Tag: SM Prime

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SM Prime eyes completing Manila Bay land reclamation in 2025

Property Context.ph Context.ph -
SM Prime Holdings Inc., the property development arm of the Sy family’s business empire, announced it will complete the land reclamation portion of its 360-hectare Manila Bay project by the end of 2024, marking a major milestone in one of the country’s most ambitious urban infrastructure projects.

SM Leisure offers Pico Terraces as permanent address

Property Context.ph Context.ph -
SM Leisure Resort Residences, a subsidiary of listed property developer SM Prime Holdings Inc., is reintroducing its expansive Hamilo Coast in Batangas—not just as a weekend escape, but as a permanent address—with the launch of Pico Terraces, a mid-rise residential enclave nestled within 2.3 hectares of prime seaside real estate.

SM Investments, SM Prime eyes funding via bond sale

Corporate Context.ph Context.ph -
SM Investments Corp. and its property development arm SM Prime Holdings Inc. are looking to the European bond market to raise funds to bankroll continued expansion and sustain growth.
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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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