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Thursday, 13 November 2025, 9:59 am

    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 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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    IBM soar on quantum computing breakthroughs

    Markets 0
    Shares of International Business Machines (IBM) surged to a record high Wednesday after the tech giant unveiled major quantum computing breakthroughs at its Quantum Developer Conference, signaling a leap toward commercial quantum advantage by 2026 and fault-tolerant quantum systems by 2029.

    Repower Energy reports 33% revenue growth, doubles net income in nine months

    Corporate 0
    Local renewable energy developer Repower Energy Development Corp. (REDC) reported a strong financial performance for the first nine months of the year, posting a 33 percent increase in revenues to ₱526.7 million from ₱396.6 million in the same period last year.

    Marcos names Charlito Mendoza as new BIR chief

    Banking & Insurance 0
    President Ferdinand R. Marcos Jr. has appointed Finance Undersecretary Charlito Martin Mendoza as the new commissioner of the Bureau of Internal Revenue (BIR), replacing Romeo Lumagui Jr., who led the agency for three years.

    DMCI Power plans to double coal plant capacity in Palawan

    Energy 0
    DMCI Power Corp. is planning to expand its coal-biomass power plant in Narra, Palawan, doubling its current 15-megawatt (MW) capacity by adding 15 MW.

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    MacroAsia 3Q profit up 9%, eyes strong 4Q

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    MacroAsia Corp., a listed unit of the Lucio Tan Group, reported a 9 percent rise in consolidated net income to up P384.3 million in the third quarter of 2025, powered by higher aviation service volumes, solid catering recovery, and steady water operations.
    Markets

    IBM soar on quantum computing breakthroughs

    0
    Shares of International Business Machines (IBM) surged to a record high Wednesday after the tech giant unveiled major quantum computing breakthroughs at its Quantum Developer Conference, signaling a leap toward commercial quantum advantage by 2026 and fault-tolerant quantum systems by 2029.
    Corporate

    Repower Energy reports 33% revenue growth, doubles net income in nine months

    0
    Local renewable energy developer Repower Energy Development Corp. (REDC) reported a strong financial performance for the first nine months of the year, posting a 33 percent increase in revenues to ₱526.7 million from ₱396.6 million in the same period last year.
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