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SM Prime plans P20B new bond offer

Property giant SM Prime Holdings is raising as much as P20 billion to expand its real estate empire by offering a new tranche of long term bonds to retail investors. (11-0)

SM Prime plans P20-B retail bond offer

2018-01-15 beta.philstar
MANILA, Philippines — Integrated property firm SM Prime Holdings Inc. plans to raise as much as  P20 billion from the offering of retail bonds. (6-0)

SM to issue up to P20B in fixed-rate bonds

2018-01-15 bworldonline
SM PRIME Holdings, Inc. said on Monday it filed an application with the Securities and Exchange Commission (SEC) for a permit to sell up to P20 billion in fixed-rate retail bonds. (6-0)

Jury still out on whether TRAIN will spur household consumption

2018-01-15 bworldonline
AS CONSUMERS take on the burden of higher sales taxes, there is lingering uncertainty over the impact of the tax reform program on consumption — a key growth engine of the economy. (6-0)

SM developing more malls in provinces

2018-01-14 bworldonline
SM Prime Holdings, Inc. is on track to achieve its five-year road map that targets to double revenues and profits by 2018, supported by its aggressive mall and residential expansion. (6-0)

PSEI ends flat on Friday trading lull

The benchmark Philippine Stock Exchange index (PSEi) ended the week relatively flat, higher by only 0.02 percent, or 1.37 points, to 8,814.62 on Friday’s close. The broader all-shares index was down 0.05 percent, or 2.66 points, to 5,098.75. (35-0)

Henry Sy, Jr. forays into cement business

2018-01-11 bworldonline
COMPETITION in the cement industry is heating up with the entry of a start-up backed by the son of the country’s richest man Henry T. Sy, Sr., promising a revolutionary manufacturing process that will produce the world’s “strongest and greenest” cement. (34-0)

SE Asia Stocks: Philippines off record highs, Indonesia flat

2018-01-10 themalaymailonline
A pedestrian looks at an electronic board displaying various countries' stock market indices outside a brokerage in Tokyo. — Reuters picMANILA, Jan 10 — Most Southeast Asian stock markets took a breather this morning, in line with Asian peers, with the Philippine index retreating from a record high on profit-booking. (10-0)

SM-Goldilocks deal gets PCC go-signal

2018-01-09 bworldonline
SM RETAIL, Inc. secured the green light from the Philippine Competition Commission (PCC) to acquire Goldilocks Bakeshop, Inc. after the SM Group committed to resolve possible issues on tenant discrimination and data protection. (11-0)

Market optimism to continue this week

2018-01-08 beta.philstar
MANILA, Philippines — The Philippine stock market was off to a strong start at the opening of trading last week, which may be an indicator of things to come this year. (11-0)

Most SE Asia stocks rise; Philippines surges to record

2018-01-03 themalaymailonline
Philippine shares climbed 1.3 per cent to an all-time high, with industrials and financials leading the gainers. — Reuters picBENGALURU, Jan 3 — Most Southeast Asian stock markets rose today, tracking gains across Asia, with the Philippines rising more than 1 per cent to a fresh record on its first trading day of the year. (16-0)

YearEnder: Stocks end 2017 on high note

2017-12-31 philstar
MANILA, Philippines — It was a good year for the Philippine stock market, so good that some said it was an exceptionally good year. (11-0)

PSEi closes at new all-time high, peso strongest in 6 months

2017-12-28 philstar
MANILA, Philippines — With one trading day to go for 2017, local shares finished at a new-all time high and settled above the 8,500 resistance level Thursday. (16-0)

Seven years of hope

Christmas is our favorite season. No other country in the world does it grander and longer than we do,” SM City Cebu assistant mall manager Michael Ian Manlangit said at the Christmas tree lighting and unveiling of the Christmas Village of Hope, at the Northwing Atrium of SM City Cebu. (6-0)

Philippines recovers on bargain-hunting, Vietnam up 1.5pc

2017-12-18 themalaymailonline
Vietnam shares jump nearly 1.5 per cent with financials and utilities driving the surge. — File picSINGAPORE, Dec 18 — Philippine stocks rose 0.5 per cent today as investors hunted for bargains after Friday's sharp fall, while Vietnam shares jumped nearly 1.5 per cent with financials and utilities driving the surge. (11-0)