THE Philippines’ biggest retail property developer is not at all bothered by the emergent e-commerce, not even considering the latter as a latent competitor but more as a shot in the arm.
“I am very bullish about that—I mean, SM’s commercial buildings and shopping centers,” SM Prime Holdings Inc. President Hans Sy told reporters Tuesday on a sidelines of the SM Group of Companies’ turnover of a P400-million building to the new University of the Philippines campus in the uptown Bonifacio Global City.
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