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SM Prime withdraws Baguio public market redevelopment proposal

Summary by Rappler
BAGUIO CITY, Philippines – SM Prime Holdings Incorporated (SMPH) has withdrawn its proposal to redevelop the Baguio City public market, the city government announced on Saturday, January 3. Baguio City Mayor Benjamin Magalong also confirmed the withdrawal to Rappler in a phone interview, saying he was formally informed of the decision through a letter sent to his office. Details of the withdrawal and its implications for the city’s market rehabi…

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SM Prime withdraws Baguio public market redevelopment proposal

BAGUIO CITY, Philippines – SM Prime Holdings Incorporated (SMPH) has withdrawn its proposal to redevelop the Baguio City public market, the city government announced on Saturday, January 3. Baguio City Mayor Benjamin Magalong also confirmed the withdrawal to Rappler in a phone interview, saying he was formally informed of the decision through a letter sent to his office. Details of the withdrawal and its implications for the city’s market rehabi…

·Philippines
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Rappler broke the news in Philippines on Saturday, January 3, 2026.
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