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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 315720 [Title] => SMIC sets P12-B capex program [Summary] => SM Investments Corp., the listed investment holding company of retail tycoon Henry Sy, is setting aside P10 billion to P12 billion for its capital expenditures this year to bankroll the expansion of its shopping mall, banking and call center operations.
SMIC executive vice-president Jose T. Sio said P4 billion of the programmed capital budget will go to the construction of new shopping malls to further strengthen its dominant foothold in the industry.
[DatePublished] => 2006-01-09 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 315571 [Title] => SM Investments expects to sustain 25% income growth [Summary] => SM Investments Corp. (SMIC), the listed investment holding company of the SM Group, expects to sustain the 25-percent growth in its net income for the first nine months of its fiscal year ending March 2006, driven by the continued robust performance of its shopping mall and banking units.
From April to Sept. 2005, SMIC reported a net profit of P2.7 billion or an increase of 24.4 percent from the P2.2 billion earnings posted the previous period.
"We can sustain that growth as our mall operations continue to do well.
[DatePublished] => 2006-01-08 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
BATANGAS AND DASMARINAS
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 315720 [Title] => SMIC sets P12-B capex program [Summary] => SM Investments Corp., the listed investment holding company of retail tycoon Henry Sy, is setting aside P10 billion to P12 billion for its capital expenditures this year to bankroll the expansion of its shopping mall, banking and call center operations.
SMIC executive vice-president Jose T. Sio said P4 billion of the programmed capital budget will go to the construction of new shopping malls to further strengthen its dominant foothold in the industry.
[DatePublished] => 2006-01-09 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 315571 [Title] => SM Investments expects to sustain 25% income growth [Summary] => SM Investments Corp. (SMIC), the listed investment holding company of the SM Group, expects to sustain the 25-percent growth in its net income for the first nine months of its fiscal year ending March 2006, driven by the continued robust performance of its shopping mall and banking units.
From April to Sept. 2005, SMIC reported a net profit of P2.7 billion or an increase of 24.4 percent from the P2.2 billion earnings posted the previous period.
"We can sustain that growth as our mall operations continue to do well.
[DatePublished] => 2006-01-08 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
By Zinnia B. Dela Peña | January 9, 2006 - 12:00am
By Zinnia B. Dela Peña | January 8, 2006 - 12:00am
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