SMPHI - updates

Rappler's latest stories on SMPHI

ARTICLE FINDER

Ombudsman orders 6-month suspension of Olongapo mayor, city officials

Jul 11, 2018 - 7:12 PM

The complaint against Olongapo Mayor Rolen Paulino, Vice Mayor Aquilino Cortez Jr, and members of the city council stems from the city government's approval of the long-term lease of government land to SM Prime Holdings Incorporated

OLONGAPO CHIEF. Olongapo City Mayor Rolen Paulino and other city officials face a 6-month suspension over with city government's lease agreement with SM Prime Holdings Incorporated. Photo from Mayor Rolen Paulino's Facebook page

After a decade, construction of MRT-LRT Common Station to begin in September

Sep 19, 2017 - 9:10 PM

The coveted project has seen 3 transportation secretaries come and go. Finally, the construction will start on September 29.

Lack of one-time gain drags SM Prime's 2016 profit

Feb 21, 2017 - 4:15 PM

SMPHI says its bottomline stood at P23 8 billion for 2016 compared to 2015 s P28 3 billion which included a P7 4 billion one time trading gain

'WELL-POSITIONED.' SM Prime President Jeffrey Lim (in the middle) says the company is well-positioned to capture the positive impact of the higher infrastructure spending intended by the government. Photo by Martin San Diego/Rappler

Senators convinced 'best' location achieved for MRT-LRT common station

Feb 13, 2017 - 7:00 PM

But the Senate committee wants someone to be held liable for the P200 million naming rights contract of SM Prime which caused the almost 8 year delay of the project

PROBE INTO COMMON STATION. Senator Grace Poe, chair of the Committee on Public Services on Monday, February 13, 2017, leads probe into the MRT-LRT Common Station deal. Senators JV Ejercito and Sherwin Gatchalian also attended the hearing. PRIB Photo by Cesar Tomambo.

Duterte hosts intimate dinner for top businessmen

Jan 18, 2017 - 4:40 PM

The 3 hour dinner is organized by former president and now Deputy Speaker Gloria Macapagal Arroyo and Presidential Consultant for Entrepreneurship Joey Concepcion

DINNER WITH BUSINESSMEN. President Rodrigo Duterte hosts a dinner for the country's top businessmen on January 17, 2017. Photo by Rey Baniquet/Presidential Photo

Commercial operations for MRT-LRT Common Station eyed in April 2019

Jan 18, 2017 - 2:50 PM

Rarely seen together the country s top businessmen come to agree on the final location of the Metro Rail Transit MRT Light Rail Transit LRT Common Station project

ENDING DEADLOCK. The country's top honchos, Manuel V. Pangilinan, Ramon S. Ang, Hans Sy, and Jaime Augusto Zobel de Ayala, come together to sign a Memorandum of Agreement ending the squabble on the MRT-LRT Common Station deal, Wednesday, January 18, at the Dusit Hotel in Makati City. Photo by Martin San Diego/Rappler

MRT-LRT common station to be done in 2.5 years – DOTr

Dec 22, 2016 - 9:40 PM

Transportation Secretary Arthur Tugade says the signing of the compromise agreement on the common station is expected before 2016 ends

HAMPERING MASS TRANSIT. The stay order on the transfer of the site of the common station is barring the construction of the MRT7 and design work for the common station project that has been bundled with the LRT1 Cavite Extension project. SM North City EDSA and TriNoma photos from Ramon F. Velasquez

Strong mall revenues drive SM Prime's net income

Nov 07, 2016 - 5:25 PM

The chief of SM Prime says his company expects its success to continue over the medium term as economic growth spreads to the rest of the Philippines

FOOT TRAFFIC. A bridge connects Phase 1 and Phase 2 of SM City Xiamen in Fujian, China, boosting traffic in the newer wing. Photo by Mia Gonzalez/Rappler

Deal reached: LRT-MRT common station between SM North, TriNoma

Sep 27, 2016 - 3:55 PM

A memorandum of understanding is set to be signed on Wednesday September 28

HAMPERING MASS TRANSIT. The stay order on the transfer of the site of the common station is barring the construction of MRT7 and design work for the common station project that has been bundled with LRT1 Cavite Extension project. SM North City EDSA and TriNoma Mall photos from Ramon F. Velasquez

Hans Sy retiring as SM Prime president

Jul 05, 2016 - 8:00 PM

But Sy will remain highly involved in the company s overall strategic direction as chairman of SMPHI s Executive Committee and member of the board

BOW. SM Prime President Hans T. Sy leads the opening of SM Angono, the company's 50th mall, on Friday, November 14, 2014. Photo from SM Supermalls Facebook page

After a year, LRT-MRT common station problem still unsolved

Nov 25, 2015 - 6:25 PM

A compromise agreement between all stakeholders has yet to be signed

HAMPERING MASS TRANSIT. The stay order on the transfer of the site of the common station is barring the construction of MRT7 and design work for the common station project that has been bundled with LRT1 Cavite Extension project. SM North City EDSA and TriNoma Mall photos from Ramon F. Velasquez