Rappler's latest stories on SM Prime Holdings Incorporated
Ombudsman orders 6-month suspension of Olongapo mayor, city officials
The complaint against Olongapo Mayor Rolen Paulino, Vice Mayor Aquilino Cortez Jr, and members of the city council stems from the city government's approval of the long-term lease of government land to SM Prime Holdings Incorporated
SM City Urdaneta Central opens in Pangasinan on May 4
It is SM Prime's second mall in Pangasinan, and the second of 5 provincial malls that the real estate firm is opening in 2018
Henry Sy Jr retires early from NGCP
The son of the country's richest man leaves the National Grid Corporation of the Philippines 'to focus on his real estate business'
SM Center Imus set to open in Cavite
The 13,000-square-meter mall is SM Prime's 6th in Cavite and will open its doors on Friday, February 16
SM Center Pulilan set to open in Bulacan on December 1
It will be SM Prime's 4th mall in Bulacan and its 66th in the Philippines
SM Prime income surges 16% on steady mall rental, residential sales
SM Prime attributes revenue growth to higher rental revenues, steady improvement in same-mall-sales, and higher contribution from residential sales
SM to open mall in Tuguegarao on October 12
SM Center Tuguegarao Downtown will be SM's 2nd mall in the Cagayan Valley region
After a decade, construction of MRT-LRT Common Station to begin in September
The coveted project has seen 3 transportation secretaries come and go. Finally, the construction will start on September 29.
SM Prime to open mall in Puerto Princesa, Palawan
Once the mall opens on Friday September 15 it will be competing with Robinsons Place Palawan Chinatown Center Palawan NCCC Mall and LRC 908 Market Mall
Mall operations continue to drive SM Prime's net income
The additional 1 1 million square meters of retail space from new malls as well as expansions between 2015 and 2017 drive growth in SM Prime s mall rentals
SM Cherry Antipolo set to open
SM Cherry Antipolo opening on June 30 is the 63rd SM mall in the Philippines By the end of the year SM City Puerto Princesa will also be opened
20 Philippine companies in Nikkei's top 300 Asian firms list
SM Prime and Universal Robina make it to the top 30 while Bloomberry – the owner of Solaire Resort and Casino – joins the list for the first time
Lack of one-time gain drags SM Prime's 2016 profit
SMPHI says its bottomline stood at P23 8 billion for 2016 compared to 2015 s P28 3 billion which included a P7 4 billion one time trading gain
Senators convinced 'best' location achieved for MRT-LRT common station
But the Senate committee wants someone to be held liable for the P200 million naming rights contract of SM Prime which caused the almost 8 year delay of the project
Vitangcol eyes charges vs DOTr execs over MRT-LRT common station
Former MRT3 chief Al Vitangcol III claims transportation officials violated the procurement law when they allowed a compromise deal on the common station
Commercial operations for MRT-LRT Common Station eyed in April 2019
Rarely seen together the country s top businessmen come to agree on the final location of the Metro Rail Transit MRT Light Rail Transit LRT Common Station project
MRT-LRT common station to be done in 2.5 years – DOTr
Transportation Secretary Arthur Tugade says the signing of the compromise agreement on the common station is expected before 2016 ends
Deal reached: LRT-MRT common station between SM North, TriNoma
A memorandum of understanding is set to be signed on Wednesday September 28
SM Prime to open 7 new malls in 2017
By end of 2017 SM Prime will have 67 malls nationwide
Upbeat retail, real estate lift SM Prime's profit
Both mall operations and residential projects of the Sy family post higher revenues in the first half of the year
Hans Sy retiring as SM Prime president
But Sy will remain highly involved in the company s overall strategic direction as chairman of SMPHI s Executive Committee and member of the board
Failed bidding: No takers for Laguna Lakeshore Expressway Dike
3rd UPDATE Team Trident San Miguel and Malaysia s Alloy MTD do not submit offers for the country s most complicated public private partnership deal to date
SM to build community theaters in remote areas
The community theater will be branded as Blink Cinema SM Lifestyle Entertainment says
After a year, LRT-MRT common station problem still unsolved
A compromise agreement between all stakeholders has yet to be signed
SM sustains growth by building more malls
By the end of 2015 SM Prime will have 56 malls in the Philippines and 6 malls in China with an estimated combined gross floor area of 8 3 million square meters
SM Prime, Ayala Land to develop joint master plan for Cebu property
The joint master plan for the 26 hectare South Road Properties SRP in Cebu which will include residential condominiums is expected to be done by year end
SM Prime sets P20-B annual budget for China expansion
SM eyes to put more shopping malls landbanking activities and residential projects in the 2nd largest economy in the world
ILP rules amended to include more participants
The Energy Regulatory Commission approves the governing rules to include non captive Meralco customers willing to volunteer for the Interruptible Load Program
'Super consortium' clear to bid for Laguna expressway dike project
Team Trident of Aboitiz Ayala Land Megaworld and SM Prime is one of 3 groups to clear the pre bid stage of the P123 B PPP project
Meralco lists 80 ILP participants to plug power shortage
If successful the overall committed interruptible load for summer could reach 1 034 93MW exceeding the initial target for power reserves
Holding firm of PH's richest man nets P28.4B in 2014
Henry Sy’s holding firm is up 3 6 on strong performance of its banking real estate and retail units
‘Super consortium’ pre-bid for Laguna expressway dike project
Aboitiz Ayala Megaworld and SM form a consortium and submit pre bid qualification documents for the P123 B PPP project
