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SSI still bullish on retail

12h bworldonline
SSI GROUP, Inc. remains bullish on the country’s retail sector amid rising concerns the booming e-commerce industry would dampen the growth of traditional brick-and-mortar stores. (6-0)

SE Asia stocks upbeat, Philippines scales fresh peak

2017-10-13 themalaymailonline
The Philippine index, which has had a record-setting streak this week, rose as much as 0.5 per cent to an all-time high. — Reuters pic SINGAPORE, Oct 13 — South-east Asian stock markets rose toiday, drawing confidence from upbeat global investor sentiment, with the Philippines hitting a fresh high and Singapore underpinned by data showing faster-than-expected quarterly economic growth. (11-0)

SM opens 1st mall in Cagayan Valley

2017-10-10 bworldonline
SM PRIME Holdings, Inc. is set to open its first mall in the Cagayan Valley region on Thursday, completing its target of adding five shopping malls to its portfolio for 2017. (11-0)

SM opens mall in Tuguegarao

Property giant SM Prime Holdings Inc. is opening a new shopping mall in Cagayan’s capital city of Tuguegarao, expanding its nationwide footprint as this marks its 65th domestic retail hub. (6-0)

SM considers ‘clicks-to-bricks’ strategy to stay competitive

2017-10-09 bworldonline
SM PRIME Holdings, Inc. is looking to adopt a “clicks-to-bricks” strategy by the end of the year, as the country’s largest mall operator tries to get a piece of the growing e-commerce market. (6-0)

Conrad Manila bags LEED Gold

2017-10-04 philstar
MANILA, Philippines — SM Prime Holding Inc. has proven yet again its commitment towards sustainability as the iconic Conrad Manila building, housing the internationally-awarded Conrad Manila as well as the upscale lifestyle destination S Maison, was recently conferred  the Leadership for Energy and Environmental Design (LEED) Gold Certification. (6-0)

Will the stock market hit 9,000?

If history is any guide, the current surge in the stock market, which recently breached the 8,000 level, may likely be sustained in the next few months, until probably by year-end. (12-1)

LRT-MRT common station breaks ground

2017-09-29 philstar
MANILA, Philippines - The government broke ground yesterday on a common station which will interconnect lines 1 and 2 of the Light Rail Transit, Metro Rail Transit line 3 and the soon to be built MRT line 7 and the Mega Manila Subway. (35-2)

DOTr breaks ground on common station

2017-09-29 philstar
MANILA, Philippines — The Department of Transportation on Friday led the groundbreaking for a common station to provide seamless transfer of passengers from one railway line to another as well as a convenient walk for platform transfers. (25-0)

Philippines Interest Rate Unchanged: ETFs in Focus

2017-09-25 zacks
The Philippines central bank left its benchmark interest rate intact at 3%, in line with market expectations. The premier banking authority expects inflation to average 3.2% this year and the next, which is within their target band of 2-4%. (29-0)

SMDC marks 10th year: A decade of building homes for Filipinos

2017-09-17 philstar
MANILA, Philippines — Henry Sy has business shoes to his name, a legacy that transformed in years that has even passed on to his son who is making a mark on his own. Providing dream homes to every Filipino must be SM Prime Holdings Inc. chairman Henry Sy Jr.’s legacy on his own. His SM Development Corp. (SMDC) certainly has set the trend for urban vertical living amid the country’s need to address over 5. (6-0)

South-east Asian stocks fall, N. Korea missile test sours sentiment

2017-09-15 themalaymailonline
Philippine shares decline 0.3 per cent, retreating from a record closing high. —AFP picSINGAPORE, Sept 15 — Most South-east Asian stock markets edged down today, in line with broader Asia, as North Korea's latest missile launch caused a mild flutter among investors.

SM opens 64th mall in Palawan

2017-09-13 philstar
MANILA, Philippines — SM Prime Holdings Inc. has expanded its retail space to 7.9 million square meters following the expansion of its footprint in the provinces, particularly in Palawan, the largest province in the country.

SM’s resort-style mall set to open in Palawan

2017-09-13 bworldonline
SM PRIME Holdings, Inc. is set to open a shopping mall in Palawan on Friday, its 64th in the country and adding a total of 54,000 square meters (sq.m.) in gross floor area to its retail portfolio. 

SM opening mall in Puerto Princesa

Property giant SM Prime Holdings Inc. has gained a foothold in Palawan with the opening of a new shopping complex in the coastal city of Puerto Princesa, marking the 64th in its chain of shopping malls.

SE Asia stocks rise on bargain hunting as US-Korea tensions ease

2017-08-14 themalaymailonline
An electronic board shows the Korea Composite Stock Price Index (KOSPI) at a bank in Seoul June 27, 2013. — Reuters picSINGAPORE, Aug 14 — South-east Asian stock markets closed higher today as investors picked up beaten down shares, looking past tensions between the United States and North Korea.

SM nets P16.6B

The country’s largest conglomerate SM Investments Corp. grew its six-month net profit by 9 percent year-on-year to P16.6 billion led by higher earnings form its property and retail businesses.

Life-sized replica of 18th-century galleon to be built

What better way to mark the 50th anniversary of the Association of Southeast Asian Nations (Asean) than to unveil an initiative that will see the rise of a life-sized replica of an ancient galleon that established the centuries-old ties between the neighboring countries.

SM Prime earns 15% more

2017-08-07 philstar
MANILA, Philippines - SM Prime Holdings Inc. recorded a 15 percent growth in net income to P7.7 billion during the second quarter, bringing total earnings to P14.39 billion as of the end of June.

SM Prime nets P14.4B

SM Prime chair Henry Sy Jr., president Jeffrey Lim and director Hans Sy at the property firm’s stockholders meeting on April 25, 2017

S-E Asia stocks mostly up ahead of US non-farm payroll data

2017-08-04 themalaymailonline
The Philippine Stock Exchange PSEI Index rose as much as 1.1 per cent and was headed for a second straight session of gains. — Reuters picSINGAPORE, Aug 4 — Most South-east Asian stock markets edged up today ahead of US non-farm payroll data for July, with Philippine shares leading the rise on the back of gains in Energy Development Corp and its parent company, First Gen Corp.

Philippines rebounds from two-day fall, others in S-E Asia rangebound

2017-08-02 themalaymailonline
Financial, consumer and property stocks led gains in Philippine shares which climb 1 per cent. — Reuters picMANILA, Aug 2 — Philippine shares rose 1.5 per cent today, recovering from two consecutive sessions of fall, while other South-east Asian markets were rangebound as investors digested the recent slew of economic data.

SM Prime earmarks 10% capex for disaster risk reduction plan

2017-07-28 philstar
MANILA, Philippines -  SM Prime Holdings Inc. is setting aside 10 percent of its capital expenditure for disaster risk reduction to minimize its vulnerability to disasters.

Profit-taking pulls down PH stocks

The benchmark Philippine Stock Exchange index (PSEi) yesterday succumbed to profit taking after a three-day rally.

Asean markets up ahead of corporate results

SINGAPORE: Most Southeast Asian stock markets rose on Wednesday, in line with Asia, as investors shrugged off concerns about an immediate interest rate hike by the US Federal Reserve and turmoils at the White House to focus on upcoming corporate results.     Asian shares rose as optimism on China's economy underpinned stocks and commodities, and as investors bet any further tightening in the United States would be slow at best.