SM Prime Holdings Inc. is allotting P100 billion for capital expenditures this year as it posted a 33 percent jump in consolidated net income to P40 billion in 2023 from the P30.1 billion it earned in 2022. In a disclosure to the Philippine Stock Exchange (PSE), the firm said its consolidated...
The Sy family’s SM Prime Holdings Inc., one of the leading integrated property developers in Southeast Asia, is planning to raise as much as P100 billion from the issuance of bonds over the next three years. SM Prime's Board of Directors told the Philippine Stock Exchange (PSE) of the approval on...
Conceptual image of the EDSA Busway Concourse. (Photo from DOTr) EDSA bus passengers will soon have the VIP feel while commuting even amid traffic jams after the Department of Transportation (DOTr) has signed an agreement with the SM Prime Holdings for the construction of a state-of-the-art...
SM Prime has entered a joint venture with GUUN Co. Ltd (GUUN), with SM Prime holding 70 percent of the equity of the Philippine joint venture company. SM Prime Chairman of the Executive Committee Hans Sy and GUUN CEO Shinji Fujieda shake hands during the signing of a memorandum of understanding to...
The Korean romantic comedy series “Wedding Impossible,” starring actress Jung Jong-seo and actor Moon Sang-min, will be coming exclusively to Prime Video. Prime Video announced on Feb. 7 that “Wedding Impossible,” from tvN and Amazon, will be available Prime Video in the Philippines...
SM Prime Holdings, Inc. (SM Prime) President, Jeffrey Lim, was recently recognized for excellence in leadership at The Business Manual’s prestigious CEO Awards. Lim, along with the country's most prominent entrepreneurs and business leaders, was honored for his exemplary leadership and...
Prime Integrated Waste Solutions Inc. (PWS), a subsidiary of Razon-led Prime Infrastructure Capital, has advanced into operational phase the country’s first automated materials recovery facility (MRF) sited in Cebu that will be utilized for strategic waste management as well as storage, prior to...
Prime Video announced on Jan. 24 that the Korean reality variety program “Apartment404” with entertainer and host Yoo Jae-suk and BLACKPINK’s Jennie will be coming to the streaming platform in the Philippines and more than 240 countries and territories worldwide starting Friday, Feb....
The Department of Energy (DOE) has been in talks with the consortium-members of the Malampaya gas field project on prospects of retaining the oil-linked gas pricing formula in the targeted new gas sale and purchase agreements (GSPAs) that shall be cemented for the 15-year service contract extension...
The much-awaited giant initial public offerings (IPOs) of SM Prime Holdings’ real estate investment trust and Prime Infrastructure Inc. of billionaire Enrique K. Razon Jr. may not happen this year. In an online briefing, Abacus Securities Corporation Research Head Raymond Neil "Nicky" Franco...
“Marry My Husband,” the new Korean drama, stars Park Min Young, Na Inwoo, Lee Yi Kyung, Song Ha Yoon, and Lee Gi-kwang. Directed by Park Won-guk, “Marry My Husband” is now available on Prime Video in the Philippines and more than 240 countries and territories worldwide. ...
The Upper Wawa Dam, the second phase of the Wawa Bulk Water Supply, is on course to begin operations by the end of 2025 with its progress currently over 70 percent. The project led by Prime Infra’s WawaJVCo Inc. will provide a water capacity of over 700 million liters per day (MLD) and benefit...
