04 Feb

2008

Chinese firm to put up US$ 200-M retirement facility near SM MOA

Chinese firm Sunshine Corp. plans to put up a US$ 200-million retirement facility near the SM Mall of Asia (MOA) to cater to Chinese retirees. In an interview, Philippine Retirement

25 Jan

2008

SM Prime profit increases on mall rentals, expansion

THE Philippines’ largest shopping mall developer and operator said its first-half earnings rose on the back of higher revenues from space rentals and mall expansion. In a statement, SM Prime

24 Jan

2008

SM Prime raises P3B from fixed rate notes issue

Shopping mall giant SM Prime Holdings Inc. said it has raised P3 billion from the issuance of fixed rate notes. In a disclosue to the Philippine Stock Exchange, SM Prime

24 Jan

2008

SM inks deal to open IMAX cinemas in North Edsa, Cebu

SY-LED SM Prime Holdings, Inc. has signed a deal with IMAX Corp. for the opening of two more theaters in the country following the success of the Mall of Asia

24 Jan

2008

SM gets incentives for P714.96-m infotech investment

Shoemart Inc. of taipan Henry Sy Sr. has secured incentives from the Philippine Economic Zone Authority in exchange for a P714.96-million investment to develop and operate an information technology center

24 Jan

2008

Solons push ban on parking fees at shopping malls, private hospitals

Congressmen batting for a ban on pay vehicle parking at shopping malls, hospitals and other similar commercial establishments yesterday demanded the conduct of continuous hearings on a number of legislative

24 Jan

2008

SM City Naga breaks ground

Naga City Mayor Jesse Robredo and SM Prime Holdings president Hans Sy led the groundbreaking ceremony of SM Naga in Camarines Sur. Located along the entrance of the Central Business

24 Jan

2008

SM Prime earmarks P1B for China mall

SM Prime Holdings Inc. (SMPH), the shopping mall development arm of the Sy group, is spending P1 billion for the construction of its fourth mall in China later this year. 

02 Jan

2008

SM to build shopping mall in San Pablo

THE country’s largest mall owner and operator said it will build another shopping center in Laguna late this year to early 2009 as part of its provincial expansion. Jeffrey C.

02 Jan

2008

Retailers wait for last-minute shopping to boost sales

Local retailers are counting on last-minute holiday shopping to boost sales, which as of the middle of the month was down 10 percent year-on-year, according to Samie Lim, chairman emeritus

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