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SM to develop P6-billion new office projects

Manila Bulletin

|

April 17, 2025

SM Offices, a unit of SM Prime Holdings Inc., is investing P6 billion to develop new office towers and workspaces, even as it sees strong uptake for its mall-based offices.

- By JAMES A. LOYOLA

In a disclosure to the Philippine Stock Exchange (PSE), SM Prime said the new offices to be developed this year include Six E-Com Center, a Grade A office tower in the SM Mall of Asia (MOA) complex, designed for technology-driven industries and business process outsourcing (BPO) firms.

SM Offices is also ramping up its expansion in Cebu and Bacolod, adding over 85,000 square meters (sqm) of leasable space this year to meet rising demand from traditional and BPO tenants.

FLERE HISTORIER FRA Manila Bulletin

Manila Bulletin

DBP needs longer dividend relief to recover MIC capital

State-run Development Bank of the Philippines (DBP) will continue to seek regulatory and dividend relief for several more years as it aims to recover the capital it infused into the Maharlika Investment Corp. (MIC).

time to read

1 mins

December 2, 2025

Manila Bulletin

FLI deploys P2 B for 10 new projects

Gotianun-led Filinvest Land Inc. (FLI) reported that it has reinvested ₱1.86 billion raised from the share buyback and exchange for Filinvest REIT Corporation (FILRT) shares executed on December 11, 2024.

time to read

1 min

December 2, 2025

Manila Bulletin

Olivarez captures back-to-back Open titles

Eric Jed Olivarez further solidified his status as one of Philippine tennis' brightest stars after clinching the Mayor Edwin Olivarez National Open Tennis Championship crown for the second straight year, emphatically defeating the same opponent he swept in last year's finals.

time to read

1 min

December 2, 2025

Manila Bulletin

An indelible trademark for nat'l athletes

The design went public June last year on the track suits of Filipino athletes while in training camp in Metz for the Paris Olympics Last October, Filipino athletes at the World Games in Chengdu last August were all clad in a perked up and more colorful tracksuits and podium shirts, and the same uniforms were worn at the Asian Youth Games in Manama in October.

time to read

1 min

December 2, 2025

Manila Bulletin

Manila Bulletin

PH to miss 2025 growth target

Corruption taking heavy toll on economy

time to read

2 mins

December 2, 2025

Manila Bulletin

Angara: 2026 DepEd budget to sustain universal, targeted school feeding

Department of Education (DepEd) Secretary Sonny Angara on Monday, Dec. 1, said the 2026 budget of the DepEd will allow the agency to sustain its combined approach of universal and targeted school feeding, as lawmakers approved a significant increase to strengthen the government's efforts to curb undernutrition and support early learning.

time to read

1 mins

December 2, 2025

Manila Bulletin

Corruption scandal hits investor trust

Japanese financial giant MUFG Bank Ltd. said investors have turned pessimistic following heightened political risks, but the relative strength of the Philippine peso is buoying sentiment.

time to read

1 mins

December 2, 2025

Manila Bulletin

PNP, Informatics ink education pact to boost digital skills of cops

The Philippine National Police (PNP) said Friday, Nov. 28, that it has expanded its push for atechnology-skilled and future-ready force through a newly signed educational partnership with Informatics Philippines and PNP Foundation, Inc. (PNPFI).

time to read

1 mins

December 2, 2025

Manila Bulletin

Borrowing costs drop on S&P nod

The Marcos administration borrowed P25 billion through the sale of short-dated Treasury bills, exceeding its planned amount of P22 billion, as lower borrowing costs and a recent affirmation from debt watcher S&P Global Ratings boosted investor appetite.

time to read

2 mins

December 2, 2025

Manila Bulletin

Pag-IBIG Fund assists 3.2 million members through cash loans in Jan-Oct, up 28%

Pag-IBIG Fund helped 3.2 million Filipino workers meet their immediate financial needs through its short-term loan (STL) programs from January to October 2025, marking a 28% increase in borrowers compared to the same period last year, officials announced on Monday, Dec 1.

time to read

2 mins

December 2, 2025

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