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
14 Jan
2009
SM Prime Opens SM City Fairview Annex
(14 January 2009. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime) has scheduled the launching of the SM City Fairview Annex on Thursday, 15 January 2009. The annex will
14 Jan
2009
SM Prime Opens SM City Fairview Annex
(14 January 2009. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime) has scheduled the launching of the SM City Fairview Annex on Thursday, 15 January 2009. The annex will
23 Dec
2009
SM Supermalls offers new service to OFWs
Overseas Filipino workers (OFW) who are currently in the country can visit the newly opened Global Pinoy Center in various SM Malls and avail themselves of the SM Global Pinoy (GPC) card to enjoy rewards, discounts and freebies from SM Super Malls and other partner establishments.
22 Dec
2009
Arriving OFWs may now meet families at malls, says OWWA
The Overseas Workers Welfare Administration (OWWA) announced yesterday that arriving overseas Filipino workers (OFWs) during this Christmas season are now offered the option to meet their families and other greeters at nearby malls rather than at the airport’s congested parking areas. OWWA Administrator Mae Dimzon said under OWWA’s expanded ‘Pamaskong Pasalubong Program 2009’ for OFWs, they are offered free shuttle rides to avoid heavy traffic at the Ninoy Aquino International Airport, Diosdado Macapagal International Airport or Cebu International Airport during holidays.
22 Dec
2009
Abot Tanaw social media network brings Pinoys closer to home
MANILA, Philippines – With Christmas just a few days away, thousands of regional Pinoy migrants will be spending the Yuletide season somewhere around the country, and about half of them won’t be with their families.
22 Dec
2009
SM North to start by 2011
CEBU, Philippines – The SM Prime Holdings is now finalizing its deal with the property owner for the opening of the first SM Mall in the northern part of Cebu at the Consolacion area in the next two years.
21 Dec
2009
SM Malls join DOE compact fluorescent lamp exchange program
MARILAO, Bulacan-SM malls together with the Department of Energy (DOE) recently launched its compact-fluorescent lamp (CFL) exchange program.
21 Dec
2009
SM’s P270M on hold
CEBU City Mayor Tomas Osmeña has decided to put on hold the P270 million down payment made by an investor whose proposal includes building a mall in the South Road Properties (SRP).
21 Dec
2009
SM North to start by 2011
CEBU, Philippines – The SM Prime Holdings is now finalizing its deal with the property owner for the opening of the first SM Mall in the northern part of Cebu at the Consolacion area in the next two years.
21 Dec
2009
SM Prime plans REIT issue overseas
SM Prime Holdings, the mall development arm of the SM Investments Corporation, is also considering the issuance of real estate investment trusts (REITs) overseas for its China mall holding unit if it is deemed to be more profitable than an initial public stock offering.
21 Dec
2009
SM Prime Looking at REIT to Solidify its Overseas Market Presence
SM Prime Holdings has shared that it is seriously looking at the option of putting in some of its Hong Kong based assets and properties under a Chinese Real Estate
18 Dec
2009
Retail sector anticipates better 2010
CEBU, Philippines – The Cebu retail industry is anticipating a better 2010, as economic indicators are now on the recovery track and industry players looking forward to expansion plans next year.