The Philippines’ shopping mall chains have virtually taken over the provinces, branching toward every urbanizing town or city to offer products that provincial customers used to buy only from Metro Manila stores.
Tycoon Henry Sy has boosted his portfolio of shopping malls in mainland China with the opening of SM City Chongqing in southwest China on Friday, the group’s fifth in Asia’s largest economy.
Premier developer Megaworld Corporation, continuously setting higher standards of excellence in the real estate industry, recently made EEI Corporation its general contractor for three upscale developments in its Uptown Bonifacio township project, touted as the country’s brand-new central business district.
Pepsi-Cola Products Philippines Inc. has bagged a deal with property developer Robinsons Land Corp. to exclusively supply beverage to the latter’s food courts and cinemas in shopping malls across the country.
Gokongwei-led Robinsons Land Corp. is set to build its 34th mall in the country—a three-story full-service mall in Santiago City, Isabela, which will open for business in September next year.
The country’s largest retail and mall chain, ShoeMart, is bringing Japanese casual clothing brand UNIQLO to the Philippines.
