Reporting and analysis on retail, e-commerce, and consumer trends in Philippines, updated continuously by our newsroom.
Bangko Sentral ng Pilipinas and the Monetary Authority of Singapore have agreed to promote the adoption and implementation of policies to aggregate, store, process, and transmit data across borders for banks and non-bank financial institutions. While the…
CEBU Pacific (CEB) extends the coverage of its flexible booking options for passengers traveling until Dec. 31, 2020. The Travel Fund, valid for two years, can be used to book flights up to 12 months ahead, given that transactions are done before the fund…
Cebu Pacific said refunds to customers for flights canceled due to the COVID-19 crisis already reached P2.7 billion, with billions of pesos more to be returned. The budget airline assured passengers their refund requests would be processed but it could take…
What’s more convenient than a convenience store? An online one, of course – delivering food, and essentials to customers’ doorsteps quickly, at the touch of a button. foodpanda, the leading delivery platform in Asia Pacific, marks a new milestone with the…
The resilience of the country’s tourism sector was put to the test as local businesses and industries had to deal with the immense challenges brought about by the COVID-19 pandemic. However, it also brought out the Filipino spirit of Bayanihan, sparking hope…
Cebu Pacific Air (CEB) and SIA Engineering are unwinding their partnership in both their joint venture MRO companies based in the Philippines. These are Aviation Partnership (Philippines) Corporation (APPC), 51% owned by SIAEC and 49% by CEB, and SIA…
Despite uncertainties in the food industry due to the coronavirus pandemic, Jollibee Foods Corporation is increasing its stake in the ultimate holding entity of popular restaurant chain Tim Ho Wan. Through its subsidiary Jollibee Worldwide, it increased its…
Listed Robinsons Retail Holdings reported on Friday that it acquired local drugstore chain Rose Pharmacy Inc. through its subsidiary South Star Drug Inc. In a disclosure, the Gokongwei-led retailer said South Star Drug and Dairy Farm International Holdings…
The coronavirus crisis has divided retail companies into two distinct groups: those with functioning e-commerce businesses, and those without. Many of the have-nots won’t survive. The winners: The pandemic forced Amazon to hire more workers and overhaul its…
Cebu Pacific announced plans to raise up to $500 million in additional capital — by selling preferred shares and bonds — as it undertakes a restructuring exercise that sees it cut its fleet and network to cope with reduced travel demand. The Philippine…
Budget carrier Cebu Pacific is asking passengers for patience as it works through a pile of refunds that reached almost P5 billion. Like other airlines, Cebu Pacific has been hit hard by the COVID-19 pandemic, which forced the mass cancellation of flights and…
To boost domestic tourism in the Philippines, AirAsia has partnered with local hotels to launch SNAP – the new way to travel. SNAP is a new flight + hotel combo platform on airasia.com which offers convenient fly and stay packages at unbeatable prices…
At a base fare of Dh200 from Dubai to Manila, the Philippines’ no-frills carrier Cebu Pacific has unveiled a week-long airfare discount blitz on Tuesday (September 1, 2020). The move is aimed to boost demand and post-COVID-19 confidence among flyers,…
The Philippines’ largest national flag carrier, Cebu Pacific (CEB), has enhanced its Manage Booking portal to allow passengers to easily update their contact information after booking has been finalized. This is available for both passengers who booked online…
The Philippines’ leading carrier, Cebu Pacific has enhanced its Manage Booking portal to allow passengers to easily update their contact information after booking has been finalized. This is available for both passengers who booked online or through a travel…
Philippines grocery chain MerryMart will launch its inaugural drive-thru outlet in Iloilo City in January. MerryMart’s new drive-thru is in part a response to the impact of the coronavirus pandemic. The firm is planning to deploy this concept in multiple…
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Over 110 million consumers, mall-centric urban life, remittance-driven spending cycles, and a logistics map made of islands.
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