SM Prime Holdings Inc., the country’s largest real estate company, said Wednesday it will spend P220 billion over the next three years in line with the target to double net income by 2018.

Investments in low-cost mass housing as registered with the Board of Investments (BOI) hit almost P92 billion the past two years, indicative of continued interest of developers in this segment.

SM Foundation and BDO Foundation donated a new two-storey, four-classroom school building to Efraim Santibanez National High School in Passi, Iloilo.

SM Foundation and BDO Foundation donated a new two-storey, four-classroom school building to Efraim Santibanez National High School in Passi, Iloilo.

Bases Conversion and Development Authority (BCDA) is allocating P1 billion in capital expenditure (CAPEX) this year, 85 percent of which will be invested for road access to Clark GREENCITY, while revenue generation may be slower at P10 billion.

THE SM Foundation Inc. will spearhead the launching of the Kabalikat sa Kabuhayan Farmers Training Program on Thursday, Feb. 4.

A CULTURAL EXPERIENCE — Crochet artist Aze Ong performs the ‘Binanog,’ a cultural dance mimicking birds in flight, while dressed in a traditional Talaandig tribal costume at the SM Supermalls 30th anniversary event in Bulacan which features her crochet art project, ‘Liwanag.’ (Freddie C. Velez)

SM Prime Holdings Inc. will open at least four new malls this year as part of efforts to further expand its footprint nationwide and improve consumers’ mall experience.