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Business Malls Management Retail Retailer Shopping

PHILIPPINES: SM Prime Holdings to open its newest mall in Bulacan on Friday, December 1

PHILIPPINES: SM Prime Holdings to open its newest mall in Bulacan on Friday, December 1   Pasay City, Philippines, 2017-Dec-01 — /EPR Retail News/ — SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property companies in Southeast Asia, continues to expand in Northern Luzon as it sets to open its newest mall in Bulacan, SM Center…
December 1, 20170Comments

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Business Financial Malls Management Retail Retailer Shopping

PHILIPPINES: SM reported consolidated net income rose 8% to PHP23.8 billion for the first nine months of 2017

Pasay City, Philippines, 2017-Nov-09 — /EPR Retail News/ — SM Investments Corporation (SM) reported consolidated net income rose 8% to PHP23.8 billion for the first nine months of the year. Recurring net income, net of one-time items, climbed 13%. Consolidated revenues likewise grew 8% to PHP272.2 billion for the period from PHP252.7 billion in the…
November 9, 20170Comments

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Business Financial Malls Management Retail Retailer

PHILIPPINES: SM Prime Holdings recorded a 16% net income growth in the Q3 2017 to PHP5.66 billion

Pasay City, Philippines, 2017-Nov-06 — /EPR Retail News/ — SM Prime Holdings, Inc. (SM Prime), the Philippines’ leading integrated property company recorded a 16% net income growth in the third quarter of the year to PHP5.66 billion from PHP4.86 billion in the same period last year. This led to a 15% increase in net income in the…
November 6, 20170Comments

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Business Malls Management Retail Retailer Shopping

PHILIPPINES: SM Prime Holdings open its newest mall, SM Center Tuguegarao Downtown, on Thursday, October 12

PHILIPPINES: SM Prime Holdings open its newest mall, SM Center Tuguegarao Downtown, on Thursday, October 12   Pasay City, Philippines, 2017-Oct-11 — /EPR Retail News/ — SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property companies in Southeast Asia, will open its newest mall, SM Center Tuguegarao Downtown, on Thursday, October 12. This first SM mall…
October 11, 20170Comments

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Business Malls Management Retail Retailer

PHILIPPINES: SM opens new mall SM City Puerto Princesa in Palawan

PHILIPPINES: SM opens new mall SM City Puerto Princesa in Palawan   Pasay City, Philippines, 2017-Oct-11 — /EPR Retail News/ — With the opening of SM City Puerto Princesa in Palawan on September 15, SM has further expanded its retail footprint nationwide. Determined to bring its mark of providing an exciting retail experience to as many Filipinos, SM…
October 11, 20170Comments

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Malls Management Retail Retailer

PHILIPPINES: SM Prime Holdings opens its first premier mall in Palawan — SM City Puerto Princesa

PHILIPPINES: SM Prime Holdings opens its first premier mall in Palawan — SM City Puerto Princesa Pasay City, Philippines, 2017-Sep-15 — /EPR Retail News/ — SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property companies in Southeast Asia, continues to expand in the provincial cities of the Philippines as it opens its first premier mall…
September 15, 20170Comments

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Business Financial Malls Management Retail Retailer

PHILIPPINES: SM H1 2017 results: income grew 9% to PHP16.6 billion

Pasay City, Philippines, 2017-Aug-09 — /EPR Retail News/ — SM Investments Corporation (SM) said reported income grew 9% to PHP16.6 billion. Excluding one-time items in 2016, recurring income increased 16% in the first six months. Consolidated revenues rose 7% to PHP181.6 billion in the first half from PHP169.7 billion in the same period last year. “Even without…
August 9, 20170Comments

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Business Financial Malls Management Retail

PHILIPPINES: SM Prime registered a 15% net income growth to PHP7.79 billion in Q2 2017 from PHP6.75 billion in same period last year

Pasay City, Philippines, 2017-Aug-07 — /EPR Retail News/ — SM Prime Holdings, Inc. (SM Prime), the Philippines’ leading integrated property company registered a 15% net income growth to PHP 7.79 billion in the second quarter of 2017 from PHP 6.75 billion in same period last year. This brought SM Prime’s first half’s net income to…
August 7, 20170Comments

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PHILIPPINES: SM Prime Holdings to open new SM Cherry Antipolo, Rizal on Friday, June 30

Artist’s Perspective of SM Cherry Antipolo Pasay City, Philippines, 2017-Jun-30 — /EPR Retail News/ — SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property companies in Southeast Asia, will open SM Cherry Antipolo on Friday, June 30. SM Cherry Antipolo is the 63rd mall of SM Prime in the country, which is situated…
June 30, 20170Comments

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Awards Business Malls Management Retail Retailer

PHILIPPINES: SM Group honored with 10 awards at the Corporate Governance Asia magazine’s 7th Asian Excellence Award

PHILIPPINES: SM Group honored with 10 awards at the Corporate Governance Asia magazine's 7th Asian Excellence Award   JW Marriott Hotel, Hong Kong, 2017-Jun-21 — /EPR Retail News/ — SM Investments Corporation (SM) and its subsidiaries bagged 10 awards from Hong Kong-based Corporate Governance Asia magazine in its 7th Asian Excellence Award held at the JW Marriott…
June 21, 20170Comments

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Apparel Business Children Fashion Management Retail Retailer Shops

The Children’s Place to open retail stores in Indonesia, Singapore, Thailand and The Philippines

SECAUCUS, N.J., 2017-Jun-21 — /EPR Retail News/ — The Children’s Place, Inc.(Nasdaq:PLCE), the largest pure-play children’s specialty apparel retailer in North America, today (June 19, 2017) announced that it has entered into a development agreement with Gill Capital covering Indonesia, Singapore, Thailand and The Philippines.  The first retail stores are to open in Indonesia, with the…
June 21, 20170Comments

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Business Financial Management Retail Retailer

PHILIPPINES: Felicidad T. Sy Foundation to fund the construction of sports center at Philippine Cultural College’s Quezon City campus

PHILIPPINES: Felicidad T. Sy Foundation to fund the construction of sports center at Philippine Cultural College's Quezon City campus   Pasay City, Philippines, 2017-May-30 — /EPR Retail News/ — In support of education and sports development, The Felicidad T. Sy Foundation (Foundation) of SM matriarch Felicidad T. Sy has signed an agreement with the Philippine Cultural College…
May 30, 20170Comments

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Business Healthcare Marketing Retail Retailer

ASW’s Global Health Survey: France and the Philippines the most health-savvy European and Asian markets respectively

France and the Philippines are the most health-savvy European and Asian markets respectively The global survey also reveals the correlation between happiness and health One in every five people seek pharmacist’s advice when feeling ill HongKong, 2017-Apr-10 — /EPR Retail News/ — To coincide with World Health Day, an annual global health awareness…
April 10, 20170Comments

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Business Financial Management Online Retailers Retail Retailer

PHILIPPINES: SM Investments Corporation acquires 34.5% stake in 2Go Group

Pasay City, Philippines, 2017-Apr-03 — /EPR Retail News/ — SM Investments Corporation (SMIC) completed the acquisition of a minority stake in 2Go Group via a 34.5% stake in its parent company. 2Go is the country’s largest integrated supply chain operator whose businesses include shipping, freight forwarding, warehousing, and express delivery services. “We are pleased with this opportunity…
April 3, 20170Comments

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Awards Business Malls Management Retail Retailer

PHILIPPINES: SM Investments Corporation honored with seven awards during the 12th Corporate Governance Asia Recognition Awards 2016

PHILIPPINES: SM Investments Corporation honored with seven awards during the 12th Corporate Governance Asia Recognition Awards 2016   Pasay City, Philippines, 2017-Mar-24 — /EPR Retail News/ — SM Investments Corporation (SM) and its subsidiaries received seven awards from Hong Kong-based publication Corporate Governance (CG) Asia during the 12th Corporate Governance Asia Recognition Awards 2016 organized by the magazine. SM…
March 24, 20170Comments

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Awards Business Malls Management Retail Retailer

PHILIPPINES: SM wins four awards at the PRSP Gabi ng Parangal 52nd Anvil Awards

PHILIPPINES: SM wins four awards at the PRSP Gabi ng Parangal 52nd Anvil Awards   Pasay City, Philippines, 2017-Mar-17 — /EPR Retail News/ — SM won four awards during the Public Relations Society of the Philippines’ (PRSP) Gabi ng Parangal 52nd Anvil Awards held last March 10, 2017. SM Investments Corporation was awarded for its website redesign project, 2015 Annual…
March 17, 20170Comments

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Business Food & Beverage Grocery Marketing Retail Retailer

PHILIPPINES: SM group continues commitment to the government and Go Negosyo’s initiative to promote produce grown by local farmers

PHILIPPINES: SM group continues commitment to the government and Go Negosyo’s initiative to promote produce grown by local farmers   Pasay City, Philippines, 2017-Mar-08 — /EPR Retail News/ — In the fourth quarter of last year, the Department of Agriculture (DA) with the help of Go Negosyo, finalized an agreement with supermarket and restaurant chains to source…
March 8, 20170Comments

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Business Financial Malls Management Retail Retailer

PHILIPPINES: SM Investments Corporation announces an 8% growth in net income to PHP31.2 billion in 2016

Pasay City, Philippines, 2017-Mar-02 — /EPR Retail News/ — SM Investments Corporation (SM) reported an 8% growth in net income to PHP31.2 billion in 2016. Property accounted for 39% of total earnings, with banks comprising 37% and retail 24%. "Our core businesses performed well and continue to grow in line with the country's strong economic development. We…
March 2, 20170Comments

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Business Financial Malls Management Retail Retailer

PHILIPPINES: SM Prime announces a recurring net income growth of 14% in 2016 vs. previous year

Pasay City, Philippines, 2017-Feb-22 — /EPR Retail News/ — SM Prime Holdings, Inc. (SM Prime), the Philippines’ leading integrated property company, registered a recurring net income growth of 14% in 2016 to PHP 23.8 billion from PHP 20.9 billion last year. Consolidated revenues grew 12% to PHP 79.8 billion in 2016 from PHP 71.5 billion in…
February 22, 20170Comments

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Apparel Business Fashion Management Retail Retailer Shops

Prada opens its second store in Manila, Philippines

Milan, 2017-Jan-24 — /EPR Retail News/ — Prada opens its second store in Manila, Philippines, inside the prestigious Solaire Resort and Casino. The space covers a total surface area of 105 square metres on a single level and houses the women’s and men’s leather goods and accessories collections. The façade is defined by a backlit white canvas…
January 24, 20170Comments

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Business Financial Management Retail Retailer

Philippines: SM Investments Corporation (SMIC) Fixed Rate Peso Bonds Oversubscribed

Pasay City, Philippines, 2016-Dec-12 — /EPR Retail News/ — SM Investments Corporation (SMIC) will issue a total of Php20 billion worth of Series G retail bonds priced at 5.1590% due 2023, up from the initial offer size of only Php15 billion. The Series G bond issue was met by strong demand from a wide spectrum of…
December 12, 20160Comments

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Business E-Commerce Financial Management Retail Retail Software Retailer Technology

NCR’s CxBanking software to help financial institutions in the Philippines offer seamless banking experience

MANILA, Philippines, 2016-Oct-06 — /EPR Retail News/ — NCR Corporation (NYSE: NCR), a global leader in omni-channel solutions, today (October 4, 2016) unveiled a new suite of integrated CxBanking solutions to help financial institutions in the Philippines  improve speed of service, reduce downtime and enhance customer experience. “Banks are under enormous pressure to innovate as customers demand…
October 6, 20160Comments

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Business Financial Management Retail Retailer

Philippines: SM Investments Corporation announces that PhilRatings assigned a PRS Aaa rating to its proposed bond issue

Pasay City, Philippines, 2016-Sep-28 — /EPR Retail News/ — SM Investments Corporation announced that the Philippine Rating Services Corporation (PhilRatings) assigned a rating of PRS Aaa to SMIC’s proposed bond issue of P15.0 Billion, with an over subscription option of P5.0 Billion, for a maximum aggregate amount of P20.0 Billion. The bonds are part of the…
September 28, 20160Comments

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Business Financial Management Retail Retailer

Philippines: SM Investments Corporation approved Fixed Rate Bond Program with principal amount of Php50 Billion

Pasay City, Philippines, 2016-Sep-22 — /EPR Retail News/ — SM Investments Corporation announced today (September 21, 2016) that its Board of Directors approved a Fixed Rate Bond Program with a principal amount of Php 50 Billion under the 3-year shelf registration facility of the Securities & Exchange Commission. Initial issuance under this program is expected later…
September 22, 20160Comments

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Business Malls Management Retail

Philippines: SM Investments to expand in Visayas and Mindanao

Cebu, Cagayan de Oro, Davao, Philippines, 2016-Aug-28 — /EPR Retail News/ — SM Investments Corporation (SM), one of the largest conglomerates in the Philippines, is committed to expand outside of Metro Manila where huge potential for growth is apparent. In particular, Visayas and Mindanao contributed 26.9% to total Gross Domestic Product (GDP) in 2014 based on most…
August 28, 20160Comments

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Asset Inventory Business Financial Malls Management Marketing PR Retail Retailer

Philippines: SM Prime Holdings registered 12% growth in its core net income during first half of 2016

Pasay City, Philippines, 2016-Aug-01 — /EPR Retail News/ — SM Prime Holdings, Inc. (SM Prime), the Philippines’ leading integrated property company, registered a 12% growth in its core net income to PHP 12.6 billion from PHP 11.2 billion. This was supported by a 9% increase in consolidated revenues to PHP 39.2 billion from PHP 35.9 billion…
August 1, 20160Comments

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Awards Business Malls Management Marketing PR Retail Retailer

Philippines: 2016 Ramon V. Del Rosario (RVR) Award given to Retail pioneer Henry Sy, Sr.

Makati, Philippines, 2016-Aug-01 — /EPR Retail News/ — Retail pioneer Henry Sy, Sr. received the 2016 Ramon V. Del Rosario (RVR) Award for Nation Building. This award is a project of the Junior Chamber International (JCI) Manila  and the Asian Institute of Management’s Center for Corporate Social Responsibility. Named in honor of JCI’s (formerly Manila Jaycees) founding…
August 1, 20160Comments

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Business Financial Malls Management Marketing Outlet PR Retail Retailer

Philippines: SM Prime Holdings issues PHP10 billion fixed rate bonds due on 2026

Makati, Philippines, 2016-Aug-01 — /EPR Retail News/ —SM Prime Holdings,Inc. (SM Prime) marked its 3rd listing of retail bonds with its issuance of PHP10 billion fixed rate bonds due on 2026. With SM Prime’s bond issuance, the total listed amount of the SM Group on PDEx shall be PHP84.83 billion, representing 14.47% of the total corporate fixed-income…
August 1, 20160Comments

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Business Malls Management Retail Retailer

Philippines: SM Prime Holdings to offer to the public up to Php60 billion worth of Bonds

Pasay City, Philippines, 2016-May-17 — /EPR Retail News/ — SM Prime Holdings, Inc. (SMPH) announced today that its Board of Directors approved the offering to the public of up to Php60 billion worth of Bonds (the ”Bonds”). The Bonds will be filed under a shelf registration to be issued for a period of three (3)…
May 17, 20160Comments

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