MANILA - SM Supermalls is planning to open two new malls this year and another five outlets by 2024, its President Steven Tan said on Monday.

The Sy-led group said it remains optimistic about growth in the retail industry, which is expected to get a boost from the onset of the "ber months" or the start of the holiday season. Shoppers usually flock to the malls as they prepare for the holiday season.

In a briefing ahead of SM Supermalls’ Tenant-Partners Summit, Tan told ABS-CBN News that they are also expecting higher demand in the coming months despite elevated inflation.

“People will come back to the malls… We had more serious crises but Filipinos are more resilient and love going out," he said.

"There may be [a] shift in prioritization but we’re confident with the retail environment with 'ber' months and the shifting of the school year,” he added.

He also said the company's performance in the first quarter was "even better than pre-pandemic level." Tan also said they are boosting their online shopping platforms to offer more options for consumers.

<h1>SM eyes opening 2 new malls this year, 5 next year</h1>MANILA - SM Supermalls is planning to open two new malls this year and another five outlets by 2024, its President Steven Tan said on Monday.The Sy-led group said it remains optimistic about growth in the retail industry, which is expected to get a boost from the onset of the "ber months" or the start of the holiday season. Shoppers usually flock to the malls as they prepare for the holiday season.In a briefing ahead of SM Supermalls’ Tenant-Partners Summit, Tan told ABS-CBN News that they are also expecting higher demand in the coming months despite elevated inflation.“People will come back to the malls… We had more serious crises but Filipinos are more resilient and love going out," he said."There may be [a] shift in prioritization but we’re confident with the retail environment with 'ber' months and the shifting of the school year,” he added.He also said the company's performance in the first quarter was "even better than pre-pandemic level." Tan also said they are boosting their online shopping platforms to offer more options for consumers.

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SM eyes opening 2 new malls this year, 5 next year

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SM Investments Corporation (SM Investments), one of the Philippines' leading conglomerates, bagged the top spot in two categories in the recently concluded 13th Institutional Investor Corporate Awards by Alpha Southeast Asia magazine. The winners were based on a poll of investors and analysts in the region.

This is SM Investments' twelfth win for the Most Organized Investor Relations and its eighth win as the company with the strongest adherence to corporate governance in this annual investors' poll.

"We are grateful to Alpha Southeast Asia and industry investors for recognizing the company's work in upholding the highest standards in investor relations and corporate governance," Frederic&nbsp;C. DyBuncio, SM Investments President and Chief Executive Officer, said.

SM Investments was also named as one of the top companies with Best Senior Management IR Support and Best Strategic CSR.

"We are cognizant of how our developments impact many communities. We are committed to serving these communities and enhancing value for all our stakeholders," Mr. DyBuncio added.

The poll was conducted from January to June this year based on tallied votes among 586 investors and analysts with exposure to the&nbsp;Southeast Asia&nbsp;region,&nbsp;according to the&nbsp;Hong Kong-based investment magazine, Alpha Southeast Asia magazine.

<h1>SM Investments still the most organized in investor relations, strongest in adherence to corporate governance in Southeast Asia</h1>SM Investments Corporation (SM Investments), one of the Philippines' leading conglomerates, bagged the top spot in two categories in the recently concluded 13th Institutional Investor Corporate Awards by Alpha Southeast Asia magazine. The winners were based on a poll of investors and analysts in the region.This is SM Investments' twelfth win for the Most Organized Investor Relations and its eighth win as the company with the strongest adherence to corporate governance in this annual investors' poll."We are grateful to Alpha Southeast Asia and industry investors for recognizing the company's work in upholding the highest standards in investor relations and corporate governance," Frederic&nbsp;C. DyBuncio, SM Investments President and Chief Executive Officer, said.SM Investments was also named as one of the top companies with Best Senior Management IR Support and Best Strategic CSR."We are cognizant of how our developments impact many communities. We are committed to serving these communities and enhancing value for all our stakeholders," Mr. DyBuncio added.The poll was conducted from January to June this year based on tallied votes among 586 investors and analysts with exposure to the&nbsp;Southeast Asia&nbsp;region,&nbsp;according to the&nbsp;Hong Kong-based investment magazine, Alpha Southeast Asia magazine.

SM Investments still the most organized in investor relations, strongest in adherence to corporate governance in Southeast Asia

MANILA, Philippines —&nbsp;SM Prime Holdings Inc. (SM Prime), the Sy-led property developer, reported a net income of P19.4 billion in the first half of the year, up 38 percent from the P14.1 billion recorded a year ago.

This is supported by the 29 percent growth in consolidated revenues to P59.9 billion from P46.3 billion.

In the second quarter alone, net income grew by 49 percent to P10 billion from P6.7 billion last year.

This is on the back of a 39 percent growth in consolidated revenues to P31.2 billion from P22.5 billion in the same period being reviewed.

SM Prime’s Philippine mall business revenues grew by 30 percent in the second quarter to P16.1 billion from P12.4 billion last year. For the first half, revenues reached P31.5 billion, an increase of 53 percent.

On the other hand, SM Prime’s China mall business reported RMB398 million in revenues in the first six months or an improvement of $55 million from the previous year.

SM Prime’s primary residential business, led by SM Development Corp. (SMDC), registered P9.9 billion in revenues in the second quarter, 82 percent higher than P5.4 billion recorded in the same quarter last year.

SMDC recorded P68.5 billion in reservation sales, up 15 percent from P59.4 billion, translating to a 17 percent growth in unit sales in the first half.

The improving market condition provided local and overseas Filipino buyers capacity to invest in SM Prime’s residential projects.

SM Prime’s other business segments, which include offices, hotels, and convention centers, recorded a 40 percent growth in revenue to P6.2 billion in the first half.

The Sy-led listed property developer said that it 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.

<h1>SM Prime profit climbs 38 percent in H1</h1>MANILA, Philippines —&nbsp;SM Prime Holdings Inc. (SM Prime), the Sy-led property developer, reported a net income of P19.4 billion in the first half of the year, up 38 percent from the P14.1 billion recorded a year ago.This is supported by the 29 percent growth in consolidated revenues to P59.9 billion from P46.3 billion.In the second quarter alone, net income grew by 49 percent to P10 billion from P6.7 billion last year.This is on the back of a 39 percent growth in consolidated revenues to P31.2 billion from P22.5 billion in the same period being reviewed.SM Prime’s Philippine mall business revenues grew by 30 percent in the second quarter to P16.1 billion from P12.4 billion last year. For the first half, revenues reached P31.5 billion, an increase of 53 percent.On the other hand, SM Prime’s China mall business reported RMB398 million in revenues in the first six months or an improvement of $55 million from the previous year.SM Prime’s primary residential business, led by SM Development Corp. (SMDC), registered P9.9 billion in revenues in the second quarter, 82 percent higher than P5.4 billion recorded in the same quarter last year.SMDC recorded P68.5 billion in reservation sales, up 15 percent from P59.4 billion, translating to a 17 percent growth in unit sales in the first half.The improving market condition provided local and overseas Filipino buyers capacity to invest in SM Prime’s residential projects.SM Prime’s other business segments, which include offices, hotels, and convention centers, recorded a 40 percent growth in revenue to P6.2 billion in the first half.The Sy-led listed property developer said that it 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.

SM Prime profit climbs 38 percent in H1

This is the second installment of the State of the <a href="https://kwen2co.com/">Media</a> and Information Literacy in the Philippines series. This article explores the strengths and weaknesses of Media and Information Literacy (MIL) in the Philippines. It highlights the integration of MIL as a subject into the Senior High School curriculum and the challenges in implementation.

The Philippines recognizes Media and Information Literacy (MIL) as crucial in developing an active and well-informed citizenry in the modern world. Hence, the Department of Education (DepED) integrated this into its Senior High School (SHS) curriculum.&nbsp;

As a good initiative, this article will examine the policies and the subject content. It will also disect the progress made and the challenges that remain.

The Evolution of MIL in the Philippines

Media and Information Literacy&nbsp; in the Philippines is a response to both global trends and local needs for enhanced media literacy. With the advent of social media and the proliferation of fake news, the national adoption of MIL as a course demonstrates a commitment to equipping students with the critical skills needed to navigate the complex media landscape of the 21st century.

The inclusion of MIL as a core subject in the SHS curriculum is a significant step forward. It aims to guide students to become responsible media consumers and producers. This covers topics like media evolution, information literacy, media sources, and ethical media practices.

Key Components and Teacher Training

The said curriculum is comprehensive since it encompasses both traditional and digital media. To effectively deliver this curriculum, teacher training programs like the "Understanding and Utilizing Media in Teaching" seminar-workshops have been implemented.&nbsp;

However, challenges in teacher preparation and aligning training with curriculum requirements persist. These include the lack of relevant materials aligned with the curriculum and the lack of the competency of the teacher to teach the subjects and limited resources as well.

The Role of Teachers and Community Engagement

Despite the challenges teachers face in teaching MIL education to their students, they are willing to take the challenge because they recognize the importance of a well-informed citizenry in shaping the future of the Philippines. On the other hand, there are community engagement initiatives like the #FactsFirstPH of Rappler that plays a critical role in extending MIL education beyond formal settings. These programs promote critical thinking skills and digital hygiene to combating disinformation.

There are localized efforts to widen the reach of MIL education in the country. An example would be the likes of those in Isla Culion in Palawan. This shows the strengths of the Philippine MIL landscape. First, the Philippines prioritized the inclusion of MIL in the national curriculum. Second, it is inclusive to all Filipinos especially in remote areas because these initiatives addressed such problems through community-based approaches by going to far-flung places.

Despite these strengths, weaknesses remain. These include the lack of teacher preparedness, limited resources, time constraints within the curriculum, and disparities in regional implementation. To address these disparities, the Philippine government must target efforts to ensure equitable access to resources and training across the country.&nbsp;

Moreover, MIL education is useless if there is no access to information among people in remote areas so it should be a priority of the government to make information as affordable and accessible as possible.

Impact on Students and Policy Recommendations

MIL education equips students with critical thinking, digital literacy, and responsible media consumption skills. These are essential to explore the media-saturated world. Hence, when these youth become eligible voters they can decipher the facts against propaganda among bad actors that aim to skew elections and tarnish public opinions on certain issues. This could make young students as informed citizens of the future.&nbsp;

With regards to policy recommendations, there should government support to ensure that the goals of MIL education are met. This includes funding, collaboration with NGO’s, and policy interventions.&nbsp;

The success of MIL in the Philippines depends on how the government address current weaknesses, the build up on existing strengths, and the continouous adaptability to meet the changing media landscape.&nbsp;

After all, the ultimate goal is to empower future generations with the skills to critically engage with media and information, ensuring a well-informed and discerning citizenry.

The Philippine MIL landscape has made remarkable progress, but there are still improvements to be done. Through strengthened teacher training, ensured resource availability, and proper curriculum implementation, the full potential of MIL education can be realized. This will benefit students across the nation and will foster a more media-literate society.

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The Philippine Media and Information Literacy Landscape: An Overview

This is the third installment of the State of the <a href="https://kwen2co.com/">Media</a> and Information <a href="https://kwen2co.com/a-cornerstone-the-role-of-media-and-information-literacy/">Literacy </a>in the Philippines series. This article uncovers the socio-economic, cultural, and technological barriers hindering Media and Information Literacy (MIL) in the country, and explores effective solutions to promote digital literacy and critical thinking.

The previous article tackled how Media and Information Literacy (MIL) education faces an uphill battle on how to make it accessible to several students regardless of their geographic location and their socio-economic status in the Philippines.These obstacles are due to several barriers such as socio-economic and cultural factors. They limit the widespread adoption and effectiveness of MIL education.&nbsp;

These issues have to be addressed to ensure that the critical thinking and responsible media consumption of Filipino students are upskilled. It is MIL education that builds a well-informed and empowered citizenry.

This is probably one of the most significant obstacles to MIL access in the Philippines. Since a larger portion of the population lives below the poverty line, many families cannot afford essential digital devices or internet connectivity. As a result, students from low-income families are at a disadvantage that they are unable to practice and develop MIL skills, which are increasingly necessary in today's digital world.

Underfunded public schools often face severe resource limitations. They lack the educational materials that are necessary to aid their education. Sadly, this negatively impacts inaccessibility to MIL-related materials because they are deemed secondary important compared to classrooms, chalks, and the like. Without the said materials, it is difficult to build MIL skills for children because it takes practice to hone these skill sets.

Teacher Training and Professional Development

The effectiveness of MIL education heavily relies on the preparedness of teachers. Unfortunately, many educators in the Philippines report feeling inadequately prepared to teach MIL. This is largely due to insufficient training and limited access to professional development opportunities that focus on MIL. Without proper training, teachers may lack the confidence and skills needed to effectively deliver MIL content, resulting in a diminished educational experience for students.

First, the government must ensure that economic mobility is improved so that they can afford the said digital resources. Then, the government should allocate better funding for these projects. Get private sector donations to fill in the gap when necessary such as tax breaks on information technology and the like. Lastly, set some priorities for the development of MIL access. It may seem MIL-related materials are deemed unnecessary compared to STEM subjects but the fast-changing world is now relying on more recent information and these materials could bridge that gap.

Cultural Differences and Traditional Beliefs

Cultural attitudes towards media consumption and information dissemination can significantly impact MIL. Different cultures have different ways to absorb information. Sometimes, this information does not adhere to the philosophies of these cultures. Even if others argue that this is the price of critical thinking, it is hard to change minds in a snap especially if these are the cultural norms they grew up with.

The Philippines is a multilingual nation; hence, there are several spoken languages that they are accustomed to or more proficient with. Usually, the medium of communication among these MIL-related contents is in English. So, usually, there may be some miscommunication along the communication process. However, with the advancement of technology, this became less of a problem due to the translation abilities of such technology.&nbsp;

The initiatives of awareness campaigns and more people becoming vocal about presenting a different point of view. Yes, there may be some clashes of thoughts but that is the payment to make all people open to different points of view which are essential to MIL.&nbsp;

Due to the lack of technological infrastructure and affordability, technological obstacles persist. First, the stark digital divide remains a significant challenge because poverty prevents households from buying the necessary gadgets that canteach them MIL skills.

Even if they could buy or avail such technology, internet connection is slow, expensive and unreliable, especially to rural and remote areas.&nbsp;

Overcoming the Technological Barriers

A multi-faceted approach is necessary to overcome these challenges. The following include:

·&nbsp; &nbsp; &nbsp; Policy interventions can ensure equitable access to digital resources and training for both students and teachers.&nbsp;

·&nbsp; &nbsp; &nbsp; Infrastructure development is crucial to bridge the digital divide and provide reliable internet access.&nbsp;

·&nbsp; &nbsp; &nbsp; Community engagement programs can address cultural and socio-economic barriers, while enhanced teacher training can equip educators with the necessary skills and resources to effectively teach MIL.

The barriers to MIL proficiency stem from different kinds of barriers such as socio-economic barriers, cultural barriers, and technological barriers. Each barrier has its own solutions and it is up to the government and community-based initiatives to implement those recommendations above in order to improve MIL access and its proficiency.

The purpose of an auditorium mirrors that of a conference room, but with a significant difference: it's capacity to host larger groups and cater to a wider variety of individuals. In an auditorium, executive committees, middle management, and rank-and-file employees are all invited to engage in discussions on important topics for the betterment of the organization. The key to keeping focus and productivity high during these meetings lies in the content of the discussions and the comfort provided by well-designed auditorium chairs and theater seating.

Top Performing Companies and Sectors: Drawing Inspiration from High-End Auditorium Chairs and Theater Seats.

Top-performing companies across various sectors have become the top inspirations for emerging businesses in creating a diverse and dynamic working atmosphere. These high-profile organizations would have reached their current status with a dedicated center or forum to discuss and tackle all sorts of business integrations. Innovation, effective collaboration, and inspiration have flourished in spaces designed to gather people in a structured way — the auditorium.

When it comes to designing the perfect auditorium, choosing the right cinema seats or movie theater seats can make all the difference. Here are a few important considerations when deciding on the ideal theater seating for your space:

One of the first things to consider when choosing<a href="https://rocco.ph/collections/theater-seat"> theater chairs </a>or <a href="https://rocco.ph/collections/theater-seat">auditorium seating</a> is the audience. It is vital to understand who will be using the space to ensure the seating arrangement is both functional and comfortable. Different types of events and audiences require different types of seats.

For example, in auditoriums that serve a wider range of people — from entry-level employees to executives and VIPs — it may be a good idea to reserve the front row or VIP sections with deluxe cinema seats or luxury theater chairs. These high-end seats can offer extra comfort and make a lasting impression on important guests. Features such as plush upholstery, ample armrests, and built-in cup holders can significantly enhance the overall experience.

What Does the Auditorium Symbolize for the Organization?

For many organizations, the design of their theater seating or auditorium chairs is an expression of their brand and values. Just as companies invest in branding through logos and color schemes, they may also choose concert hall chairs or cinema chairs that reflect the company’s aesthetic and culture.

Some companies opt for customized theater seats or auditorium chairs, adding their company logo or brand colors to the upholstery. This subtle yet powerful personalization helps reinforce the organization’s core values and mission during every event held in the auditorium. From an operational perspective, it's important to select theater seating that is both stylish and functional. For example, ergonomic auditorium chairs ensure that attendees are comfortable during long meetings or presentations while maintaining an elegant appearance.

The Purpose of the Auditorium: What Function Will It Serve?

Different auditoriums serve different purposes. Some are dedicated to conferences and seminars, while others may be used for presentations, lectures, or entertainment events such as film screenings or concerts. The type of event you plan to host will influence the type of theater seating you choose.

For auditoriums that will primarily be used for conferences, seminars, or symposia, the auditorium chairs may require specific features to enhance comfort and functionality. Consider seating with adjustable armrests, foldable writing tables, or even cinema seats with built-in power outlets for laptops. This ensures that attendees can take notes or participate in interactive sessions without being distracted by discomfort.

Theater Spaces for Film Screenings or Performances

In auditoriums designed for film screenings or live performances, movie theater seats and cinema chairs are often the best choice. These chairs are designed with comfort in mind for long periods of use, making them ideal for cinema environments or concert halls. Features like reclining functions, cup holders, and sound insulation can elevate the experience, ensuring that audience members are immersed in the content without distraction.

The seating arrangement plays a significant role in ensuring a functional and engaging experience for the audience. When designing the layout of the auditorium, you need to consider the floor space and the desired seating configuration. Whether the event involves a large audience or an intimate gathering, the arrangement can impact the overall atmosphere and engagement.

For a more formal or traditional auditorium setting, the end-stage layout is often preferred. This layout is designed with a central stage or screen at the front, ideal for presentations, lectures, or movie theater seats during film screenings. The rows of theater seats are typically arranged in a way that all attendees can see and hear the speaker or performer.

For events where interaction between the speaker and the audience is important, a wide fan seating layout may be more appropriate. This type of arrangement brings the audience closer to the stage or speaker, creating a more intimate atmosphere. This is a great seating plan for town halls, panel discussions, or smaller corporate meetings where engaging with the audience is a priority.

For large-scale events where both visibility and sound quality are key, the ¾ arena seating arrangement is highly effective. This layout places seats in a semi-circular pattern around the stage, ensuring that every participant has a clear view of the speaker or performance. The auditorium chairs in this arrangement also offer excellent acoustics and sightlines, creating a balanced experience for all attendees.

When selecting the right theater chairs, there are several factors to consider beyond just aesthetics and comfort. You should also think about durability, maintenance, and warranty options. Here are some key considerations:

Since auditorium chairs and cinema seats are long-term investments, it is essential to ensure they are durable enough to withstand frequent use. Most manufacturers offer warranties on their products, so be sure to ask about the terms before making a purchase. A well-built chair should stand the test of time and provide value over the years.

Many companies choose to customize their theater seating better to match the aesthetic and functional needs of their space. Some of the most common customizations include adding cup holders to cinema chairs, incorporating logo embroidery, or choosing unique colors and fabrics that align with the organization’s brand.

Conclusion: The Right Seating for Your Organization’s Auditorium

Choosing the right auditorium chairs or theater seating is a crucial decision that will impact your auditorium space's comfort, functionality, and aesthetic. Whether you are outfitting a conference hall, movie theater, or concert hall, the right seating can significantly affect how your audience experiences the event. By carefully considering factors like audience type, event purpose, layout, and customization options, you can create an auditorium that is not only functional but also a reflection of your organization’s values and culture. Whether you choose luxury theater chairs for VIP sections or ergonomic cinema chairs for all attendees, the right choice of theater seating will set the stage for an engaging and successful event.

Ready to enhance your auditorium experience? Explore our wide range of high-quality seating options tailored to your needs. Head over to <a href="http://rocco.ph">ROCCO.PH - ROCCO Workspace Solutions</a> for expert advice, custom designs, and premium seating solutions that will elevate your venue.

Theater Seating 101: What You Need To Know

Manila, Philippines — November 13, 2024 — UNAWA, a leading digital transformation solutions provider, proudly announced its strategic partnership with <a href="https://www.ecoglobalconsulting.com/">EcoGlobal</a> at the 71st Annual National Convention and General Membership Assembly of the Rural Bankers Association of the Philippines (RBAP). The convention, held on November 12-13 at The Manila Hotel, showcased how cutting-edge technology can reshape the rural banking sector, enhancing financial inclusion and operational efficiency.

Through this collaboration, EcoGlobal’s core banking platform, ECOSLAi, will now include UNAWA’s digital solutions, such as electronic signature, digital forms, and <a href="https://unawa.asia/products/ucheck">AMLA (Anti-Money Laundering Act) name screening</a> technology. By integrating these innovations into EcoGlobal’s suite of core solutions, rural banks across the Philippines can expect streamlined regulatory compliance, reduced human error, and more seamless transaction experiences.

“Our partnership with EcoGlobal is more than just an integration of technology; it’s a commitment to uplifting rural banking by making regulatory compliance easier, faster, and more accurate,” said Atty. Jacinto. “We believe that by providing rural banks with the tools to automate and simplify compliance, we empower them to focus on their core mission—serving and growing their communities. This collaboration marks a step toward a more inclusive, digitally enabled future for rural banking in the Philippines.”

At the convention, UNAWA’s COO and Co-Founder, Atty. Gino Carmine de Sequera Jacinto, further expressed his enthusiasm about this transformative partnership. “UNAWA is honored to be selected by EcoGlobal as a technology partner, and we are excited about the potential of this integration to drive digital transformation within rural banks. Our tools simplify regulatory compliance and enable rural banks to focus on growth, customer service, and financial inclusion.”

EcoGlobal’s core banking ecosystem, ECOSLAi, emphasizes digital inclusion and economic growth by bringing together an array of innovative technology partners. The partnership with UNAWA is a part of EcoGlobal’s larger initiative to work with key digital solutions providers to serve rural banks better. Other partners introduced at the event include Mindox, FlexM, FinScore, and Triseed Solutions, all of whom are committed to supporting rural banks with digital innovation and financial empowerment.

EcoGlobal showcased its offerings and partner technologies at Booth 39-40 during the convention, inviting attendees to explore how ECOSLAi, together with UNAWA and other technology leaders, is shaping the future of rural banking in the Philippines. The event served as a unique opportunity for rural banks to explore comprehensive digital tools tailored to enhance their operations and meet evolving regulatory requirements.