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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Dry spell escalates agri losses to P8.57 billion 

Rising temperatures and widespread dry spells caused by the ongoing El Niño have pushed initial agricultural losses in the Philippines to P8.57 billion, marking a nearly 25 percent increase from the P6.87 billion reported late last month.

EU, Philippines launch AI lab to draw investment, boost industry 

The European Union and the Philippines are setting up a joint artificial intelligence (AI) industry laboratory to help businesses adopt emerging technologies, improve productivity and attract investment, with micro, small and medium enterprises (MSMEs) among the intended beneficiaries.

Digital remittance study highlights evolving cross-border payment trends in PH 

Filipinos are adopting faster, digital-first methods to move money across borders, relying heavily on mobile wallets and bank transfers to support daily household needs while demonstrating an appetite for emerging digital currencies like stablecoins.

Rising debt, slower growth weigh on Philippine risk outlook

The Philippines’ business and investment outlook is deteriorating as rising public debt, slowing economic growth and weakening foreign investment inflows intensify fiscal and economic pressures, according to a new assessment by WR Advisory Group.

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