Cebu Happenings

SM Supermalls President Steven Tan speaks at the My SM Business Media Roundtable, highlighting SM’s strong 2026 performance and its continued drive to create more meaningful experiences for shoppers and communities.   𝐒𝐭𝐫𝐨𝐧𝐠 𝐩𝐞𝐫𝐟𝐨𝐫𝐦𝐚𝐧𝐜𝐞, 𝐬𝐭𝐫𝐨𝐧𝐠𝐞𝐫 𝐭𝐫𝐮𝐬𝐭: 𝐒𝐌 𝐒𝐮𝐩𝐞𝐫𝐦𝐚𝐥𝐥𝐬 𝐞𝐯𝐨𝐥𝐯𝐞𝐬 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐧𝐞𝐱𝐭 𝐠𝐞𝐧𝐞𝐫𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝐜𝐮𝐬𝐭𝐨𝐦𝐞𝐫𝐬 CEBU , Philippines, 9th September 2026 - SM Supermalls continues to build momentum in 2026 as it responds to the evolving needs of Filipino communities, posting record revenues of P41.8 billion in the first half of the year, an 8% increase from P38.6 billion during the same period last year. The strong performance was supported by higher leasable space and tenant sign-ups, alongside steady shopper visits. Total gross leasable area grew 3% to 5.1 million square meters from 5.0 million square meters, while the number of tenants increased 4% to 23,174 from 22,192. Average daily foot traffic re...