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.
27 Jul
2006
SM Group bullish about Cebu
Cebu City – The SM Group continues to be bullish about Cebu, as indicted by the expansion plans of affiliate companies operating here.
24 Jul
2006
SM advances P50M in taxes
Cebu City – Listed mall developer SM Prime Holdings, Inc. will advance around P50 million in taxes to the Cebu City government to jump-start the rehabilitation of the Cebu North Reclamation Area. With this gesture, SM Prime hopes to encourage the other 125 property owners at the 169-hectare reclamation area to also advance tax payments to the city government in order to finance the rehabilitation and beautification project worth P202.26 million.
21 Jul
2006
SM group sets international road show
Sy-led holding company SM Investments Corp. will embark on a no-deal road show starting next month to drumbeat investors’ interest and update them about the listed firm, Vice-President for investor relations Corazon P. Guidote told BusinessWorld.
20 Jul
2006
Gov’t taps SM to build malls in Northrail train stations
North Luzon Railways Corp. (Northrail) is close to signing a deal with the Sy-owned SM group for the construction of commercial centers in at least two of its train stations.
20 Jul
2006
SM Supercenter Pasig opens July 29
Great shopping goes closer to home when SM Supercenter Pasig, the 26th SM supermall opens on Saturday, July 29.
19 Jul
2006
SM toy store offers new service to expand reach beyond malls
In the midst of stiffer competition in the toy segment, the toy store of the SM group has offered to deliver its toys to any destination nationwide. Called Toy2Door Delivery,
17 Jul
2006
SM group to conclude talks with hotel investors by yearend
SM group to conclude talks with hotel investors by yearend- BusinessWorldAuthor: Ruby Anne M. Rubio Sy-led holding firm SM Investments Corp. expects to conclude by yearend talks with international hotel
17 Jul
2006
SM Group convinces Davao council to review tax code
Davao City- This city’s legislative council has decided to review the new Davao City tax code, approved in November last year, following a request made by representatives of retail giant SM Prime Holdings.
17 Jul
2006
SM Buying 2 PriceSmart Stores
The SM Group, which has the country’s biggest chain of department stores and supermarkets, is in the thick of negotiations with PSMT Philippines for the purchase of two PriceSmart outlets, a source said.
10 Jul
2006
SM Group forms finance company
SM Group forms finance companyBy Jennifer B. Austria Retail magnate Henry Sy has formed a financial holding company called Syntrix Holdings Corp. to assist in SM Group’s real estate transactions