Tag: SM Prime

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SM Hotels investing P5.3B in 5-year MICE expansion

Corporate Context.ph Context.ph -
SM Hotels and Convention Corp. (SMHCC), the hospitality arm of SM Prime Holdings Inc., is investing P5.3 billion over the next five years to...

SM Hotels eyes strong growth with 7 hotels

Property Context.ph Context.ph -
SM Hotels and Convention Corp., the hospitality arm of SM Prime Holdings Inc., is set to significantly expand its national footprint, unveiling plans to launch seven new hotels by the end of 2029. This aggressive five-year expansion will increase its hotel count from 10 to 17 and raise room capacity by 51 percent, to 3,923 from 2,602 rooms.

SM Prime to expand MICE footprint with P1.7B SMXCITE

Corporate Context.ph Context.ph -
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.

SM Prime expands EV charging network

Energy & Mining Context.ph Context.ph -
SM Prime Holdings Inc., one of Southeast Asia’s largest integrated property developers, is accelerating its push toward sustainable mobility, having installed 131 electric vehicle (EV) charging stations across its nationwide portfolio as of the first quarter. 

SM Prime to invest ₱500B over five years

Corporate Context.ph Context.ph -
SM Prime Holdings Inc. is committing ₱500 billion in capital spending over the next five years to significantly expand and upgrade its real estate assets in a bid to fuel long-term growth and support regional development.
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Dry spell escalates agri losses to P8.57 billion 

Agriculture 0
Rising temperatures and widespread dry spells caused by the ongoing El Niño have pushed initial agricultural losses in the Philippines to P8.57 billion, marking a nearly 25 percent increase from the P6.87 billion reported late last month.

EU, Philippines launch AI lab to draw investment, boost industry 

Communications & Technology 0
The European Union and the Philippines are setting up a joint artificial intelligence (AI) industry laboratory to help businesses adopt emerging technologies, improve productivity and attract investment, with micro, small and medium enterprises (MSMEs) among the intended beneficiaries.

Digital remittance study highlights evolving cross-border payment trends in PH 

Banking & Insurance 0
Filipinos are adopting faster, digital-first methods to move money across borders, relying heavily on mobile wallets and bank transfers to support daily household needs while demonstrating an appetite for emerging digital currencies like stablecoins.

Rising debt, slower growth weigh on Philippine risk outlook

Economy 0
The Philippines’ business and investment outlook is deteriorating as rising public debt, slowing economic growth and weakening foreign investment inflows intensify fiscal and economic pressures, according to a new assessment by WR Advisory Group.

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