SM Prime Holdings Inc., the real estate development arm of the Sy Group, is investing P7 billion to transform SM Megamall, one of the Philippines’ most iconic shopping destinations, into a next-generation lifestyle hub, with phased completion slated between 2027 and 2029.
Highlands Prime Inc., a subsidiary of SM Prime Holdings, is picking up pace as it readies the turnover of Trealva at Midlands West—a breezy, highland-chic development slated for completion in the second quarter of 2026.
It was a proud moment for the Philippines on June 27 in Hong Kong, as SM Prime Holdings, Inc. walked away with six major honors at the 15th Asian Excellence Awards—a celebration of the best-run companies across Asia.
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.
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.