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Tuesday, June 4, 2024

Why There Are People Who Wake Up at 3 AM Without Any Reason?


Ever found yourself wide awake at 3 AM, staring at the ceiling and wondering why? You're not alone. Many people experience this mysterious early morning wake-up call. It's a phenomenon that's baffling, intriguing, and sometimes downright frustrating. But what exactly causes this to happen? Is it stress, something physiological, or perhaps something more mystical? Let's dive into the reasons behind why people wake up at 3 AM without any apparent reason and explore what you can do about it.

The Science of Sleep

To understand why you might be waking up at 3 AM, it's crucial to grasp the basics of how sleep works.

The Sleep Cycle

Sleep isn't a single, continuous state. It's composed of cycles that repeat throughout the night. Each cycle typically lasts about 90 minutes and includes various stages of sleep.

Stages of Sleep

  1. Light Sleep (Stages 1 and 2): This is when you transition from wakefulness to sleep. Your heart rate slows, and your body temperature drops.

  2. Deep Sleep (Stages 3 and 4): Also known as slow-wave sleep, this stage is essential for physical restoration and healing.

  3. REM Sleep: The stage where dreaming occurs. It's vital for cognitive functions like memory and learning.

Importance of REM Sleep

REM sleep usually happens about 90 minutes after you fall asleep and then recurs every 90 minutes. If you're waking up at 3 AM, it could be that you're emerging from a REM cycle.

Common Reasons for Waking Up at 3 AM

Several factors can disrupt your sleep and cause you to wake up at this specific time.

Stress and Anxiety

Stress is one of the most common culprits. When you're stressed, your body releases cortisol, a hormone that can disrupt sleep patterns. Waking up in the middle of the night might be your body's response to high cortisol levels.

Sleep Disorders

Conditions like insomnia, sleep apnea, and restless legs syndrome can also cause frequent wake-ups. These disorders interrupt your sleep cycle, making it difficult to stay asleep.

Environmental Factors

Noise, light, and temperature can all affect your sleep quality. Even the slightest change in your environment can jolt you awake.

Biological Rhythms and the Body Clock

Your body operates on a circadian rhythm, a natural internal process that regulates the sleep-wake cycle roughly every 24 hours.

The Role of Circadian Rhythms

Circadian rhythms are influenced by various factors, including light and darkness. They control the timing of sleep and wakefulness, so disruptions can lead to waking up at odd hours.

The Significance of 3 AM in the Body's Clock

Interestingly, 3 AM marks a point in the circadian rhythm where the body's core temperature and metabolic rate drop to their lowest levels. This could be a natural point for waking up.

Psychological Factors

Your mental state can have a profound impact on your sleep patterns.

The Impact of Anxiety and Stress

Anxiety can trigger the "fight or flight" response, causing you to wake up suddenly. Your brain might still be processing the day's stressors, leading to interrupted sleep.

Nightmares and Night Terrors

These can also cause you to wake up abruptly. While more common in children, adults can experience night terrors due to stress or trauma.

Spiritual and Cultural Perspectives

For centuries, people have attributed waking up at 3 AM to spiritual or supernatural causes.

Spiritual Beliefs About 3 AM

Some believe that 3 AM is the "witching hour," a time when the veil between the physical and spiritual worlds is thin. This belief might cause anxiety, leading to wakefulness.

Cultural Interpretations

Different cultures have their own interpretations of waking up at this time. In some traditions, it's seen as a time for spiritual reflection or prayer.

Health-Related Causes

Medical conditions can play a significant role in disrupting sleep.

Medical Conditions

Issues like hyperthyroidism, arthritis, and acid reflux can cause discomfort, making it hard to stay asleep.

Effects of Medication

Certain medications, especially those that affect the nervous system, can lead to waking up in the middle of the night.

The Role of Lifestyle

Your daily habits can significantly influence your sleep quality.

Diet and Caffeine Consumption

Eating heavy meals or consuming caffeine late in the day can interfere with your ability to fall and stay asleep.

Screen Time Before Bed

The blue light emitted by screens can suppress melatonin production, the hormone that regulates sleep.

Environmental Influences

Creating a comfortable sleep environment is essential for uninterrupted rest.

Room Temperature and Comfort

A room that's too hot or too cold can cause you to wake up. Aim for a cool, comfortable temperature.

Noise and Light Pollution

Even minimal noise or light can disturb your sleep. Consider using earplugs or blackout curtains to create a better sleep environment.

Tips for Better Sleep

There are several strategies you can adopt to improve your sleep quality.

Establishing a Bedtime Routine

Going to bed and waking up at the same time every day helps regulate your circadian rhythm.

Creating a Sleep-Friendly Environment

Make your bedroom a sanctuary for sleep by eliminating distractions and ensuring comfort.

When to Seek Help

Sometimes, professional help is needed to address sleep issues.

Identifying Chronic Sleep Issues

If you find yourself waking up at 3 AM consistently and it's affecting your daily life, it might be time to seek help.

Consulting a Sleep Specialist

A specialist can help diagnose and treat underlying sleep disorders that might be causing your wakefulness.

Natural Remedies

Consider natural approaches to enhance your sleep quality.

Herbal Teas and Supplements

Chamomile tea and melatonin supplements can promote relaxation and better sleep.

Relaxation Techniques

Practices like meditation, deep breathing, and progressive muscle relaxation can help calm your mind before bed.

The Impact of Technology

While technology can disrupt sleep, it can also help improve it if used wisely.

Blue Light and Sleep Disruption

Minimize screen time before bed to avoid disrupting your sleep cycle.

Using Sleep Apps Wisely

Some apps are designed to help you relax and track your sleep patterns, providing insights into how to improve your rest.

Conclusion

Waking up at 3 AM can be perplexing and frustrating, but understanding the potential causes can help you address the issue. Whether it's due to stress, environmental factors, or your body's natural rhythms, there are steps you can take to improve your sleep quality. By making small adjustments to your lifestyle and environment, you can increase your chances of enjoying uninterrupted, restful sleep.

FAQs

Why do I always wake up at 3 AM?

Waking up at 3 AM can be caused by stress, sleep disorders, or environmental factors. It might also be related to your body's circadian rhythms.

Is waking up at 3 AM a sign of spiritual awakening?

Some people believe that waking up at 3 AM has spiritual significance, but there is no scientific evidence to support this.

Can diet affect my sleep patterns?

Yes, consuming caffeine or heavy meals close to bedtime can disrupt your sleep.

Should I consult a doctor if I wake up at 3 AM frequently?

If waking up at 3 AM is affecting your daily life and persists over time, it's a good idea to consult a sleep specialist.

How can I improve my sleep quality?

Establish a bedtime routine, create a sleep-friendly environment, and consider natural remedies like herbal teas and relaxation techniques.


Monday, May 20, 2024

Bagong Pilipinas Serbisyo Fair: A Success in Cagayan de Oro City



Cagayan de Oro City, May 17, 2024 – The Bagong Pilipinas Serbisyo Fair (BPSF) marked its successful launch in Cagayan de Oro City on May 16-17, 2024, at the University of Science & Technology of Southern Philippines (USTP). This significant event, the 17th installment of the nationwide serbisyo caravan, drew thousands of beneficiaries and showcased the government's commitment to bringing services directly to the people.


A Grand Opening with Dignitaries



The fair was hosted locally by Honorable Atty. Lordan G. Suan, Representative of the First District of Cagayan de Oro City. The Opening Program, held at the Dr. Ricardo E. Rotoras Memorial Hall, was graced by House Speaker Ferdinand Martin G. Romualdez, representing President Ferdinand “Bongbong” R. Marcos Jr. Speaker Romualdez, affectionately known as "Mr. Rice," underscored his commitment to food security by distributing 200,000 kilograms of rice to identified beneficiaries.


Wide-Ranging Services and Assistance



Over the two-day event, 38 national government agencies provided a staggering 213 services, benefitting an estimated 30,000 residents. The fair brought a total of Php286 million worth of programs and services to Cagayan de Oro, with Php180 million allocated as cash assistance. The Department of Social Welfare and Development (DSWD) facilitated continuous payouts, distributing Php168 million to 26,000 individual Assistance to Individuals in Crisis Situations (AICS) beneficiaries.


Empowering Communities Through Education and Livelihood



TESDA and CHED offered various scholarship programs, while livelihood assistance was provided to various sectors. These initiatives aimed to empower the city's residents by enhancing their skills and providing them with the tools needed for sustainable development.


Cultural Unity and Celebration


The fair concluded with a grand Pagkakaisa Concert at the Pelaez Sports Complex on the evening of May 17, 2024. The concert, which offered free admission, was a vibrant celebration of unity and community spirit, drawing an audience of over 10,000 people.


Comprehensive Support Across Sectors


The BPSF CDO event highlighted a comprehensive approach to service delivery, encompassing social, health, agricultural, livelihood, educational, and regulatory services. Key figures included:


  • Social Services: Php168 million
  • Health Services: Php4.5 million
  • Agricultural Services: Php388,915
  • Livelihood Services: Php101 million
  • Educational Services: Php10.5 million
  • GOCCs & Other Government Services: Php1.56 million
  • Regulatory Services: Php540,750


A Nationwide Vision

The Bagong Pilipinas Serbisyo Fair aims to cover all 82 provinces in the Philippines, demonstrating the government's dedication to inclusive and accessible public service. The Cagayan de Oro leg not only met but exceeded expectations, setting a high standard for future events.


Community Impact and Future Prospects

As the 17th installment of the serbisyo caravan, the BPSF in Cagayan de Oro City exemplifies the government's proactive approach in addressing the needs of its citizens. The overwhelming participation and the extensive range of services provided underscore the fair's significance in fostering community development and well-being.


In conclusion, the Bagong Pilipinas Serbisyo Fair in Cagayan de Oro City was a resounding success, leaving a positive impact on thousands of residents and setting a precedent for the remaining provinces yet to host the fair. This event not only brought immediate relief and support but also laid the groundwork for sustainable growth and empowerment in the region. 

Thursday, May 16, 2024

Empowering Communities: President Bongbong Marcos' Bagong Pilipinas Serbisyo Fair Makes Waves in Cagayan de Oro City

President Bongbong Marcos' Bagong Pilipinas Serbisyo Fair in Cagayan de Oro City marked a significant milestone in the region's journey towards inclusive development and equitable access to essential services. Hosted by 1st District Congressman of CDO, Cong. Atty. Lordan Suan, and supported by 2nd District Congressman Cong. Rufus Rodriguez, along with the esteemed members of the 19th Congress of the Philippines led by House Speaker Martin Romualdez, the event garnered widespread acclaim for its comprehensive approach to addressing the needs of the local populace.




The success of the fair can be attributed to the concerted efforts of key individuals and institutions committed to uplifting the lives of Filipinos. Congressman Atty. Lordan Suan's leadership and vision, coupled with the unwavering support of Congressman Rufus Rodriguez and House Speaker Martin Romualdez, were instrumental in orchestrating this momentous occasion.


The Bagong Pilipinas Serbisyo Fair served as a platform to deliver a diverse array of programs and services tailored to meet the evolving needs of the community. From economic assistance to educational support, the fair aimed to address various facets of development and empowerment.


  • Cash Assistance and Rice Distribution (CARD) Program - One of the cornerstone initiatives of the fair was the CARD Program, which provided much-needed financial relief to 3,000 beneficiaries, accompanied by the distribution of rice to alleviate food insecurity.
  • Presidential Assistance to Farmers, Fisherfolk & Families - Recognizing the vital role of agriculture in sustaining livelihoods, the fair extended assistance to 10,000 farmers, fisherfolk, and their families, ensuring their continued prosperity and resilience.
  • Start-up, Investments, Business Opportunities, and Livelihood (SIBOL) Program - Empowering aspiring entrepreneurs and fostering economic growth, the SIBOL Program offered support to 3,000 individuals seeking to embark on business ventures or expand existing enterprises.
  • Integrated Scholarships and Incentives (ISIP) Program - Investing in the future of the nation, the ISIP Program provided educational opportunities to 2,000 deserving scholars, equipping them with the tools to pursue their academic aspirations.




The overwhelming response from the beneficiaries underscored the tangible impact of the programs on their lives. Expressing gratitude and optimism, they hailed the fair as a beacon of hope and renewal, heralding a brighter future for generations to come.


Beyond its immediate benefits, the Bagong Pilipinas Serbisyo Fair holds profound significance for the socio-economic landscape of Cagayan de Oro City and beyond. By fostering inclusivity and empowerment, the event laid the groundwork for sustainable development and shared prosperity.


As the initiatives introduced during the fair take root and flourish, they are poised to catalyze transformative change across various sectors. From poverty alleviation to skills development, the long-term implications of these programs are poised to reshape the fabric of society, ushering in a new era of progress and opportunity.


President Bongbong Marcos' Bagong Pilipinas Serbisyo Fair in Cagayan de Oro City stands as a testament to the power of collective action and visionary leadership in driving positive change. Through strategic partnerships and targeted interventions, the fair has set a precedent for effective governance and citizen-centric policymaking, laying the foundation for a more equitable and prosperous future. 








Friday, May 10, 2024

Restoring Harmony: Kauswagan's Rebirth with the Hugyaw sa Kadagatan Festival

In the heart of Lanao del Norte lies the picturesque municipality of Kauswagan, a place that has undergone a remarkable transformation over the years. Once marred by conflict and strife, Kauswagan has emerged as a beacon of hope and resilience under the visionary leadership of Mayor Rommel Arnado.




Mayor Rommel Arnado's Vision for Peace and Prosperity

Mayor Arnado's leadership has been instrumental in steering Kauswagan away from its turbulent past towards a future defined by peace and prosperity. His visionary initiative, aptly named "From Arms to Farms," symbolizes a paradigm shift in the municipality's trajectory. Instead of perpetuating violence and discord, Mayor Arnado envisioned a community where former combatants could reintegrate into society as productive members.




The Impact of "From Arms to Farms" Program

Through the "From Arms to Farms" program, Mayor Arnado orchestrated a transformative journey for Kauswagan. By providing opportunities for former combatants to engage in farming activities, the program not only offered them a means of livelihood but also fostered a sense of belonging and purpose. These individuals, once entrenched in conflict, found solace and stability in cultivating the land, sowing seeds of peace amidst the fertile soil of Kauswagan.


The success of Mayor Arnado's vision is evident in the tangible outcomes witnessed across the municipality. As former combatants now use farming tools instead of arms, Kauswagan witnessed a gradual but profound shift in its social fabric. Communities once divided by strife began to coalesce around shared aspirations of growth and development. Through collaborative efforts and collective determination, Kauswagan transformed from a battleground into a thriving community where peace reigns supreme.


Indeed, Mayor Arnado's unwavering commitment to reconciliation and progress has paved the way for Kauswagan's resurgence. His bold vision, coupled with pragmatic action, has not only healed the wounds of the past but also laid the foundation for a brighter tomorrow. As Kauswagan continues to embark on its journey of transformation, Mayor Arnado's legacy serves as a guiding light, reminding us of the power of leadership, empathy, and the indomitable human spirit.


Hospitality and Recreation: Seaside Spectrum Hotel and Restaurant

In the pursuit of bolstering tourism and fostering economic growth, Kauswagan has made significant strides in enhancing its hospitality and recreational offerings. Central to this endeavor is the establishment of the Seaside Spectrum Hotel and Restaurant, a landmark that epitomizes the municipality's commitment to providing unparalleled experiences for both locals and tourists alike.




The opening of the Seaside Spectrum Hotel and Restaurant heralded a new era of hospitality in Kauswagan. Situated along the pristine coastline of the Poblacion, this iconic establishment stands as a testament to the municipality's dedication to providing world-class accommodations and leisure facilities.


From the moment guests step foot into the lobby, they are greeted with an ambiance of sophistication and warmth. The hotel's architectural marvels, adorned with modern amenities and stylish dΓ©cor, offer a seamless blend of comfort and elegance. Each room is meticulously designed to ensure utmost relaxation and tranquility, providing a sanctuary amidst the bustling Poblacion area.


Beyond its lavish accommodations, the Seaside Spectrum Hotel boasts an array of recreational offerings that cater to the diverse interests of its guests. Whether indulging in delectable culinary delights at the restaurant, unwinding with a refreshing cocktail at the bar with live entertainment performances at night, visitors are spoiled for choice when it comes to leisure activities.


Culinary Delights: The Fisherman’s Wharf Food Park

The Fisherman’s Wharf Food Park stands out as a beacon of gastronomic excellence, offering a tantalizing array of flavors and experiences to tantalize the taste buds of locals and visitors alike.

Located within the heart of the municipality, The Fisherman’s Wharf Food Park is more than just a dining destination—it's a culinary haven where food aficionados can embark on a journey of discovery and indulgence. As patrons step foot into this vibrant establishment, they are greeted by a kaleidoscope of sights, sounds, and aromas that beckon them to explore the myriad flavors awaiting within.


One of the hallmarks of The Fisherman’s Wharf Food Park is its diverse range of food stalls, each offering a unique culinary experience crafted with passion and creativity. From traditional Filipino favorites to international delights, there's something to satisfy every palate. Whether craving the fiery kick of Spicy King's specialties, the smoky goodness of JK Smokehouse's barbecue delights, or the comforting warmth of Dungkoy’s Gotong Batangas and Bulalo A.T.B.P, patrons are spoilt for choice.




The Fisherman’s Wharf Food Park Food Tenants/Stores:

πŸ’₯ Spicy King

πŸ’₯ JK Smokehouse

πŸ’₯ Dungkoy’s Gotong Batangas, Bulalo A.T.B.P

πŸ’₯ Wing Eat

πŸ’₯ Jeju Samgyupsal

πŸ’₯ Hungry Snackbar

πŸ’₯ Goldenmer Sutokil

πŸ’₯ Sabarre Seafoods & Grill

πŸ’₯ Batang Merkado Food & Beer

πŸ’₯ Jevaun’s Grill & Snack Bar

πŸ’₯ Farm to Table

πŸ’₯ Del-Sai


Moreover, The Fisherman’s Wharf Food Park isn't just about food—it's a place where friends and families gather to create lasting memories over delicious meals and lively conversations. With its inviting ambiance and vibrant atmosphere, it serves as a hub of social activity and community engagement, fostering connections and camaraderie among its patrons.


Beyond its culinary offerings, The Fisherman’s Wharf Food Park also boasts an entertainment center, adding an extra layer of excitement and fun to the dining experience. Whether enjoying live music performances, engaging in thrilling games, or simply soaking in the lively ambiance, visitors are guaranteed a memorable outing that transcends mere dining.


Tourism Attraction: Longest Boardwalk with Amusement Park



Kauswagan takes its commitment to tourism to new heights with the introduction of its Longest Boardwalk with Amusement Park—an iconic attraction that not only offers breathtaking sunset views but also promises a plethora of amusement rides and fun-filled activities for visitors of all ages.




Stretching along the serene coastline, the Longest Boardwalk stands as a testament to Kauswagan's dedication to providing unforgettable experiences for tourists and locals alike. As visitors stroll along the boardwalk, they are treated to panoramic vistas of the shimmering sea, where the sun dips below the horizon in a spectacular display of colors—a sight that never fails to mesmerize.


The Longest Boardwalk is not only a scenic marvel but also a hub of entertainment and leisure. From thrilling amusement rides to charming seaside food stalls and cafes, there's something for everyone to enjoy. Families can bond over fun-filled activities, couples can savor romantic strolls along the boardwalk, and adventure-seekers can indulge in adrenaline-pumping rides—all against the backdrop of Kauswagan's natural beauty.


Promotion of Organic Farming

In our journey to understand how Kauswagan supports organic farming, we visited two big farms: Rama Farm in Barangay Libertad and Jalen's Farm in Barangay Tugar. These farms are important because they show how Kauswagan is working hard to grow food in a way that's good for the environment.





At Rama Farm, workers grow organic vegetables, fruits, and animals like chickens, pigs, and goats. They use special ways to take care of the land and the animals without harming the environment. For example, they use natural ways to keep pests away from the crops instead of using chemicals.


Jalen's Farm is similar. They also grow organic food, they make sure that everything they do helps the environment, like using natural fertilizers instead of chemicals.


Visiting these farms showed us that Kauswagan is serious about protecting the environment while growing food. It's important because it helps keep the land healthy for a long time, so we can continue to enjoy fresh and healthy food for years to come.


The Highlights of the Hugyaw sa Kadagatan Festival

The Hugyaw sa Kadagatan Festival is a vibrant celebration held in Kauswagan, Lanao del Norte, showcasing the rich cultural heritage and maritime traditions of the region. Unlike traditional festivals where dancers parade along the streets, the Hugyaw sa Kadagatan Festival takes a unique approach with its Gakit and Sea Dancing Competition, as well as the prestigious Miss Hugyaw sa Kadagatan Pageant.


Gakit and Sea Dancing Competition




The Gakit and Sea Dancing Competition is the centerpiece of the Hugyaw sa Kadagatan Festival. Unlike any other festivals, where dancers perform on land, participants in this competition showcase their skills while dancing on colorful decorated floats set adrift on the sea. This distinctive feature sets the festival apart, drawing crowds from far and wide to witness the spectacle.


The competition not only celebrates the cultural heritage of the region but also pays homage to its deep connection to the sea. Dancers adorned in vibrant costumes sway to the rhythm of traditional music, creating a mesmerizing display that captivates spectators. The picturesque backdrop of the open sea adds to the enchantment, making it a truly unforgettable experience for all who attend.


Miss Hugyaw sa Kadagatan Pageant




Another highlight of the festival is the Miss Hugyaw sa Kadagatan Pageant, where young women from the community compete for the title of Miss Hugyaw sa Kadagatan. This prestigious event showcases the grace, elegance, and intelligence of its contestants, embodying the spirit of the festival.

The pageant not only crowns a new queen but also serves as a platform to promote tourism and charitable causes in the region. Contestants participate in various rounds, including swimwear competition, evening gown presentations, and question-and-answer segments, before a panel of esteemed judges.


Winners of Miss Hugyaw sa Kadagatan 2024




The recently concluded Miss Hugyaw sa Kadagatan 2024 pageant crowned Aaliyah Mae Labis as this year's queen. Alongside her, Stephannee Dominise was awarded the title of Miss Hugyaw Tourism 2024, while Lisa Marie Suan was honored with the title of Miss Hugyaw Charity 2024.


In addition to the winners, Clarisse Jade Antipuesto and Princess Nicole Segundo were named 1st Runner Up and 2nd Runner Up, respectively. Each of these remarkable women embodies the grace, poise, and compassion befitting of a Hugyaw sa Kadagatan queen.



The Hugyaw sa Kadagatan Festival celebrates the cultural diversity and maritime heritage of Kauswagan, Lanao del Norte, in a truly spectacular fashion. Through events like the Gakit and Sea Dancing Competition and the Miss Hugyaw sa Kadagatan Pageant, the festival not only entertains but also educates and inspires, fostering a sense of pride and unity within the community.


As we celebrate the achievements of the festival's participants and winners, let us also recognize the importance of preserving and promoting our local culture and traditions. The Hugyaw sa Kadagatan Festival serves as a reminder of the beauty and richness of our maritime heritage, and it is incumbent upon us to cherish and safeguard it for future generations to enjoy.


Tuesday, April 23, 2024

SM Prime marks 30th anniversary with record-breaking income, PHP 100 billion investment for 2024


SM Prime’s (L-R): Assistant Corporate Secretary Arthur Sy, Corporate Secretary Atty. Elmer Serrano, Chief Finance Officer and Chief Compliance Officer John Nai Peng Ong, President Jeffrey Lim, Independent Director Atty.  Darlene Marie Berberabe, Chairman of the Board Henry Sy Jr., Vice Chairman and Lead Independent Director Amando Tetangco Jr., Non-Executive Director Herbert Sy, Chairman of the Executive Committee Hans Sy, and Non-Executive Director Jorge Mendiola


Manila, Philippines - SM Prime Holdings, Inc. (SMPH), the leading integrated property developer in the Philippines, marks its 30th anniversary as a publicly listed company with the announcement of its highest-ever recorded income and a ₱100 billion investment for its partners, stakeholders, and communities they operate in. With eyes set on the future, SM Prime reaffirms its position as a catalyst for economic development and community advancement.


Record-Breaking Performance

From Left to Right, Top to Bottom: Lanson Place, SM Development Corporation (SMDC) Turf Residences, SM City Yangzhou in China, SM Mega Tower, SM Mall of Asia Complex, and SM City North EDSA



During the Annual Stockholders Meeting held on April 23, 2024, SM Prime announced its highest-ever recorded income, reaching PHP40 billion in consolidated net income, marking a 33% increase from 2022. Additionally, the company's revenues surged by 21%, soaring to PHP128.1 billion, a notable growth from the previous year. The consolidated operating income also saw significant growth, rising by 24% to PHP61.3 billion.


The outstanding performance can be attributed to SM Prime's mall business, driving 56% of consolidated revenues and a 30% growth to PHP71.9 billion in 2023. This growth was bolstered by a 24% increase in mall rental income, amounting to PHP61.3 billion. Moreover, the opening of four new malls in 2023 expanded SM's retail presence to 85 malls in the Philippines and 8 malls in China.


Meanwhile, SM Prime's residential business group, led by SM Development Corporation (SMDC), recorded an 8% growth in revenues to PHP43.1 billion in 2023. The residential group's gross profit rose by 15% to PHP25.4 billion, with reservation sales standing at PHP102 billion.


In addition to its mall and residential businesses, SM Prime's other key segments, comprising offices, hotels, and convention centers, contributed 10% of consolidated revenues, reported PHP13.1 billion in revenues in 2023, marking a remarkable 26% increase from the previous year. 


Commitment to Shared Growth

4 New SM Malls in 2024: SM City Caloocan, SM City J Mall, SM City Laoag, and SM City La Union


At the core of SM Prime's success is its unwavering commitment to shared prosperity in every city where they are present. With a strategic ₱100 billion investment capital expenditure in 2024, SM Prime aims to reinvest in its partners, stakeholders, and communities. 


SM Prime aims to continuously expand and develop new places for every Filipino to enjoy. 60% will be dedicated to enhancing its malls, development of new residential properties under SMDC, and construction of new hotels and convention centers. 40% will be directed towards acquiring new properties and coastal developments to pave the way for modern, eco-friendly urbanization.


Commitment to Environmental Sustainability and Disaster Resilience 

From Left to Right, Top to Bottom: SM Foundation’s Grow Trees Community Program, SM Cares’ Bike-Friendly Program, ARISE Philippines Chairperson Mr. Hans Sy and Members, SM Supermalls x Bureau of Fire Protection’s (BFP) Nationwide Simultaneous Fire Drill, SM Supermalls’ Electric Vehicle (EV) Charging Stations, and SM Prime’s Solar Rooftop Project


SM Prime has always been committed towards creating a sustainable future. SM Prime continues to work towards its goal of achieving Net Zero carbon emissions by 2040, aligning with the Department of Energy's target of reaching a 35% renewable energy share by 2030.  Through partnerships with renewable energy suppliers and organizations like the World Wildlife Fund for Nature (WWF), SM Prime endeavors to reduce its environmental footprint and advocate for sustainable practices in all areas of its operations.

SM Supermalls' SM Cares and SMDC's The Good Guys also remain actively engaged in various community initiatives, such as conducting community disaster preparedness programs, providing support programs for senior citizens and persons with disabilities, and promoting job generation and entrepreneurship through nationwide job fairs and MSME programs. Other initiatives include coastal clean-ups, the donation of school buildings and fire trucks, and the organization of eco-camps for youth. 

Jeffrey C. Lim, President of SM Prime Holdings shared, “At SM Prime, we're not just building spaces; we're cultivating lifetimes of progress and shared growth. Our commitment lies in empowering Filipinos to thrive within their neighborhoods, whether through convenient shopping experiences at SM Supermalls, quality living in SMDC homes, or fulfilling work environments in our office properties. We believe that individual success fuels community prosperity, creating opportunities, and driving the nation's growth for many years to come.”


SM Prime remains committed to its role as a catalyst for economic growth, delivering innovative and sustainable lifestyle cities, thereby enriching the quality of life of millions of people. For more information, visit www.smprime.com.


Thursday, April 4, 2024

Forest Fest 2024: Celebrating People, Enterprises, and Products that Foster Forest Protection and Conservation in Mindanao


Forest Fest 2024
, a collaboration between Forest Foundation Philippines (FFP) and The Spark Project, is poised to take place from April 18 to 20, 2024, at Ayala Malls Centrio. This event aims to celebrate individuals, enterprises, and products that champion forest protection and conservation in Mindanao.

Atty. Jose Andres Canivel, FFP's Executive Director, highlights the importance of social enterprises in forest conservation efforts, emphasizing their role in promoting inclusive economic growth while safeguarding natural resources.

Forest Fest 2024 will span three days at Ayala's Activity Center, serving as a platform for various stakeholders to convene and exchange innovative ideas on forest conservation. Attendees can participate in workshops, talks, and exhibitions showcasing initiatives and products that advocate for forest protection and conservation in Bukidnon and Misamis Oriental.


Patch Dulay, founder and CEO of The Spark Project
, underscores the event's goal of inspiring entrepreneurs passionate about forest conservation by providing access to grants and funding opportunities.

With the delicate balance of ecosystems and biodiversity under threat from human activities, Forest Fest 2024 aims to address forest conservation issues in Bukidnon and Misamis Oriental through nature-based enterprises. These enterprises operate in harmony with the environment, generating income and livelihood opportunities for local communities while conserving natural resources.

The event also seeks to foster relationships and collaborations critical for sustainable forest management by offering networking opportunities.


Forest Fest 2024 is made possible through the collaboration of FFP, The Spark Project, Ayala Malls Centrio, Association of Young Environmental Journalists (AYEJ), Talarak Foundation Inc., and Xavier Science Foundation.

Individuals are invited to participate in the celebrations at Ayala Mall Centrio's Activity Center and support forest-dependent communities by patronizing homegrown products. Join the pitch fest to ideate and accelerate solutions that ensure a better future for both humanity and the forests of Mindanao.

For more information, visit bit.ly/ForestFest2024.

#ForestFest2024 #socialentrepreneur #sustainabilityph #socialenterpriseph #forestconservation #environmentalentrepreneur

About the Organizations:

Forest Foundation Philippines is a non-governmental organization dedicated to providing grants and technical assistance to individuals and organizations committed to protecting and conserving forests.