Tag: SM Prime

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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.

Highlands Prime’s Trealva: A fresh take on mountain living

Highlands Prime Inc., a subsidiary of SM Prime Holdings, is picking up pace as it readies the turnover of Trealva at Midlands West—a breezy, highland-chic development slated for completion in the second quarter of 2026. 

SM Prime wins big in Asian Excellence Awards 

It was a proud moment for the Philippines on June 27 in Hong Kong, as SM Prime Holdings, Inc. walked away with six major honors at the 15th Asian Excellence Awards—a celebration of the best-run companies across Asia. 

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Ayala holds earnings, trims capex amid uncertainty  

Diversified investment holding company Ayala Corp. is reassessing its capital expenditure program for the year as global macroeconomic volatility forces a more cautious investment stance, though the conglomerate is keeping its earnings targets unchanged for now, according to president and CEO Cezar P. Consing.

DA prepares for possible strong El Niño in late 2026

The Department of Agriculture (DA) is preparing for a possible moderate to strong El Niño later in 2026, warning it could reduce farm output, cut farmers’ incomes, and slow economic growth.

ACMobility seen turning profit in 2027

ACMobility, Ayala Corp’s mobility arm, is on track for a financial turnaround after narrowing losses in 2025, with management expecting the business to reach profitability in 2026 as its electric vehicle push gains scale.

DENR to issue 660 land titles for public schools in 2026

The Department of Environment and Natural Resources (DENR) will roll out 660 land titles for public school sites this year, giving schools permanent ownership of the land they occupy.

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