Tag: SM Prime

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SM Prime to invest ₱500B over five years

SM Prime Holdings Inc. is committing ₱500 billion in capital spending over the next five years to significantly expand and upgrade its real estate assets in a bid to fuel long-term growth and support regional development.

SM Prime eyes completing Manila Bay land reclamation in 2025

SM Prime Holdings Inc., the property development arm of the Sy family’s business empire, announced it will complete the land reclamation portion of its 360-hectare Manila Bay project by the end of 2024, marking a major milestone in one of the country’s most ambitious urban infrastructure projects.

SM Leisure offers Pico Terraces as permanent address

SM Leisure Resort Residences, a subsidiary of listed property developer SM Prime Holdings Inc., is reintroducing its expansive Hamilo Coast in Batangas—not just as a weekend escape, but as a permanent address—with the launch of Pico Terraces, a mid-rise residential enclave nestled within 2.3 hectares of prime seaside real estate.

SM Investments, SM Prime eyes funding via bond sale

SM Investments Corp. and its property development arm SM Prime Holdings Inc. are looking to the European bond market to raise funds to bankroll continued expansion and sustain growth.

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Marcos’ SONA vow on nuclear energy hailed as key milestone for PH power future

President Ferdinand R. Marcos Jr.’s renewed support for nuclear energy during his 2026 State of the Nation Address is the strongest national backing for the power source since the Philippines adopted its nuclear energy roadmap, according to advocacy group Alpas Pinas.

SEC warns public vs fake PondoCash Facebook page

The Securities and Exchange Commission (SEC) has cautioned the public about an unauthorized Facebook page using the name PondoCash.

San Miguel raises P30 billion from record preferred share offering

San Miguel Corp. has raised P30 billion through a follow-on offering of preferred shares, which were listed on the Philippine Stock Exchange (PSE) on Monday.

ABS-CBN denies management handover reports, clarifies investment and financial data 

ABS-CBN Corporation on Monday denied reports claiming its management could be turned over to businessman Manuel V. Pangilinan’s group, stating no such discussions are happening.

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