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.
05 Jul
2006
6,000 Pasay residents find jobs at Mall of Asia
The opening of SM’s Mall of Asia has provided jobs to least 6,000 unemployed residents of Pasay City.
26 Jun
2006
Metrobank, SM Prime sign P3-B notes float deal
Metropolitan Bank & Trust Co. and publicly listed SM Prime Holdings, Inc have signed a facility agreement for the issuance of P3 billion worth of SM Prime floating rate notes (FRN) due 2011.
22 Jun
2006
SM to focus on 4 property projects
SM Investments Corp.’s newly formed will focus in developing the central business park along Roxas Blvd, its Tagaytay properties, Hamilo Coast, a new residential resort complex in Batangas, and the mall-anchored residential projects.
14 Jun
2006
SM group finalizes acquisition of supermarket units
Conglomerate SM Investments Corp. (SMIC) has finalized the acquisition of the supermarket and hypermarket operations of its affiliate firms through a share-swap deal with majority shareholders.
14 Jun
2006
SMIC absorbs supermarkets
SM Investments Corp. of taipan Henry Sy Sr. will absorb its supermarket and hypermarket businesses through a share swap deal valued at roughly P12.5-P13 billion.
13 Jun
2006
SM Prime to fast-track Bacolod mall development
SM Prime Holdings, operator of the SM Malls, is expecting early completion of the construction of its shopping center project in Bacolod City. Instead of finishing early next year, the new mall might open before the end of 2006.
13 Jun
2006
Sy raises P800M from sale of shares in China Bank
SHOEMART INC., the privately owned department store operator of mall magnate Henry Sy, boosted its cash assets after raising P800 million from the sale of shares in its sister firm, China Banking Corp., sources familiar with the deal said.
09 Jun
2006
SM Prime seen to top profit goal
Mall developer SM prime Holdings, said Thursday it could exceed its income target of P5.4 billion this year, due to the unprecedented performance of The Mall of Asia in Pasay City and the scheduled openings of other shopping malls.
09 Jun
2006
SM Foundation Fetes Scholar graduates
SM Foundation recently feted its latest batch of graduating scholars at the Megatrade Hall in SM Megamall. SM founder and Chairman Henry SY, Sr. and Felicidad Sy personally congratulated the members of the foundation’s College Scholarship class of 2006.
05 Jun
2006
Why Henry Sy believes the Philippines is not hopeless
I am optimistic that we can achieve a better future. It’s not true that the Philippines is a hopeless case,’ 82-year-old SM Group and Banco de Oro founder Henry Sy