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                    [Title] => Shopping craze to drive up SM Prime profits
                    [Summary] => The Philippines’ leading mall developer, SM Prime Holdings Inc., is expected to post a 13-15 percent higher net profit for 2001, thanks to the company gearing up to cater for Filipinos with a penchant for shopping.


Rather than putting people off shopping, a slowing economy last year prompted them to spend more time in shopping malls in place of more expensive leisure pursuits, analysts said.


                    [DatePublished] => 2002-03-08 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1214582
                    [AuthorName] => Carmina Reyes
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MALLOF ASIA

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                    [Title] => Shopping craze to drive up SM Prime profits
                    [Summary] => The Philippines’ leading mall developer, SM Prime Holdings Inc., is expected to post a 13-15 percent higher net profit for 2001, thanks to the company gearing up to cater for Filipinos with a penchant for shopping.


Rather than putting people off shopping, a slowing economy last year prompted them to spend more time in shopping malls in place of more expensive leisure pursuits, analysts said.


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abtest

Shopping craze to drive up SM Prime profits

By Carmina Reyes | March 8, 2002 - 12:00am

The Philippines’ leading mall developer, SM Prime Holdings Inc., is expected to post a 13-15 percent higher net profit for 2001, thanks to the company gearing up to cater for Filipinos with a penchant for shopping. Rather...

Business