BILLIONAIRE Henry Sy’s shopping mall developer plans to spend P63 billion ($1.5 billion) in the next three years to add as ‘many as 18 shopping malls at home and in China as consumer spending rises.

CAPAMPANGANS again gave SM a warm welcome, as crowds packed SM City San Fernando when it opened its doors to the public on July 20. Not even the overcast skies and rainy weather could stop shoppers from quickly filling up the mall as soon as SM Prime Holdings President Hans T. Sy in the SM tradition-opened the doors to welcome the first wave of customers.

Manila, Philippines – With the Rizal@150 celebrations coming to a close, the SM Supermalls highlighted activities that would reach out to the youth and make the next generation aware of our National Hero’s life and times, as well as his values and greatness.

BDO Foundation recently launched the community-building volunteerism activity in Cagayan de Oro City for its SM-BDOF Resettlement Site for Typhoon Sendong victims in Barangay Canitoan.

A MAJORITY of SM scholars gathered at the Premier Cinema of SM Mall of Asia recently for their 2012 General Assembly, where the theme ‘Embrace, Expand, Own Your Scholarship,’ was expounded by Harley Sy, president of SM Investments Corp.

GLOBE Telecom inked an P80-million partnership deal with SM Mall of Asia (MOA) Arena, giving the telco branding and merchandising rights for its mobile telephony services at the new sports and entertainment venue in Pasay City.

SM PRIME Holdings, Inc., the country’s largest mall operator, grew its first-semester net income by roughly 15% versus the same period last year, buoyed by revenues from new malls and brisk store sales from both its local and China outlets.

SM Prime Holdings Inc., the country’s biggest shopping-mall operator, said net income in the second quarter rose 16 percent to P2.49 billion as it opened new malls and so-called same-store sales increased.

SM Foundation continues to train farmers nationwide to help them improve their family income with the cultivation of high yielding vegetables either through intercropping or planting during off-season of their main crops like rice or corn