Tag: SM Prime

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SM Cebu Arena seen driving property growth

SM Prime Holdings Inc. expects the SM Seaside Cebu Arena to replicate the growth impact of the Mall of Asia Arena, using the new venue to drive foot traffic, spending, and activity across its Cebu property portfolio.

SM Prime targets steady profit as housing demand cools 

SM Prime Holdings Inc. is aiming to match last year’s profit as resilient malls, offices, hotels, and other recurring businesses help cushion continued caution in the residential property market.

SM Prime racks up accessibility awards as inclusive design gains prominence

SM Prime Holdings Inc. strengthened its position as one of the country's leading advocates of accessible infrastructure after receiving 14 distinctions at the 31st Apolinario Mabini Awards, reflecting the growing importance of inclusive design in Philippine real estate.

SM Offices expands in QC with new PEZA Tower

SM Offices is doubling down on Quezon City's emergence as a major business hub with the construction of North Tower 3, a 22-storey office building that will add about 31,000 square meters of PEZA-accredited office space to the SM North EDSA Complex.

SM Prime’s Pico Terraces gains buyer momentum

SM Leisure Resort Residences (SM LRR), a unit of SM Prime Holdings Inc., is on track to complete and turn over Balea Suites, the second residential tower at Pico Terraces within the Hamilo Coast estate in Batangas, by the fourth quarter of 2027, as demand for resort-style secondary homes continues to gain traction among affluent buyers.

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BSP keeps 3% credit card interest cap, raises installment and cash advance fee limits 

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 expands events business with Conrad Manila rooftop venue

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 gets NYSE warning over delayed 2024, 2025 filings

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 tops Asian research awards, bank cites expertise

Metrobank Chief Economist Nicholas Mapa has been named the top analyst at The Asset Benchmark Research Awards, clinching the Best Individual Sellside Research title.

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