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SM Seaside City in Cebu City. This is a list of notable shopping malls in the Philippines.The retail industry in the Philippines is an important contributor to the national economy as it accounts for approximately 15% of the country's total Gross National Product (GNP) and 33% of the entire services sector.
Shopping malls play an important role in the Philippine economy. Major Philippine mall chains include SM Supermalls, which has over 86 shopping malls around the country, and Ayala Malls, which has 31 shopping malls nationwide. Other major mall chains include Robinsons Malls, Walter Mart malls, Gaisano Malls, Ever Gotesco Malls, and Isetann.
The first enclosed shopping mall in the metropolis was Crystal Arcade located along Escolta Street in the downtown district of Binondo. This art deco building designed by Andrés Luna de San Pedro also housed the Manila Stock Exchange and was the Philippines' first air-conditioned building inaugurated on June 1, 1932.
The Chinatown Walk is a promenade within Lucky Chinatown where people can try Filipino-Chinese products. It is inspired by Hong Kong and Shanghai market alleys where Chinese merchants sell exotic Chinese delicacies, herbal medicine, and street food. The design and layout is also inspired by the Manila Chinatown of the past. [12]
Megaworld Lifestyle Malls is the retail and commercial arm of Megaworld Corporation, and is one of the largest mall developers in the Philippines. [1] It was founded in 2009, following the success of Megaworld’s first mall development, Eastwood Mall, in Quezon City.
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SM Prime Holdings, Inc. (SMPH) is a Filipino integrated property developer and a public subsidiary of SM Investments Corporation.It was incorporated on January 6, 1994, to develop, conduct, operate, and maintain the SM commercial shopping centers and all businesses related thereto, such as the lease of commercial spaces within the compound of shopping centers.
Robinsons Malls is one of the largest shopping malls and retail operators in the Philippines. [1] It was incorporated on September 9, 1997, by entrepreneur John Gokongwei Jr. to develop, conduct, operate and maintain the Robinsons commercial shopping centers and all related businesses, such as the lease of commercial spaces within the compound of shopping centers.