Tag: SM Prime

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SM Prime to launch massive Cebu Arena in June

Cebu is set to become a major hub for world-class entertainment as SM Prime Holdings, Inc. (SM Prime) prepares to open the SM Seaside Cebu Arena next month. The venue, the company’s second arena in the Philippines, is designed to host concerts, sports events, and large-scale gatherings.

SM Prime revamps Susana Heights Estate with amenities

SM Prime Holdings Inc., the property development arm of the Sy Group, is stepping up its push into the premium residential segment with a phased transformation of Susana Heights Village, signaling continued confidence in demand for low-density, high-value suburban estates despite a softer macroeconomic backdrop.

SM Prime eyes up to P18B from new bonds

SM Prime Holdings, Inc., the listed property arm of the Sy Group, is seeking clearance from the Securities and Exchange Commission to raise up to P18 billion through fixed-rate bonds, including P6 billion from oversubscription.

Shopping malls’ resilience to anchor SM Prime growth

SM Prime Holdings Inc., the property development arm of the Sy Group, is counting on its shopping mall segment to remain the cornerstone of growth, as strong occupancy rates and resilient consumer activity continue to drive stable recurring income.

SM Offices expands warehousing, eyes logistics upside

SM Offices, the commercial property arm of SM Prime Holdings Inc., is ramping up its logistics footprint as it positions warehousing as a key growth driver within its Commercial Properties Group (CPG) portfolio.

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Middle East conflicts force another weekly spike in local fuel prices

Filipino motorists face yet another round of pump price increases this coming Tuesday, underscoring the ongoing volatility of domestic fuel costs driven by compounding international crises. According to Jetti Petroleum president Leo Bellas, gasoline prices are projected to rise between P1 and P1.50 per liter, while diesel prices could jump by P1.75 to P2.25 per liter. This upcoming price hike follows the previous week’s substantial surge of P2.49 per liter for gasoline, P3.84 for diesel, and P5.01 for kerosene, highlighting how rapidly fuel rates are creeping higher almost every single week.

Agri damage from habagat, 3 storms hits ₱1.79B

Damage to the agriculture sector from the southwest monsoon (habagat) enhanced by Tropical Cyclones Luis, Maymay, and Neneng has risen to ₱1.79 billion, the Department of Agriculture (DA) reported in its 10 a.m. advisory on August 22.

Batang Gilas runs out of gas, settles for eighth

Batang Gilas Pilipinas started with a spark but finished with the wrong kind of déjà vu.

DA escalates nationwide crackdown on counterfeit farm inputs to protect farmers, safeguard food security

The Department of Agriculture (DA) has launched a stricter, nationwide campaign against counterfeit, unregistered, adulterated, and illegally produced farm inputs, moving to shield farmers from financial and livelihood losses while ensuring fair competition for legitimate industry players.

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