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.
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 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 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.
The Philippines’ total rice inventory at the start of August was estimated at 2.32 million metric tons, up 25 percent compared to the 1.86 million metric tons recorded in the same period last year, according to the Philippine Statistics Authority (PSA).
Headline inflation accelerated in August, climbing to 1.5 percent from 0.9 percent in July, as food prices—particularly for fish and vegetables—rose amid supply bottlenecks caused by a series of storms and widespread flooding, the Philippine Statistics Authority (PSA) reported on Friday.
Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona, Jr. has earned an “A-” rating in Global Finance magazine’s Central Banker Report Cards 2025, marking his second consecutive recognition as one of the world’s best central bank governors.
The Jollibee Group Foundation (JGF), the social development arm of the Jollibee Group, recently convened local implementing partners of its Farmer Entrepreneurship Program (FEP) for a three-day capacity-building workshop aimed at strengthening support for farmer groups.