04 Aug
2025
SM Prime H1 net income hits record P24.5B, up 11%
Key Financial Results Outlook We remain optimistic, backed by strong consumption, lower interest rates and continued recovery in retail and tourism. With inflation contained and policy easing underway, we expect
29 Jul
2025
SM Group’s Relief Operations Deliver Aid to Thousands
In the wake of continuous rains and widespread flooding brought by Severe Tropical Storms Crising, Dante, Typhoon Emong, and the southwest monsoon, SM Foundation rolled out its Operation Tulong Express (OPTE) to
28 Jul
2025
Two Properties of SM Hotels and Conventions Corporation (SMHCC) are Nominated at the Renowned World Travel Awards
Topnotch hotel brands under SMHCC’s roster of properties, Conrad Manila and Lanson Place Mall of Asia have both been nominated at the prestigious World Travel Awards. Admirably, Conrad Manila is
28 Jul
2025
SM Debuts Biggest Rooftop Solar Panel System at SM Fairview
In line with its 40th anniversary, SM Supermalls has unveiled the largest rooftop solar photovoltaic (PV) system on a commercial building in the country at SM City Fairview, reinforcing its
23 Jul
2025
Over 40,000 Join SM Cares in Championing Inclusion
In celebration of National Disability Rights Week 2025, SM Cares—the corporate social responsibility arm of SM Supermalls—reaffirmed its long-standing commitment to inclusivity through a series of meaningful events and initiatives
23 Jul
2025
Asian Open Figure Skating Trophy 2025 Kicks Off at SM Skating MOA
Get ready for a breathtaking spectacle as Asia’s finest figure skaters take center stage at the Asian Open Figure Skating Trophy 2025, happening from August 1 to 5, 2025 at
23 Jul
2025
SM Supermalls Marks National Disaster Resilience Month with Capacity Building Events
In celebration of National Disaster Resilience Month this July, SM Supermalls is leading the private sector in promoting lifesaving skills and community preparedness through a series of impactful activities. The month opened with the
18 Jul
2025
SM Hotels & Conventions Corporation’s (SMHCC) Park Inn Property in Davao Recognized as the First DOT-Accredited Muslim-Friendly Accommodation Establishment in the Davao Region
SMHCC announces Park Inn by Radisson Davao’s recent recognition by the Department of Tourism (DOT) as the first Muslim-Friendly Accommodation Establishment in the Davao Region. This milestone underscores the hotel’s
17 Jul
2025
Jessica Soho Headlines 2025 Global Youth Summit
MANILA, Philippines – The country’s biggest youth gathering returns as the Global Youth Summit 2025 is set to inspire and energize thousands of young leaders and changemakers at the SM
14 Jul
2025
Department of Energy and SM Cares launch “You Have the Power” caravan at SM Sucat
The Department of Energy in partnership with SM Cares, officially launched the “You Have the Power” education and information campaign at SM Sucat. This muli-mall roadshow is designed to promote
Stories
28 Dec
2007
SM Prime not yet listing on other exchanges
Shopping Mall Developer and operator SM Prime Holdings, Inc. will wait for the enactment of proposed law on real estate investment trust (REITs) before it considers listing in other exchanges, Executive Vice-President Jeffrey C. Lim said.
20 Dec
2007
SM Prime eyes P4B in loans in 2008
SM Prime Holdings Inc., the mall development arm of tycoon Henry Sy, is considering borrowing P4 billion in 2008 to help fund construction of new malls, a company official said.
20 Dec
2007
Banco de Oro to refinance 0m worth of tier 2 notes
The Sy-controlled Banco de Oro, the country’s fastest growing bank, will refinance about 0 million of its tier 2 notes next year, bank president Nestor Tan told reporters yesterday.
20 Dec
2007
SM bank, mall units to raise P12.4B
SM Investment Corp.’s banking and mall subsidiaries plan to get loans and issue debt totaling at least P12.4 billion (6 million) next year to fund expansion projects and refinance debt, officials said.
20 Dec
2007
SM Prime Plans To Borrow PHP4 Bln In ’08 To Partly Fund Capex
SM Prime Holdings Inc. (SMPH.PH), the Philippines’ largest mall operator by sales, plans to borrow PHP4 billion (.9 million) next year to partly fund its capital expenditure, which is estimated at PHP6 billion, Executive Vice-President Jeffrey Lim said Wednesday.
20 Dec
2007
SM to borrow locally for additional malls
THE country’s biggest mall builder and operator said it will borrow a substantial part of the money required for next year’s capital expenditures from the local market. In a briefing, Jeffrey C. Lim, SM Prime Holdings Inc. executive vice president, said the company will borrow P4 billion out of the P6-billion capex for next year while the balance would come from internally generated funds.
20 Dec
2007
SM Prime plans P4-B borrowings next yr
Shopping mall giant SM Prime Holdings Inc. plans to borrow P4 billion next year to fund the continued development of new malls and the expansion of existing ones. SM Prime executive vice president Jeffrey Lim said the company needs P6 billion to fund its capital expenditures next year.
11 Dec
2007
SM Prime Expands SM City Cebu with Opening of New Annex
SM Prime Holdings, Inc. (“SM Prime�?) has just expanded SM City Cebu with the opening of its new annex, bringing total GFA to 268,611 square meters (sqm), making it the largest SM mall in the Visayas region. The new wing of SM City Cebu, which will be inaugurated on November 30, 2007 has a gross floor area (GFA) of 107,049 sqm.
11 Dec
2007
SM Nation
At the education summit, held at the Asian Institute of Management, I acknowledged the breakthrough importance of the Commission on Higher Education’s Memo Order No. 39, which standardizes the Bachelor of Science in Business Administration program nationwide. But I suggested that the world it assumed was skewed.
11 Dec
2007
Shopping Center of the Year
The SM Mall of Asia recently received the Philippine Retailers Association’s Shopping Center of the Year Award during its 2007 Outstanding Filipino Retailers and Shopping Centers of the Year Night held recently at the Crowne Plaza in Ortigas.
