PHILIPPINES PRESS--SM signs Manila Bay reclamation deal - BusinessWorld

Thu Nov 28, 2013 8:00pm EST

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The SM Group, one of the Philippines' largest conglomerates, has signed a 54.5 billion peso ($1.25 billion) joint venture agreement with the Pasay City government to reclaim some 300 hectares of land in the Manila Bay area, BusinessWorld newspaper reports. (link.reuters.com/qer94v)

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NOTE: Reuters has not verified this story and does not vouch for its accuracy. (Compiled by Manila Newsroom)

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