25 Aug

2006

SM opens 29th mall in Lipa, Batangas

Mall developer SM Investments Corp. (SMIC) said its subsidiary SM Prime Holdings Inc. has opened SM City Lipa.

22 Aug

2006

SM sets aside P5B for four malls next year

Listed commercial shopping center operator SM Prime Holdings, Inc. has allotted about P5 billion for the construction of four new malls to be opened next year.

22 Aug

2006

SM Prime spending P5B on 3 new malls

Mall operator SM Prime Holdings Inc. is spending about P5 billion on new malls that are scheduled to open next year, an official of the publicly listed company said.

17 Aug

2006

New kid on the block

The Block might seem like the inappropriate name for the newly opened annex at SM City North EDSA because it is so unlike older SM Malls. From the outside, it looks like its siblings but don’t let the boxy structure fool you.

17 Aug

2006

Megaworld, SM Prime pace mart’s climb

PHILIPPINE stocks on Wednesday rose after a Bangko Sentral ng Pilipinas report showed remittances from overseas Filipino workers (OFW) jumped last month. OFW remittances account for about a tenth of the Philippine economy.

17 Aug

2006

SMDC’s earnings drop in 1st half

SM Development Corp. (SMDC), the property arm of the SM Group of Companies, reported a significantly lower net income for the first six months of the year on “unrealized mark-to-market

15 Aug

2006

Retail, malls continue to drive SMIC’s profit

SM Investments Corp. (SMIC), the listed holding company controlled by retail king Henry Sy Sr., ended the first semester with a net income of P5.1 billion, 85-percent higher than the amount it made in the same period last year.

15 Aug

2006

SMIC profit soars on sale of securities, receipts

THE holding company SM Investments Corp. reported the attaining double-digit growth in net income for the first half of the year on “extraordinary gains from the sale of marketable securities and global depository receipts.

15 Aug

2006

SM posts 26% rise in net recurring income

SM Investments Corp. (SM) yesterday reported a 26% gain in net income for the first half, excluding extraordinary items, due to a strong performance from its shops and mall operations.

15 Aug

2006

SMIC earns P5.1 B in H1, up 85%

SM Investments Corporation (SMIC), the investment holding firm of the family of Henry Sy Sr., reported yesterday, an 85 percent growth in net income for the first six months of 2006 to P5.1 billion on the back of extraordinary gains from the sale of marketable securities during the period and Global Depository Receipts in the first quarter.

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