Tag Archives: Malls

New mall openings drive SM Prime’s income growth to P16.62B in H1


(Source: Business Mirror | August 6, 2018) Shopping mall operator SM Prime Holdings Inc. on Monday said its net income grew 16 percent during the first half of the year ending June, mainly as a result of new mall openings during the past few months. The company said first-half earnings grew to P16.62 billion, from P14.39 billion last year. Consolidated ...

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IGD: Asia’s leading large format retailers to grow 3.3% a year to 2022


(Source: IGD.com | July 27, 2018) Asia’s large format retailers are set to grow 3.3% a year to 2022, with Vietnam, India and Philippines forecast to see double-digit growth from large format players over five years, according to global research organisation IGD. Most of this growth is predicted to be driven by domestic retailers, except for Vietnam where foreign retailers ...

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SM readies mall expansion in north and south Luzon


(Source: Business World | July 23, 2018) SM Investments Corp. is looking at areas in northern and southern Luzon for the next stage of expansion of its shopping mall business, a top official of the Sy-led holding firm said. “Wala pa kaming northern Luzon, wala pa kaming southern Luzon. Wala pa kaming pababa doon,” SM Chairman Jose T. Sio told ...

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NCCC Buhangin to up Davao mall experience

NCCC mall

(Source: Sunstar | July 22, 2018) The New City Commercial Corp. (NCCC) Mall Buhangin, which opened on Sunday, July 22, 2018, promises to give Dabawenyos a better mall experience with upgraded architectural designs and more tenants available. Lafayette Lim, Chief Executive Officer (CEO) of LTS Pinnacle Holdings Incorporated, the mother company of the NCCC Group, in a roundtable discussion at ...

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Robinsons Land opens 50th mall

robinsons ad 300 x 100

(Source: Business World | July 20, 2018) Robinsons Land Corp. (RLC) expanded its shopping mall footprint with the opening of Robinsons Place Tuguegarao on Thursday, marking the 50th mall under its portfolio. The Gokongwei-led property developer said in a statement yesterday that Robinsons Place Tuguegarao will add 38,000 square meters (sq.m.) of leasable spaces to its network. The mall spans ...

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5 awesome facts about shopping in the Philippines


(Source: GMA News Online | July 12, 2018) From a place to get your essentials to your main source of entertainment, malls prove to be vital institutions in the Philippines. Shopping has become more fun in the country, thanks to the growth of the industry and its patrons. Put more meaning into the fun activity with some facts that may ...

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Singapore’s VivoCity mall opens basement extension


(Source: Inside Retail Asia | July 2, 2018) Singapore’s VivoCity mall has opened a new 3000sqm basement extension housing 10 fashion, athleisure and lifestyle brands. Mapletree Commercial Property Management VP for marketing communications Gwen Au said the new extension will allow shoppers to discover new retail concepts and expanded fashion and lifestyle collections. A new escalator lobby has been constructed ...

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Thailand’s Central Pattana invests US$3.1 billion in shopping centres


(Source: Inside Retail Asia | June 11, 2018) Thai shopping centre owner Central Pattana says it is revitalising its premium malls to “pioneer future trends of retail and tackle the digital era”. Under a “five-year vision” it calls ‘Co-creating Center for Life” – a name which appears to have lost its actual meaning in translation from Thai – it will ...

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Anton Huang celebrates SSI’s 30th year with 638 stores, expands food business


(Source: The Philippine Star | June 10, 2018) Did you know that Anton Huang used to inspect bras as one of his first jobs when he was a working student? Isn’t it cool for an industry leader, the president of Stores Specialists Inc.(SSI) Group, now celebrating its 30th year as the leading specialty retailer in the Philippines with a network ...

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W Mall brings community mall concept to a new level

(Source: Manila Bulletin | June 6, 2018) Located in the heart of Pasay City, Walter Mart Community Malls opens its W Mall in Macapagal outlet. True to its promise of bringing a complete and happy shopping experience to customers, it has 12,000 square meters of space and has a wide selection of tenants from food, services and wellness. The four- ...

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