Tag: SM Prime

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SM Leisure to soon deliver Horizon Terraces villas, condos

SM Leisure Resort Residences, a unit of property developer SM Prime Holdings, is set to complete Horizon Terraces within Tagaytay Highlands, with Scottsdale Villas scheduled for turnover in December 2025 and Redstone Condominiums in March 2026.

SM Prime plans USD Bond offer

SM Prime Holdings Inc., the listed property development arm of the SM Group,has tapped major global and domestic banks to arrange a series of fixed-income investor calls across Asia and Europe starting September 8, one of the initial steps to prepare for a potential USD-denominated, benchmark-sized Regulation S offering of 5-year senior notes.

SMIC sees shares as undervalued amid growth prospects

SM Investments Corp. (SMIC), the flagship investment holding firm of the Henry Sy Group, believes its shares are “significantly undervalued” considering the company’s strong financial performance and long-term growth potential.

SM Hotels to open P1.5B Radisson Sta. Rosa hotel

SM Hotels and Conventions Corp., the hospitality arm of SM Prime Holdings Inc., is expanding its regional presence with the opening of Park Inn by Radisson Sta. Rosa by the first quarter of 2029.

SM Prime unveils P7B Megamall redevelopment plan

SM Prime Holdings Inc., the real estate development arm of the Sy Group, is investing P7 billion to transform SM Megamall, one of the Philippines’ most iconic shopping destinations, into a next-generation lifestyle hub, with phased completion slated between 2027 and 2029.

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DTI warns vs hoarding, profiteering amid crisis

The Department of Trade and Industry (DTI) on Saturday warned retailers against hoarding essential goods and engaging in profiteering, saying such illegal practices will not be tolerated as global tensions threaten to drive up oil prices and logistics costs.

DA rolls out P65M interventions for Albay farmers, fisherfolk

The Department of Agriculture (DA) launched a major regional development initiative on Thursday, with Secretary Francisco P. Tiu Laurel Jr. personally overseeing the distribution of over P65 million in agricultural interventions to local farmers and fisherfolk in this town widely recognized as the “rice granary of Albay.”

Philippines halts poultry importation from Indiana amid bird flu

The Department of Agriculture has imposed a temporary ban on the importation of domestic and wild birds—and their products—from Indiana following confirmed outbreaks of the highly pathogenic H5N1 avian influenza strain.

BSP wins global award for managing foreign currency reserves

The Bangko Sentral ng Pilipinas (BSP) has received the 2026 “Reserve Manager” award from Central Banking, recognizing the Philippine central bank’s improvements in handling the country’s foreign currency reserves.

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