02 Aug

2021

SM Prime Reports 12% Increase in 1H2021 Net Income

SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia, reported PHP11.6 billion consolidated net income in the first six months of 2021, 12% higher from PHP10.4 billion in the first half of 2020. This is on the back of improvement in second quarter net income to PHP5.2 billion from PHP2.1 billion in the same period last year. First half consolidated revenues recorded at PHP41.1 billion, down 6% from PHP43.7 of 2020’s first half.

30 Jul

2021

Reveries are weatherproof at Tagaytay Highlands

The scorching hot summer has passed and in its wake come the rainy days and constant drizzling of the monsoon season. However, no matter the weather or the season, Tagaytay Highlands continues to indulge residents and their guests with its enjoyable indoor fun and outdoor vibe—rain or shine, weather or not.

30 Jul

2021

A healthy farm-to-table lifestyle at Tagaytay Highlands

And if we are fortunate to have sizeable green spaces around our homes, growing our own produce to share or to sell totally means self-sufficiency in food for the long haul—no matter what happens outside.

19 Jul

2021

Galing Pook Foundation, SM Prime sign MoA in support of Galing Pook Awards

SM Prime Holdings recently entered a five-year partnership with the Galing Pook Foundation (GPF) and the Department of the Interior and Local Government (DILG) Local Government Academy (LGA) in support of the annual Galing Pook Awards, which recognizes local government units for their exemplary governance, innovation, sustainability, and resilience initiatives.

14 Jul

2021

All SM Hotels and Conventions Corp. (SMHCC) Properties Get Safety Seal Certification

All properties under SM Hotels and Conventions Corp (SMHCC) portfolio have recently obtained the Department of Tourism Safety Seal given to accommodation establishments who faithfully comply with the Minimum Public Health Standards (MPHS) set by the government and integrate StaySafe.ph with their contact tracing.

09 Jul

2021

Hamilo Coast Breaks Ground for Sola at Pico De Loro Cove

Costa Del Hamilo Incorporated (CDHI), developer of SM Prime’s premium beach resort communities, held its groundbreaking event last July 5, 2021 for Sola at Pico De Loro Cove – its first horizontal real estate project in the luxury seaside sanctuary of Hamilo Coast in Nasugbu, Batangas.

08 Jul

2021

Fifth Park Inn by Radisson Hotel in the Philippines Opens in Bacolod City

SM Hotels and Conventions Corp (SMHCC) announces the opening of Park Inn by Radisson Bacolod on 8 July 2021. This is the fifth Park Inn by Radisson hotel in SMHCC’s portfolio and is the second hotel under its licensing agreement with Radisson Hotel Group (RHG).

30 Jun

2021

Sola at Pico De Loro Cove brings everything you love together

Many of us have spent our lives hurrying to and fro. Quality time feels like a blur. But when a pandemic marooned everyone at home—where jobs and classes are reduced to online interactions—it dawned on people how important the welfare of the family is and how essential residences and their location are. Cramped apartments, claustrophobic condos or houses in subdivisions which are becoming denser and denser could be taxing in what we call the new abnormal. Alternatives to these were few and far between.

24 Jun

2021

Park Inn by Radisson Clark’s new South Wing brings feel-good vibe to more guests in the Philippines

Park Inn by Radisson, the feel-good brand from Radisson Hotel Group, continues to delight hotel owners and guests in Asia Pacific with its stress-free experiences, laid-back charm and vibrant contemporary design. This colorful upper midscale concept exudes positivity through its “Yes I Can!” service ethos, and the brand’s upbeat attitude is now also being reflected by its rapid regional growth.

03 Jun

2021

SM Hotels and Conventions Corp. (SMHCC) Properties Promote Campaign to Phase Out Single Use Plastics

SMHCC properties fully support the United Nations Environment Program (UNEP) in their Campaign to phase out Single-Use Plastics (SUPs) in the Tourism Sector as it partners with the Philippine Center for Environmental Protection and Sustainable Development, Inc. (PCEPSDI) under the Transforming Tourism Value Chains (TVC) Project, and the Department of Tourism through their sustainability thrust Save Our Spots.

29 Jan

2007

Why Women Shop and How!

Pink is the new black. Women’s hemlines rise and fall faster than stock prices, jeans yo-yo between flared and skinny, and black becomes the “new black” before another color takes its place again. Frivolous as it seems, shopping is about power, and no one is better qualified to talk about its how’s and why’s than SM, Inc. President Teresita Sy-Coson, whose success hinges on knowing the consumer psyche.

25 Jan

2007

SM Plans To Build More Shopping Malls In Philippines’ Cebu

Retail giant SM Malls is planning to build one or two more shopping malls in Cebu with an investment of at least P1 billion (US.5 million) for just one mall, an official said.

22 Jan

2007

SM plans new shopping center in Cebu

Cebu could look forward to more investments in its retail sector as SM Prime Holdings disclosed plans to build another shopping center here.

18 Jan

2007

Retailers, developers complain of oversupply in mall spaces

Malls and retailers are considering a moratorium in building malls in the metropolis, claiming a ‘glut’ in mall spaces. The ‘over-supply’ in retail spaces has been driving prices of mall spaces down, putting pressure on expansion plans and bottom lines.

14 Jan

2007

Gone To Guam

Just you thought you had the mushrooming SM Department stores all accounted for (total of 28 in the country,according to latest tally)Henry Sy and family had to open a store in the Agana Shopping Center in Guam add to this International outing their SM Shopping Centers in China and you can definitely say SM stands for ”so many”

02 Jan

2007

Saving More in Angono

GREAT grocery shopping goes to Rizal province as Savemore Supermarket opens a new store at the Angono Binangonan Center in Angono, Rizal. The Savernore chain, which is owned and operated by SMSupermarket, was introduced in 1998.as an independent store created to serve the needs of those who find themselves far from an SM mall. Savemore now has outlets in Manila,Cebu, and Iloilo.Shoppers can expect the same quality, service, and prices of SM Supermarket at Savemore. With its spacious aisles, modern interiors, fast check outlanes, and friendly service, Savemore sets the standard in shopping convenience and pleasure.

19 Dec

2006

P900M eyed for SM mall in Bacolod

MALL builder and operator SM Prime Holdings Inc. will spend roughly P900 million for its 28th mall, to be build in Bacolod City in the central Philippines staring in March, Inquirer sources said.

29 Nov

2006

Makati rentals continue rising on strong demand

Office rental rates in the Makati central business district are expected to continue rising as new supply remains insufficient to meet growing demand, real estate money management and services firm Jones Lang LaSalle said. In its latest Asia Pacific Property Digest, Jones Lang LaSalle said demand for office space remains strong, driven by the expansion and entry of business process outsourcing (BPO) and information technology-enabled service firms.

24 Nov

2006

Manila’s retail space too saturated for growth

Metro Manila’s retail space vacancy rate is expected to remain at 15% until yearend, according to property services firm Colliers International (Philippines), Inc. Colliers Philippines director for Research and Consultancy Richard Raymundo said in an interview yesterday that Metro Manila is already saturated with malls.

24 Nov

2006

Biggest retailer, biggest banker

HENRY SY SR., the country’s biggest retailer, is about to become the nation’s largest banker.  On November 6, 2006, the respective boards of Banco de Oro (BDO) and Equitable PCIBank

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