04 May

2009

Makro re-branded as SM Hypermart

SM Investments Corp. will soon convert its Makro stores into hypermarkets—outlets combining a supermarket and a department store—because the concept of wholesale buying no longer appeals to consumers, an official said yesterday.

04 May

2009

SM to open 6 supermarkets

THE SM group is further beefing up its food retail operations as it announced plans to open six SM Hypermarkets this year.

04 May

2009

SM bullish on retail sales; Opens new Naga mall

SHOPPING MALL giant SM Prime Holdings, Inc. on Friday opened its 34th mall in Naga City, the first SM mall in the Bicol region and also the first new mall to be opened this year by the country’s richest man, Henry Sy.

02 May

2009

SM opens 34th mall

Shopping mall giant SM Prime Holdings, Inc. opened Friday a mall in Naga City, the first SM mall in the Bicol region and also the first new mall to be opened this year by Henry Sy, the country’s richest man.

29 Apr

2009

SM Prime eyes 3 malls in China

SM Prime Holdings Inc. has earmarked P5.5 billion to finance the construction of three more shopping malls in China.

29 Apr

2009

SM Prime eyes 3 malls in China; Q1 profit seen up 15%

Mall developer SM Prime Holdings Inc. (SM Prime) has allocated P12 billion in capital expenditures for the year, with focus on the construction of four new malls locally and laying the groundwork for three new malls in China on top of the three malls earlier acquired.

29 Apr

2009

Philippine mall operator to spend 250 mln USD on expansion

Mall developer SM Prime Holdings Inc. (SM Prime) has allocated P12 billion in capital expenditures for the year, with focus on the construction of four new malls locally and laying the groundwork for three new malls in China on top of the three malls earlier acquired.

29 Apr

2009

SM Prime boosts capex despite crisis

Even with the economic downturn, SM Prime Holdings Inc. is not slowing down on capital spending as it earmarks P12 billion for expansion in the Philippines and China this year.

29 Apr

2009

SM Prime allots capital outlay for RP, China malls

MANILA, Philippines – Sy-owned SM Prime Holdings Inc., the country’s largest owner and operator of malls, is planning to spend some P12 billion in capital expenditures this year for the construction of malls in the Philippines and in China.

29 Apr

2009

Likely grew by double-digits in first quarter, SM to open three more malls in China

THE Philippines’ biggest mall operator announced on Tuesday that it will open three malls in China starting this year until 2012, adding it expects double-digit growth in revenues at in the first quarter.

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