Mall operator SM Prime Holdings Inc said it raised 4 bln pesos from issuing floating-rate notes with a maturity of five years and one day, which will fund capital expenditures and general corporate requirements.

Metro Manila may badly lack parks or green pockets, but what it does have are malls, malls and more malls.

SPORTS and entertainment merge in the newly opened SM Bowling Center at the Mall of Asia. Suddenly, it’s not just about aiming for that perfect game, but also about hanging out with family and friends for great food and great billiards.

CITY OF SAN FERNANDO- Tarcila Santos shops regularly at SM City Pampanga here. On Friday, the same mall became her learning venue for entrepreneurship. In less than two hours, the 65-year old widow finished a free start-up course on fashion accessory making, one of five easy to do micro-businesses that SM Supermalls and the Technology Resources Center (formerly the Technology and Livelihood Resource Center) are offering to promote entrepreneurship among shoppers.

MALLS ARE NO longer thought of as establishments dedicated solely to shopping and the consumption of goods.

SM Prime Holdings Inc. (SMPH.PH) is budgeting PHP6.5 billion (US$ 141.2 million) for capital expenditure next year, which will primarily be used to build new retail complexes and upgrade existing ones, a senior vice president of the shopping mall operator said Thursday.

Sy-owned conglomerate SM Investments Corp. plans to refinance domestic debt worth P5 billion in the next six months to save on interest cost, a top company official said on Thursday.

FIRST IT WAS THE WASTE TREATMENT plants, then it was the series of Waste Market Fairs, and the segregated waste cans.

Conglomerate SM Investments Corp. is looking at the possibility of expanding its retail and mall operations under unit SM Prime Holdings Inc. into China, and is also considering listing its mall assets in Singapore.

SM Prime Holdings Inc. announced that it borrowed money anew through the sale of corporate notes or debt papers that regularly pay buyers a floating rate. In a statement, the Philippines’ biggest mall developer, said it raised P4 billion through the sale of five-year floating rate notes.