SM Prime Holdings, Inc. (SM Prime) has joined more than 2,500 organizations worldwide in supporting the Task Force on Climate-related Financial Disclosures (TCFD) and its goal of creating a more resilient financial system through better climate risk disclosures. Created in 2015 by the Financial...
SM Prime Holdings Inc., one of the leading integrated property developers in Southeast Asia, has set the interest rate for its P10 billion Peso-denominated Series O, 7-year retail bond at 5.0994 percent. In a disclosure to the Philippine Stock Exchange, SM Prime said it issued an aggregate...
SMFI KSK farmers set up their urban farm space where they will practice the various sustainable agriculture techniques that they will learn from the program. The future of food security lies greatly on sustainable agriculture. It is a given that practicing sustainable agriculture in the urban areas...
SM Prime Holdings Inc., one of the leading integrated property developers in Southeast Asia, has committed to expand its energy source portfolio gearing towards clean energy across all of its business segments over the medium term as part of its sustainability program. “Sustainability has always...
SM Prime Holdings, Inc. is planning to raise up to P10 billion from the third tranche of its P100 billion fixed-rate bonds with the Securities and Exchange Commission in February last year. In a disclosure to the Philippine Stock Exchange, the firm said it has filed with the SEC an application for...
SM Investments Corporation (SMIC) reported a 183 percent jump in consolidated net income to P20.1 billion in the first half of 2021 from the P7.1 billion earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said consolidated revenues rose 4 percent to...
SM Prime Holdings Inc., one of the leading integrated property developers in Southeast Asia, reported a 12 percent growth in consolidated net income to P11.6 billion in the first half of 2021 from P10.4 billion in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm...
Real estate giant Ayala Land Inc. is spending close to P90 billion for its share of a new estate at the South Road Properties in Cebu City which it will be jointly developing with SM Prime Holdings Inc. ALI Senior Vice President and Ayala Land Estates Group Head Anna Ma. Margarita "Meean" B. Dy In...
Safer and more convenient walkways await commuters and pedestrians alike with the upcoming construction of the EDSA Busway Concourse Project next month, the Department of Transportation (DOTr) said. Conceptual image of the EDSA Busway Concourse. (Photo from DOTr) The DOTr led on Tuesday, May 18,...
SM Prime Holdings Inc., one of the leading integrated property developers in Southeast Asia, is subjecting its P80-billion capital expenditure budget for 2021 to a quarterly review. During the firm’s annual stockholders’ meeting, SM Prime President Jeffrey Lim said the regular review was...
SM Investments Corporation (SMIC) registered a net income of P23.4 billion last year, 48 percent lower than the P44.6 billion earned in 2019. Due to the impact of the COVID-19 pandemic, The firm’s consolidated revenues declined to P394.2 billion in 2020 from P502.0 billion in the year before....
Eight firms under the SM group of companies received Golden Arrow Awards from the Institute of Corporate Directors (ICD) for performing well in the ASEAN Corporate Governance Scorecard (ACGS). In a statement, the conglomerate said this is an assessment benchmarked against international best...