Tag: SM Prime

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SM revamps Iloilo hub, spening P2.3B in mall makeover

SM Prime Holdings Inc., the property development arm of the Sy Group, is accelerating its push to future-proof its malls, confirming it will complete the P2.3-billion redevelopment of SM City Iloilo by the first quarter of 2026—a transformation aimed at cementing the property’s role as Western Visayas’ premier lifestyle and commercial hub.

SM adds shopping spark to La Union’s surf town

SM Prime Holdings Inc. is adding to La Union’s surf and sunset charm with the opening of SM City La Union on Friday, October 17—a new lifestyle and shopping destination in the heart of one of Northern Luzon’s top tourism draws.

SM Prime named as one of Asia’s top developers—for 11th year running

SM Prime Holdings, Inc. has once again secured its place among Asia’s leading real estate developers, landing on the Hubexo Asia Top 10 Developers list for the 11th consecutive year.

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.

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CLI 1Q profit drops 22%

Cebu Landmasters Inc. reported a 22 percent drop in net income in the first quarter, falling to P1.02 billion from P1.32 billion a year earlier.

F&B investors still eye PH expansion despite political, global risks

Foreign food and beverage (F&B) investors remain interested in expanding operations in the Philippines despite political uncertainties and global supply concerns, according to Food Industry Asia (FIA).

Luzon, Visayas grids stay under red and yellow alerts for second day

The Luzon and Visayas power grids remained under red and yellow alerts on Thursday as electricity demand continued to exceed available supply due to power plant outages and extreme heat-driven consumption.

Vivant Q1 profit holds firm amid expansion push

Vivant Corp. kept first-quarter core earnings largely steady as resilient on-grid power assets and a growing water business helped offset weaker performance from its off-grid operations.

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