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                    [ArticleID] => 381412
                    [Title] => SM to invest P2 billion for more malls in Cebu
                    [Summary] => 



Retail giant SM Prime Holdings, Inc. (SMPHI) is ready to invest P2 billion for the establishment of two more shopping malls in Cebu, owing to Cebu's dynamic potential for retail business.


In an interview with SMPHI president Hans Sy, he said that the company is currently negotiating with land owners, to acquire at least five to 10-hectare property in both southern and northern parts of Cebu.


According to Sy, SM is interested to put up SM Supercenter and Hypermart in Cebu. The company is expecting to spend at least P1 billion for each facility.


                    [DatePublished] => 2007-01-23 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1298072
                    [AuthorName] => Ehda Dagooc
                    [SectionName] => Freeman Cebu Business
                    [SectionUrl] => cebu-business
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                    [ArticleID] => 339252
                    [Title] => SM mulls building another commercial center in Cebu
                    [Summary] => SM Prime Holdings, Inc. (SMPHI) is currently in search for a three-hectare property in Cebu for its planned SM Supercenter Hypermart in Cebu.
                    [DatePublished] => 2006-05-29 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1298072
                    [AuthorName] => Ehda Dagooc
                    [SectionName] => Freeman Cebu Business
                    [SectionUrl] => cebu-business
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                    [ArticleID] => 336817
                    [Title] => Questions raised on finances of top bidder for Capitol lot
                    [Summary] => 

Questions have been raised on the qualifications of an international consortium that participated in a bid to develop a 2.8564-hectare Capitol property in barangay Banilad for commercial use on a Build-Transfer-Operate (BTO) scheme.


This came after it was learned that Philippine-Beijing Motors Corporation (PBMC), which was reported as the top bidder for the Banilad lot project, has applied for a financial rehabilitation plan, after having failed to pay its financial obligations with the Metropolitan Bank and Trust Company (Metrobank). 


                    [DatePublished] => 2006-05-15 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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                    [AuthorName] => 
                    [SectionName] => Cebu News
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                    [ArticleID] => 336274
                    [Title] => Banilad lot project: Bid of international consortium show investors' faith - Garcia
                    [Summary] => Governor Gwen Garcia yesterday said the participation of a international consortium in the bid for a hotel-commercial complex project in the provincial lot in barangay Banilad, Cebu City indicated faith of foreign investors in the government and signified that more investments are coming to Cebu.


                    [DatePublished] => 2006-05-12 00:00:00
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                    [SectionName] => Cebu News
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CEBU INTERNATIONAL SCHOOL AND CEBU TENNIS CLUB

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                    [ArticleID] => 381412
                    [Title] => SM to invest P2 billion for more malls in Cebu
                    [Summary] => 



Retail giant SM Prime Holdings, Inc. (SMPHI) is ready to invest P2 billion for the establishment of two more shopping malls in Cebu, owing to Cebu's dynamic potential for retail business.


In an interview with SMPHI president Hans Sy, he said that the company is currently negotiating with land owners, to acquire at least five to 10-hectare property in both southern and northern parts of Cebu.


According to Sy, SM is interested to put up SM Supercenter and Hypermart in Cebu. The company is expecting to spend at least P1 billion for each facility.


                    [DatePublished] => 2007-01-23 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1298072
                    [AuthorName] => Ehda Dagooc
                    [SectionName] => Freeman Cebu Business
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                    [ArticleID] => 339252
                    [Title] => SM mulls building another commercial center in Cebu
                    [Summary] => SM Prime Holdings, Inc. (SMPHI) is currently in search for a three-hectare property in Cebu for its planned SM Supercenter Hypermart in Cebu.
                    [DatePublished] => 2006-05-29 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1298072
                    [AuthorName] => Ehda Dagooc
                    [SectionName] => Freeman Cebu Business
                    [SectionUrl] => cebu-business
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                    [ArticleID] => 336817
                    [Title] => Questions raised on finances of top bidder for Capitol lot
                    [Summary] => 

Questions have been raised on the qualifications of an international consortium that participated in a bid to develop a 2.8564-hectare Capitol property in barangay Banilad for commercial use on a Build-Transfer-Operate (BTO) scheme.


This came after it was learned that Philippine-Beijing Motors Corporation (PBMC), which was reported as the top bidder for the Banilad lot project, has applied for a financial rehabilitation plan, after having failed to pay its financial obligations with the Metropolitan Bank and Trust Company (Metrobank). 


                    [DatePublished] => 2006-05-15 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Cebu News
                    [SectionUrl] => cebu-news
                    [URL] => 
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                    [ArticleID] => 336274
                    [Title] => Banilad lot project: Bid of international consortium show investors' faith - Garcia
                    [Summary] => Governor Gwen Garcia yesterday said the participation of a international consortium in the bid for a hotel-commercial complex project in the provincial lot in barangay Banilad, Cebu City indicated faith of foreign investors in the government and signified that more investments are coming to Cebu.


                    [DatePublished] => 2006-05-12 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Cebu News
                    [SectionUrl] => cebu-news
                    [URL] => 
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abtest

SM to invest P2 billion for more malls in Cebu

By Ehda Dagooc | January 23, 2007 - 12:00am

Retail giant SM Prime Holdings, Inc. (SMPHI) is ready to invest P2 billion for the establishment of two more shopping malls in Cebu, owing to Cebu's dynamic potential for retail business. In an interview...

Freeman Cebu Business

SM mulls building another commercial center in Cebu

By Ehda Dagooc | May 29, 2006 - 12:00am

SM Prime Holdings, Inc. (SMPHI) is currently in search for a three-hectare property in Cebu for its planned SM Supercenter Hypermart in Cebu.

Freeman Cebu Business

Questions raised on finances of top bidder for Capitol lot

May 15, 2006 - 12:00am

Questions have been raised on the qualifications of an international consortium that participated in a bid to develop a 2.8564-hectare Capitol property in barangay Banilad for commercial use on a Build-Transfer-Operate...

Cebu News

Banilad lot project: Bid of international consortium show investors' faith - Garcia

May 12, 2006 - 12:00am

Governor Gwen Garcia yesterday said the participation of a international consortium in the bid for a hotel-commercial complex project in the provincial lot in barangay Banilad, Cebu City indicated faith of foreign...

Cebu News