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SMIC banks on areas outside NCR for growth
The Philippine Star
|March 16, 2024
SM Investments Corp.(SMIC) of the Sy family is betting big on the countryside to support the group's continued growth.
SMIC said the group would continue to concentrate its efforts on identifying and optimizing opportunities in various provincial markets for its core businesses and portfolio investments.
"There is a lot of potential especially in Luzon outside of the NCR as well as in Visayas and Mindanao where there is still a need to access modern trade. And it's not just for our core businesses of retail, banking and property but also for our portfolio companies," SMIC president and CEO Frederic DyBuncio said.
This story is from the March 16, 2024 edition of The Philippine Star.
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