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 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 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 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.
Agriculture Secretary Francisco P. Tiu Laurel Jr. on Monday expressed strong support for the proposed P2-billion Abra de Ilog Deep Water Port, saying it could lower food prices by reducing transport costs and easing farm-to-market bottlenecks.
The Government Service Insurance System (GSIS) has released ₱81.34 million in fire insurance claims to the City Government of Manila for losses caused by the Pritil Market fire in Tondo.