SM Mall of Asia is a shopping mall that opened on May 21, 2006 [1] (originally on August 30, 2005) and would be the Philippines' largest mall and the third biggest mall in the world in terms of gross floor size. It is owned and operated by SM Prime Holdings, under the management of Henry Sy, a Filipino-Chinese business tycoon --- regarded as one of the wealthiest men in Asia.

Mall of Asia is being constructed within the reclaimed lands west of Roxas Boulevard in Pasay City. It is built on 19.5 hectares of reclaimed land and has a gross floor area of 381,075 square meters. The mall is located at the southmost tip of EDSA (Epifanio de los Santos Avenue). A rotunda was constructed in the front of the mall with a huge bronze globe similar to Universal Studios. An Esplanade or walkway was constructed at the back of the mall where it served as the observation center for the world's first pyrotechnic competition, the World Pyro Olympics in December 2005.

    The mall consists of four (4) buildings interconnected by walkways: the Main Mall, Entertainment Mall, and the North and South Carpark Buildings. One of its unique features is a 20-seater tram to make it easier for shoppers to go around. The management’s priority is to make sure shoppers will not get lost inside the mall. There will be two concierge desks—one in the Main Mall and another in the Entertainment Mall. Maps will be given out, and there will be signs aplenty. The Main Mall will include shopping and dining establishments, the food court. The South Parking building will house the SM Department store and half of the 5,000 parking spaces while the North Parking building will include the SM Hypermarket, a spacious office space and more dining areas.

The mall’s newest attraction is the Pacifica Entertainment Plaza. Besides bowling and billiards facilities, the building will house 10 theaters, including a Director’s Club and the first ever IMAX theater in the Philippines. The theater, named as the San Miguel Coca-Cola IMAX Theater would also have the largest screen in the Philippines at 22 x 30 meters, similar to the height of an eight-storey building. The mall also features an Olympic sized skating rink and a science museum. The mall also provides office space. Dell International Services, a subsidiary of Dell, Inc. occupies a 13,470.5-square meter area at the second floor of the north parking building of the mall.

It is now set to become the 3rd largest mall in the world, behind the West Edmonton Mall in Edmonton, Alberta, Canada and the Golden Resources Mall in Beijing, China.