SM to open 3 new malls



MANILA, Philippines — SM Prime Holdings Inc. (SMPHI) will open three new SM Supermalls this year as it continues to bet on the economy’s recovery following the onslaught of the COVID-19 pandemic.

This will bring the total number of SM malls in the Philippines to 79.

SMPHI president Jeffrey Lim said two of the three new SM malls are located in Luzon – SM City Daet in Camarines Norte and SM City Grand Central in Caloocan City.


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