SM Group Waives Rental Fees & Allocates Php100M Towards NCoV-19 Outbreak
The novel coronavirus has transformed Manila into a city we may not recognise. Streets are unusually quiet, people are staying indoors as much as possible, and everyone seems just a little bit more tense than usual. But panic won’t get us anywhere — good deeds, however, will.
The SM Group and the Sy family, have pledged personal protective equipment (PPE) and urgent medical supplies to government hospitals and frontline health workers in need. Face masks, gowns, visors, hoods, gloves, and shoe covers are among some of what they can expect to receive.
If the private sector can all work together with government agencies and other organisations at the frontline, it would be a great help in ‘flattening the curve’ and [stopping the] spread of the virus. We need to keep our medical personnel healthy and safe.
— Hans Sy
SM Group has also reached out to Manila Healthtek Inc. to distribute 20,000 tests for free to support patients and medical professionals. Expressing gratitude to our heroes, Hans Sy (SM Group's executive chairman of SM Prime Holdings) says: “We need to be mindful of our frontliners and help in their needs as they are doing their best to work for the safety and health of our communities.”
Assistance will extend to the Philippine General Hospital (PGH), the Research Institute for Tropical Management (RITM), and UP Medical Foundation Inc.
Along with this, SM Supermalls has announced that they will waive rental fees for all tenants nationwide (from March 16, 2020 to April 14, 2020). SM hopes that this will give more leeway to tenants as they lend assistance to their own employees during these trying times.
If this time of crisis, we could all do our part in donating PPE’s or care packages to our frontline heroes as private citizens.