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
11 Feb
2008
SM Prime profit hits P6 B in 2007
Top mall developer and operator SM Prime Holdings, Inc. posted a 10 percent growth in net income to P6 billion in 2007 from the previous year’s P5.4 billion. The firm
11 Feb
2008
SM Prime profit up on rentals, new malls
THE Philippines’ largest mall owner and operator said last year’s profits went up on the back of higher mall space rentals as it added three new malls and expanded existing
11 Feb
2008
Property companies record double-digit growth in 2007
PROPERTY FIRMS posted double-digit growth in 2007 as they added more projects and controlled expenses. Ayala Land, Inc. (ALI), the country’s largest property developer, said on Friday that it posted
11 Feb
2008
SM Prime net income hit P6B in ’07 on new malls
SM Prime Holdings Inc. said its net income grew 10 percent to P6 billion in 2007 from P5.4 billion in 2006 with the entry of new malls. In a statement,
11 Feb
2008
Mall firm earns on higher rental revenues
THE Philippines’ largest mall builder and operator said earnings last year rose on increased rental revenues brought about by three new shopping centers it opened and expanded in 2007. Ticket
11 Feb
2008
SM Prime income up 10% to P6B in ’07
Shopping mall giant SM Prime Holdings Inc. reported a 10 percent rise in net profit last year, driven by the opening of three new malls and the expansion of three
07 Feb
2008
SM, Carlson Hotels tie up for 2 projects
SM Investments Corp. (SMIC), the investment holding firm of the family of retail tycoon Henry Sy, has signed an agreement with Singapore-based Carlson Hotels Worldwide – Asia Pacific for the
07 Feb
2008
Singapore firm to run 2 SMIC hotels
SM Investments Corporation has entered into a management agreement with Singapore-based Carlson Hotels Worldwide — Asia Pacific for the operation and management of two hotels worth P2.4 billion. In a
04 Feb
2008
Four SM malls offer Internet access; more to follow
RIDING ON the wireless technology wave, leading mall operator SM Prime Holdings, Inc. is planning to offer wireless Internet connections in all its malls after successful pilot-tests last year. The
04 Feb
2008
Watsons raises capital to P665M
Watsons Personal Care Stores (Philippines) Inc., a joint venture between the SM Group of Companies and Hong Kong-based A.S. Watson & Co. Ltd., is raising its capitalization to P665 million