SM Group's Expansion Beyond Metro Manila
- By The Financial District

- Mar 25, 2024
- 2 min read
In the realm of corporate growth and regional development, the SM Group stands as a beacon, strategically navigating toward untapped opportunities beyond the bustling streets of Metro Manila.

Driving this expansion are key subsidiaries like logistics giant 2GO, facilitating trade and commerce across Visayas and Mindanao. | Photos: SM Investments Corp.
With a vision anchored in sustainable progress, SM is steering its resources towards fostering economic vitality in regional areas while honing in on sectors ripe for exponential growth.
"We view the regions as a bright spot for growth with the diverse products and services that we offer to consumers. We believe that there are so much more opportunities for us to be able to provide better services to the Filipino people in the regions," remarks Frederic C. DyBuncio, President and CEO of SM Investments.
Driving this expansion are key subsidiaries like logistics giant 2GO, facilitating trade and commerce across Visayas and Mindanao.
Leveraging advanced infrastructure and cold chain capabilities, 2GO extends vital support to micro, small, and medium-sized enterprises (MSMEs) aiming to scale their operations.

Similarly, Airspeed, a logistics powerhouse, is strategically positioning its Cebu warehouse as a nucleus for future growth. Plans are underway to establish additional hubs in pivotal VisMin cities, fortifying connectivity and streamlining distribution channels.
Meanwhile, Goldilocks, a household name in the Philippines, is broadening its footprint across provincial landscapes.
With nearly half of its new stores sprouting in Visayas and Mindanao, the iconic bakeshop is weaving itself deeper into the fabric of regional communities.
In the realm of retail, SM Investments unveils an impressive statistic: 89% of its 419 new retail stores in 2023 have found roots in provincial territories. Supporting this endeavor are SM Prime Holdings, Inc. and SM Development Corp., with new malls and residential projects dotting the provincial skyline.
The financial sector echoes this trend, with banking giants BDO Unibank and China Banking Corporation expanding their provincial presence.
From Luzon to Mindanao, these institutions are weaving a financial web, providing access to banking services even in the most remote corners of the country. As the SM Group continues its journey towards regional empowerment, its commitment to sustainable growth remains unwavering.
Through strategic investments and community-centric initiatives, SM is not just expanding its business empire but also enriching the lives of millions across the archipelago.
In this narrative of progress, the regions emerge not as mere territories but as vibrant hubs of opportunity and prosperity, awaiting the transformative touch of the SM Group.

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