Reporting and analysis on retail, e-commerce, and consumer trends in Philippines, updated continuously by our newsroom.
Cebu Pacific Air, the low-cost airline controlled by Philippine tycoon Lance Gokongwei and his siblings as part of JG Summit Holdings, said it has raised $250 million through the sale of convertible bonds to the International Finance Corp. and U.S. private…
Cebu Air the listed operator of budget carrier Cebu Pacific, announced on Monday that 328.95 million of its convertible preferred shares with a par value of P1 per share are now ready to be traded on the main board of the Philippine Stock Exchange (PSE).…
Vietnam’s rice price in the first two months surged 18.2 percent year-on-year to $547.9 per ton, but with lower volume in most markets. Total volume fell 29.4 percent to over 656,000 tons, according to Vietnam Customs. The Philippines remained the largest…
The omnichannel fashion platform has launched a localized online store in the Philippines as part of its digital expansion across Southeast Asia. According to Pomelo, monthly orders from the Philippines currently account for around 10 percent of Pomelo’s…
The opportunity is ripe for the digital-only bank in the country, which has a population of over 100 million – 70 percent of whom is currently unbanked – spread across a vast territory of 7,600 islands. Tonik has rolled out its long-awaited deposit, payment,…
Under the terms of the agreement, Nokia will provide equipment and services from its comprehensive 5G AirScale portfolio to build out the Radio Access Network (RAN), including base stations and other radio access products. Globe Telecom will also use Nokia’s…
AirAsia Group has disclosed that it extended approximately $40 million in advances and corporate guarantees to Philippines AirAsia in November-December. The low-cost airline group on 19 November provided a $19.1 million corporate guarantee to Filipino bank…
The Philippine Amusement and Gaming Corporation, or shortly PAGCOR reports nearly 33 million USD profit from casino operations in 2020. The revenues of PAGCOR fell to a great extent due to the COVID-19 pandemic and the restrictions that came with it. PAGCOR…
It’s all systems go for the upcoming P12.5-billion stock rights offer of Cebu Air Inc. next month. In a disclosure to the local bourse on Wednesday, the operator of loss-making budget carrier Cebu Pacific released the final terms for the fundraising activity…
AirAsia is offering discounted one-way flights to several destinations in the Philippines. Cebu to Davao flights can be availed for as low as P98, while Manila flights to Cagayan de Oro, Cebu, Kalibo, and Tacloban can be booked for only P288. For as low as…
Cebu Pacific, the Philippines’ largest national flag carrier, has been rated 7/7 stars by global airline quality rating company AirlineRatings.com for its compliance with the safety measures against coronavirus disease (Covid-19). With the airline’s…
Fans of Japanese minimalist brand Muji will be delighted to know that the retailer is planning to open its “largest” store in the Philippines — soon. Muji announced this last night in a social media post, where it told followers to “stay tuned for more info.”…
The first Acer flagship store in the Philippines has finally opened its doors to consumers on January 15. It is the largest in the country to date and is located at the SM Megamall Cyberzone. This new tech haven will house the best products from Acer and…
Cebu Pacific (CEB), the Philippines’ largest national carrier, continues to fly Philippine produce and goods via its direct flights to the UAE amidst the current pandemic. In its steadfast commitment to serving the Filipinos in the UAE including in months…
Philippine Airlines has suspended flights to and from London till the end of February 2021 as Britain battles a new coronavirus strain, said a report. The airline said it supports all measures that seek to curb any potential increase in Covid-19 cases during…
Cebu Pacific Air said it will stop carrying foreigners coming from countries included in an expanded travel ban amid the appearance of a new coronavirus variant. Cebu Pacific added it will allow only Filipino citizens on its flights from Hong Kong, Nagoya…
Free background guides on how retail works in this market.
Philippines
Over 110 million consumers, mall-centric urban life, remittance-driven spending cycles, and a logistics map made of islands.
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Segments, digital behaviour, price sensitivity and the buying patterns that shape assortment and promotion in Philippines.
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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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Who the landlords are, how leases are structured, what drives rent, and how to choose a location in Philippines.
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