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Philippines Retail News

Reporting and analysis on retail, e-commerce, and consumer trends in Philippines, updated continuously by our newsroom.

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7 Dec 2021

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Latest Philippines retail stories

hs abz thai airasia airbus a320 216 PlanespottersNet 314794
Sarah ChenGeneral

AirAsia resumes flights to Singapore after two years

AirAsia Philippines resumed its service to Singapore last December 4, ending a two-year hiatus of its flights to the Asian city-state. AirAsia Philippines’ first flight to Singapore in two years departed the NAIA Terminal 3 in Pasay City at 8:00 a.m. and…

aa97d584861474f4097cf13ccb5325da Mobile Payments Plastic is so Passé
Maria SantosFinance

Singapore and Philippines Step Up Digital Payment Cooperation

The regional neighbors aim to boost cross-border collaborations that will strengthen Asean regional payments and provide financial inclusivity to Overseas Filipino Workers (OFWs) and micro-small-to-medium-sized enterprises (MSMEs). The central banks of…

Unionbank of santiago pagadian city zamboanga del sur
Aiko TanakaFinance

Union Bank Chosen as Citi’s Preferred Philippines Bidder

Citigroup has reportedly selected the Union Bank of Philippines as its preferred bidder for its consumer banking assets in the country. Citi has chosen Union Bank as its preferred bidder for a potential sale valued at an estimated $1 billion, according to a…

JustKitchen
Wei ZhangFood

JustKitchen expands into the Philippines

Ghost kitchens operator, JustKitchen, has expanded its presence into the Philippines through a joint venture with TDG Ventures (TVI). Named ‘JV Co’, the joint venture will be the exclusive operator of the JustKitchen brand and distributor of its products in…

ikea
Minjun ParkLiving

Opening date released for the world’s largest Ikea in Manila

The world’s largest Ikea store, Ikea Pasay City in Manila, is set to open its doors to the public this month after being delayed due to the Covid-19 pandemic. Ikea Pasay City also marks the chain’s first location in the Philippines. The 67,760sqm store,…

cebu air BABYPLANE
Minjun ParkGeneral

Cebu Pacific announces P1 seat sale for 11.11

Cebu Pacific on Wednesday announced an 11.11 seat sale for as low as P1. In an advisory, the airline said the promo offer would begin at 12 midnight on November 11, 2021 and end on November 14, 2021, covering the travel period from July 1 to September 30,…

Unionbank of santiago pagadian city zamboanga del sur
Rajiv MenonFinance

Philippines’ Union Bank Opens Fintech HQ in Singapore

Union Bank’s fintech subsidiary UBX is expanding its operations in Singapore as it eyes growth in Asia. UBX, the financial technology venture studio and fund of Union Bank, hopes its Singapore headquarters will be a bridge for startups to enter the Philippine…

Smart Ad
Sarah ChenTelecom

MTN, Smart extend 5G roaming of Philippines to South Africa

MTN South Africa network will be the first mobile operator in Africa to provide 5G access to customers from the Philippines through its international roaming agreement with the Philippines’ leading mobile services provider, Smart Communications. The agreement…

Cebu Pacific Take Off
Wei ZhangGeneral

Cebu Pacific announces one-week sale of Super Pass

Budget carrier Cebu Pacific on Thursday announced the one-week sale of its Super Pass, which allows passengers to book local flights at one-way base fares of P99 without a fixed date and destination. In an advisory, Cebu Pacific said the sale of the Super…

Airasia airline
Aiko TanakaGeneral

Philippines AirAsia to resume international flights by 1Q22

Philippines AirAsia intends to restart international flights by the first quarter of 2022 after resuming domestic services in the fourth quarter of 2021, says chief executive officer Ricky Isla. He told The Philippine Star newspaper that the airline’s…

Cebu Pacific
Minjun ParkGeneral

Cebu Pacific flight cancellations from August 6 to 20

Budget carrier Cebu Pacific on Saturday released the schedule of its flight cancellations from August 6 to 20, amid the enhanced community quarantine (ECQ) in Metro Manila. Flight cancellations have been made after the government allowed only essential travel…

Airasia Fares
Sarah ChenGeneral

Airasia Philippines sees better performance in Q2

AirAsia Group Berhad announced on Wednesday that its Philippine unit, Philippines AirAsia, Inc., saw a 2% increase in passengers carried in the second quarter of the year. “AirAsia Philippines’ strong rebound seen in 1Q2021 (first quarter) further increased…

Retail Academy: Philippines

Free background guides on how retail works in this market.

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    Retail in Philippines

    Over 110 million consumers, mall-centric urban life, remittance-driven spending cycles, and a logistics map made of islands.

    Asia Market Guides · 10 min read

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    Consumers in Philippines

    Segments, digital behaviour, price sensitivity and the buying patterns that shape assortment and promotion in Philippines.

    Asia Market Guides · 8 min read

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    Last mile in Philippines

    How last-mile delivery works in Philippines, what drives cost per drop, and how to set a service promise you can keep.

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    Malls and rents in Philippines

    Who the landlords are, how leases are structured, what drives rent, and how to choose a location in Philippines.

    Asia Market Guides · 8 min read

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