Tag: SM Prime

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Calmer shores, bigger vision for SM Prime’s P3B eco-luxury living

SM Prime Holdings Inc., the property arm of the SM Group, is pushing deeper into high-end leisure tourism with a P3-billion investment in M Village, an eco-resort community rising within Hamilo Coast’s Marina Estates in Nasugbu, Batangas.

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.

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Meralco launches bidding for 600 MW baseload power supply

The Manila Electric Company (Meralco) has kicked off the Competitive Selection Process (CSP) to secure 600 megawatts (MW) of baseload capacity, aiming to guarantee sufficient and reliable power supply for its customers. The move follows the Department of Energy’s (DOE) issuance of a Certificate of Conformity after more than a year of review, and forms part of Meralco’s latest DOE-approved Power Supply Procurement Plan.

BDO advances financial empowerment for OFWs amid Migrant Workers’ Day observance

Leading Philippine financial institution BDO Unibank, together with its digital remittance partner Xoom, has extended support to overseas Filipino workers (OFWs) as the country commemorates Migrant Workers’ Day.

LGUs to receive record ₱1.19T funding

Local government units (LGUs) across the Philippines are set to receive a record P1.19 trillion in National Tax Allotments (NTA) in 2027, marking a P129.32-billion increase from the previous year and significantly boosting fiscal capacity for provinces, cities, municipalities, and barangays.

PhilWeb secures AI push via Gokongwei deal 

PhilWeb Corp. has secured a P2.02-billion strategic equity investment from businessman Lance Y. Gokongwei, marking a major capital boost that will accelerate its shift toward becoming an artificial intelligence-enabled technology infrastructure provider for the regulated digital entertainment sector.

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