24 Nov

2021

Park Inn by Radisson Bacolod Welcomed the Holiday Season with its Newly-Opened Art Gallery and Tree Lighting Ceremony

Park Inn by Radisson Bacolod, the new and vibrant upper midscale hotel in the City of Smiles, formalized its opening through a festive welcome of the holiday season. 

23 Nov

2021

SMX Meetings: Small in Scale, Great in Value

SMX Convention Center (SMXCC), the leading convention center in the country, remains committed to adapting to the market’s evolving needs in light of the pandemic. As such, customized small meeting packages suitable for mid-year and budget planning sessions have been made available, without compromising guests’ safety and while abiding by #SMXsafespaces protocols.

15 Nov

2021

SM Prime Holds Virtual Listing Ceremony for Retail Bond Series O

SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia, holds a virtual listing ceremony for its latest Retail Bond Series O offering PHP10 billion.

09 Nov

2021

SM Hotels Brings Back its Sought-After Online GC Sale in Time for the Holidays

SM Hotel’s online GC Sale returns with even more tempting offers for a well-deserved holiday staycation. Backed-up by uncompromising safety standards through the SustainablySafe Program, SM Hotel properties across the Philippine archipelago look forward to welcoming families and friends once again and indulge in a much-anticipated getaway.

08 Nov

2021

SM Prime 9M21 Net Income Up by 9%; Reservation Sales Increases by 14%

SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia, reported a 9% increase in consolidated net income to PHP 15.6 billion in the first nine months of 2021 from PHP14.4 billion in the same period last year. Consolidated revenue recorded PHP56.8 billion, 6% lower from PHP60.7 billion in the same period being reviewed.

08 Nov

2021

SM Prime supports the Task Force on Climate-related Disclosures

SM Prime Holdings, Inc. (SM Prime) joins more than 2,500 organizations worldwide in supporting the Task Force on Climate-related Financial Disclosures (TCFD) and its goal of creating a more resilient financial system through better climate risk disclosures. 

03 Nov

2021

Tagaytay Highlands bares hopes for gladder tidings this Yuletide

It’s beginning to look a lot like Christmas at Tagaytay Highlands, with its homeowners getting all psyched up for the most wonderful time of the year. For one, while precautionary measures remain in place in the premier mountain resort community, it has its holiday agenda all mapped out to ensure that residents’ Yuletide celebrations will be merry and bright.

03 Nov

2021

Ten Outstanding Local Governance Units honored in Galing Pook Awards 2021

Ten outstanding local governance programs from different cities, municipalities, and provinces across the country were recognized in the 2021 Galing Pook Awards.

29 Oct

2021

SM Prime Issues Interest Rate for Retail Bond Series O

SM Prime Holdings, Inc. (SM Prime) has set the interest rate for its Peso-denominated Series O, 7-year retail bond at 5.0994 per cent due on 2028.

20 Oct

2021

SM Supermalls, ARISE Philippines and Korean Embassy celebrate International Day for Disaster Risk Reduction

SM Supermalls, in partnership with the Embassy of the Republic of Korea in the Philippines and ARISE Private Sector Alliance for Disaster Resilient Societies – Philippines, hosted a webinar last October 13 on disaster risk reduction (DRR) in celebration of the International Day for Disaster Risk Reduction.

03 May

2007

Philippines’ property sector is red-hot

THE talk at a recent dinner party in Hong Kong hosted by one of Europe’s largest banks for a group of wealthy clients was centred – surprisingly – on the Philippine property sector.

24 Apr

2007

SM Prime sets aside P35 B to continue expansion binge

SM Prime sets aside P35 B to continue expansion binge Top mall developer SM Prime Holdings Inc. is spending P35 billion over the next five years for the construction of new malls as well as the expansion or renovation of existing malls nationwide.

24 Apr

2007

BusinessWorld: SM Prime sets P35-B plan

SM Prime Holdings, Inc., the country’s largest shopping mall developer and operator, will spend P35 billion in the next five years to open new malls and expand existing ones, President Hans T. Sy said yesterday.

24 Apr

2007

Philippine SM Prime 1Q Rev Likely Up 20%-25% On Year By Newswires

SM Prime Holdings Inc.’s (SMPH.PH) first-quarter revenue likely rose 20%-25% on year on the continued expansion of its shopping mall network, company executives said Monday. SM Prime Executive Vice President Jeffrey Lim said preliminary figures showed 20%-25% on-year growth in revenue in the quarter ended March 31, while same-store sales were up 7% on year.

24 Apr

2007

Philippines’ SM Prime sees 10-13 pct increase in net profit in 2007

SM Prime Holdings Inc expects its net profit to increase by 10-13 pct this year from 5.45 bln pesos last year, according to its president, Hans Sy. ‘Two-thousand-and-seven is very promising in terms of guidance. We are looking at a 10-13 pct increase over 2006 net earnings with the opening of three new malls in Bacolod, Tagaytay and Muntinlupa.

24 Apr

2007

Philippines SM Prime Hikes Capital To PHP20B From PHP10B

SM Prime Holdings Inc.’s (SMPH.PH) revenue in the first quarter likely rose 20%-25% on year, on the back of the continued expansion of its malls, company executives said Monday.

24 Apr

2007

SM Prime sees profit rising by double-digits

SM Prime Holdings Inc. said profits this year are poised to grow by double digits, as the Philippines’ largest mall developer and operator saw first-quarter revenues rising by a quarter.

24 Apr

2007

SM Prime Holdings to spend P35B over five-year period

SM Prime Holdings Inc. is setting aside P35 billion over the next five years for the construction of new malls and expansion of existing ones as it seeks to further strengthen its dominant foothold in the shopping mall industry.

06 Apr

2007

SM Offers To Wipe Out Cebu’s Debt Over South Road Properties

A multi-billion-peso offer made by SM Prime Holdings Inc. to take full control over the entire 295-South Road Properties (SRP) will practically wipe out Cebu City’s P6.3 billion (US8.8 million) debt incurred in building the SRP.

04 Apr

2007

Top Manila property firms to bid for airport lot

Five of the Philippines’ top property developers can take part in a state auction for a former airport site in Iloilo city, 290 miles (470 km) south of the capital, the government said on Tuesday.

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