SM Supermalls will shorten operating hours starting March 30, delaying weekday openings from 10 a.m. to 11 a.m., following the national energy emergency declared by President Marcos on March 24.
The move aims to ease pressure on the national power grid during peak morning demand, as SM is one of the country’s largest commercial electricity consumers.
Steven Tan, SM Supermalls president, said the adjustment is part of the company’s commitment to energy conservation and increased use of renewable power.
The energy emergency comes amid rising global crude prices and economic volatility, which could push local diesel costs to ₱200 per liter.
Despite the shorter hours, SM continues to expand clean energy capacity, generating enough solar power to support cities the size of Mandaue or Mabalacat.
Source: PhilNews24 | March 27, 2026
SM IMPLEMENTS SHORTER MALL HOURS AMID RISING POWER CONCERNS
Latest from Business
The World Bank has urged the Philippines to prioritize full implementation of the Extended Producer Responsibility
The government is seeking private sector support to develop three offshore wind terminals that could cost
Fast Retailing Co., Ltd., the parent company of UNIQLO, will donate JPY 30 million (approximately US$185,000)
The Philippines’ tuna catch rose by 14.6 percent to an estimated 230,347 metric tons in 2025,
Finance Secretary Frederick Go is pushing to reduce local digital bank transfer fees to as low