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.

10 Aug

2006

SM Investments approves corporate restructuring plan

SM Investments Corp. (SMIC), the listed investment holding company of retail tycoon Henry Sy, has approved a restructuring plan aimed at simplifying the company’s structure by grouping sub-sidiaries, affiliates and other assets together in their respective lines of business or interest.

10 Aug

2006

SMIC streamlines businesses, creates two new companies

SM Investments Corp. (SMIC), the listed holding firm of retail king Henry Sy Sr., is moving to simplify its corporate structure by putting subsidiaries, affiliates and other assets together in their respective lines of business or interest.

10 Aug

2006

SM holding firm to restructure

Sy-led holding firm SM Investments Corp. (SMIC) yesterday announced plans to form two new companies within this year as part of its efforts to simplify its organizational structure among its diverse business interests. An SM Hypermarket outlet at the new SM City North EDSA’s The Block.

07 Aug

2006

SM Prime profit up 9% on robust mall revenues

Mall developer SM Prime Holdings Inc. has posted a nine-percent increase in its net profit attributable to the parent firm for the first half of the year to P2.6 billion from P2.4 billion last year mainly driven by robust revenue growth during the period.

05 Aug

2006

SM Prime nets P2.6 B in 1st half

SM Prime Holdings, Inc. (SM Prime), the country’s leading shopping mall developer and operator, reported a 9 percent growth in net income for the first six months of the year to P2.6 billion from P2.4 billion in the same period 2005.

05 Aug

2006

SM Prime registers profit hike in first half

SM PRIME Holdings Inc., the Philippines’ largest shopping mall operator, said its profits in the first six months of the year rose on revenues from its new malls.

03 Aug

2006

Hotel, convention center to rise at SM Mall of Asia

A new hotel and a convention center will soon rise at the sprawling SM Mall of Asia complex in Pasay City to cater to both international and domestic visitors.

01 Aug

2006

Condos to ring SM City-North Edsa; Annex to be torn down

SM Prime Holdings Inc. is looking at the possibility of ringing its first mall, SM City-North Edsa with residential condominium buildings and restructure its Annex building in a two-year redevelopment plan.

31 Jul

2006

SM Supercenter Pasig to open soon

SM Supercenter Pasig, the 26th SM Supermall, is set to open on Aug. 18.

28 Jul

2006

SM Prime readies launch of bigger SM City

SM PRIME Holdings Corp., the retail investment unit of taipan Henry Sy, will launch The Block at SM City North Edsa this weekend. The Block will expand SM North, the company’s pioneer shopping mall and among the most profitable, into the second largest mall in the country next only to SM Mall of Asia.

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