Philippines' SM Group to open mall in China's Xiamen in October

Retail giant eyes expansion in the country, more investment at home

20250911 SM Group mall

A SM Group shopping mall in Davao, Philippines: The company will spend $2.6 billion between 2026 and 2030 to build new malls in the Philippines and revamp existing ones. (Photo by Yuki Fujita)

YUKI FUJITA

MANILA -- SM Group, the biggest retail conglomerate in the Philippines, said Thursday that it will open a shopping mall in the southeastern Chinese city of Xiamen next month, its ninth large shopping center in China.

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