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 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 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.
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.
Rising temperatures and widespread dry spells caused by the ongoing El Niño have pushed initial agricultural losses in the Philippines to P8.57 billion, marking a nearly 25 percent increase from the P6.87 billion reported late last month.
The European Union and the Philippines are setting up a joint artificial intelligence (AI) industry laboratory to help businesses adopt emerging technologies, improve productivity and attract investment, with micro, small and medium enterprises (MSMEs) among the intended beneficiaries.
Filipinos are adopting faster, digital-first methods to move money across borders, relying heavily on mobile wallets and bank transfers to support daily household needs while demonstrating an appetite for emerging digital currencies like stablecoins.
The Philippines’ business and investment outlook is deteriorating as rising public debt, slowing economic growth and weakening foreign investment inflows intensify fiscal and economic pressures, according to a new assessment by WR Advisory Group.