SM proceeds to build what is set to become the showcase of its mall empire with SM Mall of Asia, and a true "SM City" around it.
Pasay City today is one place in the metropolis which has a conflicted identity brought about by the many changes that came upon this part of the metropolis over the last 70 years or so. There is the Old Pasay, at least remains of the old genteel neighborhood where some of the Manila’s elite families lived, especially before the war and in the early postwar years. Then there is the Modern Pasay of today, suffering in urban squalor, decay, and congestion brought about by the emergence of the urban poor populace who lived in the city as the elites moved out to escape the creeping urbanization. And of course, there…