SM: A partner for local progress

The SM Group is keen on expanding in more underserved areas in the country to support local development as well as homegrown brands.

-  RICHMOND MERCURIO

"The regions are providing a lot of growth potential for all of our businesses as we continue to expand in many underserved areas," SM Investments Corp. (SMIC) president and chief executive officer Frederic DyBuncio said.

SMIC has investments in market leading businesses in retail, banking and property.

Its retail operations, for one, are the country's largest and most diversified, consisting of grocery stores, department stores and specialty retail stores.