SM Hotels and Convention Corporation (SMHCC), the hospitality arm of SM Prime Holdings Inc., is investing ₱5.3 billion to ramp up its MICE footprint over the next five years, starting with two major developments in Cebu and Pasay. In a disclosure to the Philippine Stock Exchange, the firm stated...
The consumer sector continues to show signs of post-pandemic growth with SM Prime Holdings Inc. (SM Prime), one of Southeast Asia’s largest integrated property developers, reporting a 15 percent increase in first-quarter foot traffic at its flagship Mall of Asia (MOA) Complex. The firm said that...
SM Hotels and Convention Corp. (SMHCC), the hospitality arm of SM Prime Holdings Inc. (SM Prime), is expanding nationwide with the addition of seven new hotels by the end of 2029. SM Prime said the move will increase the SM property group’s hotel count from 10 to 17 and boost total room inventory...
The SM Group has cemented its status as a regional powerhouse, amassing an impressive 42 award points at the prestigious Asia Pacific Stevies that propelled the conglomerate to win the coveted title of "Most Honored Organization of the Year," with SM Supermalls leading the charge by clinching 12...
In a country like the Philippines, where typhoons, earthquakes, and other natural calamities are part of the norm, resilience is not just a necessity but a way of life. Ranked consistently high in the World Risk Index due to its location along the Pacific Ring of Fire and the typhoon belt, the...
SM Prime Holdings, Inc. (SM Prime), one of Southeast Asia’s largest integrated property developers, is considering the construction of a hotel in Laoag City to complement the mall it will be opening on May 30, 2025. In a disclosure to the Philippine Stock Exchange, the firm said it is opening SM...
Ayala Land Inc., Megaworld Corp., Robinsons Land Corp., and SM Prime Holdings Inc., the Philippines’ top four property developers, are set to accelerate their premium residential projects over the next one to two years, in a bid to cushion the impact of slowing demand in the mass housing segment....
Sy-led SM Prime Holdings, Inc., one of Southeast Asia’s largest integrated property developers, is investing ₱1.7 billion for the construction of SMX Center for International Trade and Exhibitions (SMXCITE) — a large-scale venue rising within the SM Mall of Asia (MOA) Complex. The firm said...
Sy-led SM Prime Holdings, Inc. (SM Prime), one of Southeast Asia’s largest integrated property developers, is planning to increase the number of electric vehicle (EV) charging stations installed across its nationwide portfolio as it accelerates its push for sustainable mobility. The firm said it...
SM Supermalls, in partnership with Jobstreet by SEEK, facilitated the immediate hiring of 2,091 applicants during its nationwide Labor Day 2025 job fair held across 20 malls. The event drew 14,864 job seekers and was supported by government agencies such as the Social Security System (SSS),...
SM Investments Corporation, the flagship of the Sy family, posted a nine percent growth in consolidated net income to ₱20.1 billion in the first quarter of 2025 from ₱18.4 billion in the same period last year, as rising consumer confidence translated to higher revenues. The firm said its...
Amid concerns of a cooling Chinese economy, SM Prime Holdings Inc., one of Southeast Asia’s largest integrated property developers, remains upbeat about its businesses in China, where it has also ventured into the office leasing business in addition to malls. “In China, there is nothing to...
