Save Manila Bay

Doubts on fate of reclamation projects weigh down SM Prime Holdings

January 1, 2020 12:07 am

INVESTORS bet on the future of Sy-led SM Prime Holdings, Inc. after President Rodrigo R. Duterte said he would not approve proposed Manila Bay reclamation projects unless proponents have safety measures for the environment and public health.

SM Prime was the second most actively traded stock last week, with a total of 57 million shares worth P2.31 billion exchanging hands from Jan. 14 to 17, data from the Philippine Stock Exchange (PSE) showed.

The stock was lower by 3.1% on a week-on-week basis to P40.70 apiece on Friday from its P42.00-per-share close on Jan. 10. Since the start of the year, the stock has fallen by 3.7%.

Categorised in:

Search
News Archives Missing mangroves are root of contention over Philippine airport projectScientist group warns against dump-and-fill, urges govt to implement science-informed rehab programsEnvironmental advocates question push for Bulacan airport during pandemicIt will take decades to replace mangroves cut down or built over, groups warnTaliptip folk hang on to their homes as work on Bulacan airport said to continueBulacan Aerotropolis Project: Goodbye birds, hello big metal birdsFisherfolk Communities Refused to Leave Homes to Accommodate International AirportBulacan Int`l Airport to start construction by October – SMCSTATEMENT: SCIENTIST GROUP OPPOSES RAILROADING OF BULACAN AEROTROPOLISCarpio: Cleanliness of Manila Bay affects health, food securityBulacan airport project seen to affect endangered, vulnerable migratory birdsGeologist warns of adverse ecological impact of Bulacan airportCommentary: Reclamation-related floods and increasingly inequitable developmentWhy the proposed new airport in Bulacan might hurt the country`s seafood supplyGroup to Cimatu: Revoke ECC for Bulacan Aerotropolis projectNeeded: A moratorium on reclamations‘Smokey Mountain pact needs Congress nod’On Manila Bay reclamation, Duterte says wait until next presidencyAs lockdown ends, activists brace to resume fight over Manila Bay reclamationWhile classes are on hold, students find ways to help affected communitiesDuterte urged to ban all Manila Bay reclamation projectsPRRD not keen on Manila Bay reclamation projectsDuterte thumbs down Manila Bay reclamation projectsDoubts on fate of reclamation projects weigh down SM Prime HoldingsFirm seeks gov’t nod for 2 reclamation projectsDENR doubles efforts to solve ‘garbage crisis’ in M. Manila to save Manila BayFishers question Manila Bay reclamation projects before DENRGroups urge ‘human rights due diligence’ on reclamation projects in Manila BaySaving Manila BayExpert warns against environmental impact of reclamation projects on Manila Bay Categories Bottom front photoEventsFooterGalleryMasonryMember OrganizationsNewsStudiesUncategorizedVideos