A P3.3-billion SMX Convention Center, billed as the largest in the Philippines, will rise in Cebu by the third quarter of 2026, cementing the city’s position as a premier hub for meetings, incentives, conferences, and exhibitions (MICE).
Property giant Megaworld is making its first foray into the MICE (Meetings, Incentives, Conferences, and Exhibitions) sector with the opening of Mactan Expo, a standalone convention center within its 30-hectare The Mactan Newtown township in Lapu-Lapu City, Cebu.
SM Hotels and Conventions Corp. (SMHCC), the hospitality arm of SM Prime Holdings Inc., is ramping up its nationwide MICE—meetings, incentives, conventions and events--footprint with the upcoming SMX Convention Center Seaside Cebu, set to open in the fourth quarter of 2026.
SM Prime Holdings, Inc., one of Southeast Asia’s leading integrated property developers, is expanding its Meetings, Incentives, Conferences, and Exhibitions (MICE) footprint with the launch of the SMX Center for International Trade and Exhibitions (SMXCITE)—a P1.7 billion investment that is expected to elevate Manila’s status as a regional trade event hub.
The Bangko Sentral ng Pilipinas (BSP) has maintained the 3.0-percent monthly ceiling on finance charges for unpaid credit card balances while raising the limits on installment add-on rates and cash advance processing fees.
SM Hotels and Convention Centers (SMHCC) is adding a premium rooftop events venue at Conrad Manila, broadening its offerings for private celebrations and corporate gatherings as it builds out the Mall of Asia Complex as a destination for meetings and events.
PLDT Inc. has until February 13, 2027, to submit its delayed 2024 and 2025 annual financial reports to avoid possible suspension and delisting proceedings on the New York Stock Exchange (NYSE), following the withdrawal of its external auditor’s opinions on the two sets of financial statements.
Metrobank Chief Economist Nicholas Mapa has been named the top analyst at The Asset Benchmark Research Awards, clinching the Best Individual Sellside Research title.