07 Aug
2009
SM Prime First Half 2009 Net Income Up 8% to Php3.4 Billion
(06 August 2009. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime), the Philippines’ dominant shopping mall developer and operator reported an 8% increase in consolidated net income during the first six
10 Jun
2009
A greener environment through SM North EDSA’s Sky Garden
(10 June 2009. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime), the Philippines’ dominant mall developer and operator, today said that the recent opening of its highly innovative Sky Garden brings
28 May
2009
SM North EDSA Turns Green with New Sky Garden
(28 May 2009. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime), the Philippines’ dominant mall developer and operator will unveil on Friday, 29 May 2009 its latest offering, the
13 May
2009
SM Prime Opens SM City Rosales Annex
(13 May 2009. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime), the Philippines’ dominant shopping mall developer and operator, has scheduled the launching of the SM City Rosales Annex
06 May
2009
SM Hits a Hundred Retail Outlets Nationwide with the Opening of Naga Stores
(06 May 2009. Pasay City, Philippines.) Philippine conglomerate SM Investments Corporation (SM) reported that with the opening of an SM department store and an SM supermarket at the newly inaugurated
05 May
2009
SM Prime Sustains Earnings Growth in First Qtr 2009
(05 May 2009. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime), the Philippines’ dominant shopping mall developer and operator, reported sustained growth in earnings despite earlier expectations of an
29 Apr
2009
SM Prime Holdings Declares Cash Dividends and Pursues Expansion Plan in 2009
(28 April 2009, Pasay City, Philippines.) SM Prime Holdings, Inc. (“SM Prime”) announced during its annual stockholders meeting its Board approval for the declaration of a 24-centavo cash dividend per
29 Apr
2009
SM Prime Holdings Declares Cash Dividends and Pursues Expansion Plan in 2009
(28 April 2009, Pasay City, Philippines.) SM Prime Holdings, Inc. (“SM Prime”) announced during its annual stockholders meeting its Board approval for the declaration of a 24-centavo cash dividend per
02 Apr
2009
SM Prime Holdings, Inc. successfully completes Php 5.0B Floating and Fixed Rate Notes Facility
02 April 2009, Manila, Philippines) SM Prime Holdings, Inc. is pleased to announce the successful completion of its Php 5,000,000,000 Floating and Fixed Rate Notes Facility. The deal was arranged
19 Feb
2009
SM Prime full year 2008 net income up 7% to P6.4 B
(19 February 2009. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime), the Philippines’ dominant shopping mall developer and operator, reported consolidated net income of Php6.4 billion from January to
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20 Sep
2006
SM opens 28th mall in Lipa City
Shopping mall giant SM Prime Holdings Inc. will open this Friday its second mall in Batangas — SM City Lipa — aimed at taking advantage of the area’s huge and progressive population base.
19 Sep
2006
SM Prime Opens 2nd Mall in Batangas with SM City Lipa
SM Prime Holdings, Inc. (SM Prime) will open its second mall in Batangas Province on September 22. SM City Lipa, which is strategically located along the Lipa’s Ayala Highway, occupies 103,242 square meters (sqm) of land, with 77,682 sqm of gross floor area.
18 Sep
2006
SM Group gains control of Aklan Property
NABAS, Aklan—Tycoon Henry Sy has bought majority control of a 430-hectare property here that is being eyed as recreation area for local and foreign tourists visiting Boracay Island.
14 Sep
2006
Supermalls gain popularity, but retailers not favoring one format
Big-space shopping centers are becoming popular retail formats given their revenue-generating and customer-convenience appeal. They have, however, yet to significantly affect the market share of smaller-sized operations, and Philippine retailers are finding their own approaches as competition intensifies.
13 Sep
2006
SM Rolls out high-tier loyalty program
SM Mart, Inc. has launched the SM Advantage Prestige, an elite membership club of the SM Advantage, the consumer loyalty program of SM retail stores.
12 Sep
2006
NEDA: SM mall will enhance economy of Cagayan Valley
The proposed construction of an SM mall in Cagayan Valley is seen to further enhance the region’s economic turnaround after a rebound in its agriculture production
11 Sep
2006
BPOs, OFWs are it in real estate
PROPERTY advisory firm CB Richard Ellis Philippines said the real estate sector will continue to be buoyed by hefty demand for office spaces particularly from business process and outsourcing firms which in turn, will boost expansion of retail development in the provinces, it said in a study dated Aug. 28.
04 Sep
2006
Property sector outlook bullish on strong demand … but mall business expected to lag office, residential segments
Prospects for the Philippine property sector remain bullish as office space vacancies continue to shrink in the Makati central business district (CBD) demand for Metro Manila residential units increases.
28 Aug
2006
SM Prime seen to post higher profit
Stock brokerage firm ATR-Kin-Eng Securities has raised its 2007 net profit target for SM Prime Holdings Inc. by three percent to P6.59 billion, mainly due to stronger cash flows from new malls.
26 Aug
2006
Solon wants malls to allow free parking for Christmas
THIS Christmas season, a Metro Manila congressman wants shopping mall owners to temporarily give up parking fee collections. Pasig Representative Robert “DodotJaworski Jr. said this would be the best Christmas
