The article below questions Henry Sy, Sr.'s ownership of the money that started his company SM Shoemart's unprecedented overbuilding of Malls, Gambling Complex, Townships, piers, and many other huge ticket projects all over the country.
The article points that SM does not contribute to the real, substantial development of the host country it is raking in Billions of dollars in profits from and continues bleeding the population while it has the nerve to say it looks to a future of a growing Philippines. SM Shoemart is not only sucking blood from its victims, it courageously keeps fooling the hapless victims up to the end.
In Twitter, a netizen says the SM Shoemart owner is worse than a terrorist.
In Twitter, a netizen says the SM Shoemart owner is worse than a terrorist.
@TheSMStore @TheMallofAsia Some are worse than ISIS- AQAP Terrorists Killers. The thieves in business #JeSuisCharlie. pic.twitter.com/iqEeToPKQj
— Saigai No Tsukare (@SagaiAiGirai) January 12, 2015
How long can an evil, monstrous enterprise like SM Shoemart keep on with its charade? That remains to be seen.Megalith SM Shoemart and a dying corporate regime
Manila Philippines — A well known planner Jun Palafox said that there is a Metro Manila disease that he calls the state of being “over malled.” Traffic in Metro Manila is affected by this malady. The Honorable Francis Tolentino, Chairman, Metro Manila Development Authority (MMDA) agrees with the Palafox assessment. More than twenty years ago, Thailand suffered the same disease and experienced the dire effect of the mall glut. A large number of malls observers noted were “nilalangaw” (swarmed over by flies). What do you think follows after a heap of mass that is attraction to throngs of flies? You will find maggots breeding there.
