27 May
2021
SM Hotels and Conventions Corp. (SMHCC) Appoints New General Manager for its Park Inn by Radisson Property in Iloilo
SM Hotels and Conventions Corp. announces the appointment of Mr. Rogelio “Ogie” Manuel as Park Inn by Radisson Iloilo’s General Manager. As a highly skilled and passionate hospitality professional, Ogie,
19 May
2021
SM Hotels Supports the Philippine Red Cross
SM Hotels supports the Philippine Red Cross (PRC) in its efforts of setting up isolation facilities in the National Capital Region to help mitigate the spread of COVID-19. Various properties
03 May
2021
SM Prime’s Residential Sales Take-up Surge 31% in 1Q2021
(03 May 2021, Pasay City, Philippines)SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia, reported PHP6.5 billion consolidated net income in the first quarter
20 Apr
2021
SM Prime Announces Three New Independent Directors
(20 April 2021, Pasay City, Philippines)SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia, announces its three new Board of Directors for the year
20 Apr
2021
SM Prime Sets 2021 CAPEX; Declares Cash Dividends
(20 April 2021, Pasay City, Philippines)SM Prime Holdings, Inc. (SM Prime) sets PHP80 billion for its 2021 capital expenditures, focusing on its mall and residential business segments, with due consideration to
10 Apr
2021
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09 Mar
2021
Summer Plans Made Perfect with Pico Sands Hotel’s Break Free Package
The sandy shores of Pico de Loro Cove awaits! The stress of organizing the perfect summer getaway is no more with Pico Sands Hotel’s Break Free package, a fully planned
03 Mar
2021
SMX Convention Center’s Event Spaces Reimagined
The effects of the pandemic have limited the tourism industry and left a big impact on the economy. It made everyone re-think their business models, strategies, and goals. Versatility has
18 Feb
2021
SM Hotels Brings Back its Popular Online GC Sale in Time for Summer
SM Hotel’s online GC Sale is back with equally enticing offers to perk up everyone’s summer plans. After a successful run last year, SM Hotel properties have lined-up a wide array
05 Feb
2021
SM Prime holds Virtual Listing Ceremony for Fixed Rate Bond Series M and N
(05 February 2021, Pasay City, Philippines)SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia, marks another milestone as it holds the virtual listing ceremony
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.