13 Dec
2012
SM Prime to Open Fifth Shopping Mall in China
(13 December 2012. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime), the Philippines’ dominant mall developer and operator, is scheduled to open SM City Chongqing located in Southwest China,
29 Oct
2012
SM Prime January to September 2012 Profits Up 15% to P7.4 Billion
(29 October 2012. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime), the Philippines’ leading shopping mall developer and operator, posted a 15% increase in consolidated net income for the
17 Oct
2012
SM Prime’s SM Seaside City in Cebu Obtains PEZA Registration
(16 October 2012. Pasay City, Philippines) SM Prime Holdings, Inc. (SM Prime) signed on September 4, 2012 the Registration Agreement for SM Seaside City Tourism Economic Zone in Cebu with
27 Sep
2012
SM Prime to Open SM Lanang Premier in Davao
(27 September 2012. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime), the Philippines’ dominant mall developer and operator, is set to open its 46th shopping mall in the country,
09 Aug
2012
SM Prime to Open SM City General Santos in South Cotabato
(09 August 2012. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime), the Philippines’ dominant mall developer and operator, is set to open its 45th shopping mall in the country,
30 Jul
2012
SM Prime Boosts Second Quarter 2012 Profits by 16% to Php2.49 Billion
(30 July 2012. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime), the Philippines’ dominant shopping mall developer and operator, posted a better than expected 16%increase in net income for
19 Jul
2012
SM Prime to Open SM City San Fernando in Pampanga
(19 July 2012. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime), the Philippines’ dominant mall developer and operator, is set to open its 44th shopping mall in the country,
29 May
2012
SM Prime Holdings, Inc. Signs Php7.5 Billion Notes Facility Agreement
(May 29, 2012) SM Prime Holdings, Inc. (SM Prime) recently signed a Php7.5 billion notes facility agreement. The notes facility, consisting of five- and ten-year floating rate notes and five-
25 Apr
2012
SM Prime Continues to Outperform in 1Q2012, Earnings Up 15%
(24 April 2012. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime), the Philippines’ dominant shopping mall developer and operator, started the year strong by continuing to exceed its growth
17 Apr
2012
SM Prime Holdings, Inc. Holds Multi-sectoral Meeting with DILG
A multi-sectoral meeting was held this afternoon in the DILG office in camp crame chaired by DILG Secretary Jesse Robredo to discuss the concerns on the expansion of SM City
Stories
17 Nov
2009
SM to build new malls in RP, China next year
THE holding company of the SM group said it plans to build five more malls in the Philippines and one in China next year as it is poised to enter a new growth cycle led by the retail and property businesses. In a briefing, Cora Guidote, SM Investments Corp. (SMIC) vice president for investor relations, said the conglomerate will build new malls in Calamba, Laguna; Novaliches, Quezon City; Tarlac; Masinag in Antipolo City; and San Pablo, Laguna and one in China.
17 Nov
2009
SM Prime plans to build 10 malls in China in 5 yrs.
SM Prime Holdings Inc., the mall developer of the SM Group, is eyeing a total of 10 SM supermalls in China in the next five years to contribute 10 percent of its revenues from the present 2 to 3 percent.
17 Nov
2009
Retail, property businesses prop up SMIC 9-month earnings
MANILA – Earnings of SM Investments Corp. (SMIC), the holding firm of mall magnate Henry Sy, grew 14.3% in the first 9 months of the year, fueled by the strong performance of its retail and property businesses.
17 Nov
2009
Mall and banking group to invest P211B up to 2014
Sy-led SM Investments Corp. (SMIC) is confident the local economy will continue to remain robust in the next five years, disclosing yesterday that it plans to invest as much as P211 billion until 2014.
17 Nov
2009
SMIC earmarks P40.6B for 2010 projects; Jan.-Sept. profit up 14% to P10.8B
SM INVESTMENTS CORP. said Monday it was planning to invest P40.6 billion more in its retail, shopping malls, property, and hotel and entertainment businesses next year.
17 Nov
2009
SM Investments Expects to Post Record Annual Profit
Nov. 16 (Bloomberg) — SM Investments Corp., the holding company of Philippine billionaire Henry Sy, will post a record profit this year as its retail, property, shopping mall and bank units grabbed market share amidst a slowing economy.
17 Nov
2009
SMIC sets massive P211-billion capex over 5 years
MANILA, Philippines – SM Investments Corp. (SMIC), the investment holding firm of the Sy family, has set a massive capital expenditure program worth P211.32 billion over five years to take advantage of a global economic recovery as well as emerging business opportunities.
17 Nov
2009
SM Group sets 2010 capex budget at P41B
THE holding company of the SM Group is planning to increase next year’s spending by more than half as it forges ahead with a five-year plan to double profits to over P30 billion.
12 Nov
2009
The World’s Five Most Shocking Malls
Amusement parks, ice-skating rinks, wave pools, and IMAX theatres—believe it or not, these are all found inside of select malls around the world. And although many know of Minnesota’s Mall of America, which continues to be a popular road trip destination, the shopping centers that beat it in both size and attractions require an international voyage.
12 Nov
2009
SM offers to pay P50 million advance taxes
CEBU, Philippines – The management of SM Prime Holdings Inc. has offered the Cebu City government an advance tax payment of P50 million on condition that the money would be spent for the development of areas surrounding its mall.
