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Extended monsoon rains are expected to dampen the third-quarter performance of consumer-facing businesses, construction firms, and logistics operations across the Philippines. Analysts point to reduced foot traffic, project delays, and increased operating…
SM Prime Holdings has reported a 16 per cent rise in income in the first half of this year. Sales, boosted by new mall and residential projects, reached a total of P16.6 billion (US$313 million). The firm opened shopping centres in Cavite, Pangasinan and…
Property giant SM Prime Holdings aims to open four shopping malls with a combined gross floor area of 292,000 sqm in the Philippines this year. SM Prime ended last year with 60 malls across the country, as well as six malls in China. President Jeffrey Lim…
An 80,000 sqm mall has been opened in eastern Metro Manila by Southeast Asian integrated property company SM Prime Holdings. As its 60th mall in the Philippines, SM City East Ortigas reinforces its commitment to continue expanding there given the economy’s…
Philippines property developer SM Prime Holdings is looking to acquire shopping malls in China as well as buying more land for expansion. But it is interested only in the Fujian province, says SM Prime executive committee head Hans Sy. “We are still…
With the Philippines’ consumption-driven economic boom showing no signs of abating, modern retail enterprises are sprouting outside the capital. Some are new companies eager to make a mark alongside the country’s established conglomerates. DoubleDragon…
SM Prime Holdings, Inc. has set the interest rate for its Peso-denominated Series F, 10-year retail bonds at 4.2005% per annum. SM Prime will issue an aggregate principal amount of Php10.0 billion of the Series F bonds, which will be offered to investors…
Bulakenos and residents of the North Metro area had a lot of shopping, leisure, and entertainment excitement when SM City San Jose del Monte recently opened its doors to the public When SM Prime Holdings President Hans T. Sy opened the doors of SM Prime…
The mall business of SM Prime Holdings, Inc. (SM Prime), the country’s largest integrated property developer, reported its recent certification by the International Organization for Standardization. The ISO 22301 certification affirms the company’s commitment…
SM Prime Holdings, Inc. on Friday is opening its second shopping center in Cabanatuan, as part of the property holding firm of the Sy family’s drive to capitalize on the growth prospects in the provinces. Its 53rd mall in the country, SM City Cabanatuan…
Property conglomerate SM Prime Holdings, Inc. received a prestigious gold award for SM City Xiamen, Fujian Province, its first mall in China. SM City Xiamen/SM Lifestyle Center won the Mall China Golden Mall Awards 2015 Commercial Asset Management Company…
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