Reporting and analysis on retail, e-commerce, and consumer trends in Philippines, updated continuously by our newsroom.
The operator of budget carrier Cebu Pacific saw earnings dip by 50.6 percent last year amid challenges such as the closure of a popular tourist destination, rising fuel prices and increased competition. In a statement, Gokongwei-owned Cebu Air Inc. said…
Grab has expanded its fintech offer with “Buy Now Pay Later” facility and an online store check-out plugin. Through its joint venture with Credit Saison, the ride-hailing platform offers a post-paid payment facility which allows customers to pay for Grab…
The Philippines’ Mislatel has postponed the expected start date of its commercial operations to early 2021 as a result of delays receiving a key certificate that will allow it to operate. Mislatel, the joint venture established and selected to become the…
The Maruti Suzuki Ertiga was introduced in India last year and is sold in a number of markets including several South East Asian countries. The new generation model is being offered with several upgrades overseas and latest one is a new special edition model…
Budget carrier Cebu Pacific has kept its market share lead in the Philippines to Australia route, a statement on Thursday showed. Citing data from Australia’s Bureau of Infrastructure, Transport and Regional Economics from November last year, Cebu Pacific…
The Philippines’ PLDT and mobile division Smart have signed an agreement with Nokia to pilot the deployment of 5G technologies and services in schools. The agreement will see PLDT, Smart and Nokia collaborate to identify real-world 5G standalone solutions for…
Satellite industry software provider GateHouse Telecom has revealed it is developing a technology that will allow a single physical satcom terminal to use multiple satellite systems. The company is developing a new interface that will allow users to run the…
Pakistan’s PTCL has deployed a new 100G optical transport network in partnership with Nokia. The Nokia DWDM network utilizes PTCL’s extensive fiber footprint to provide multipath redundancy. It will be instantly upgradeable to 200G and 400G per wavelength as…
The Philippines’ Globe Telecom has announced the launch of its first Esports Center, aimed at supporting various local esports communities. The Esports Center at Play Nation in the UP Town Center in Quezon City will offer various initiatives including esports…
The Philippines’ National Telecommunications Commission has extended the migration to eight digit landline numbers in the Greater Metro Manila area by six months, at the request of the banking industry. The Bankers Association of the Philippines (BAP) and the…
AirAsia Philippines said it would offer seats for selected domestic and international flights for as low as P16 starting on Monday. AirAsia will offer fares from as low as P16 for flights from Clark to Iloilo, Tacloban, Puerto Princesa, and Cagayan De Oro;…
The real scale of informal employment in developing countries is incomparably higher than the volume of goods and services produced in the informal sector. The longer traditional methods of assessing the real earnings of the population fall behind, the more…
Global fashion retail brand Penshoppe has unveiled the latest addition to its roster of international ambassadors – 23-year-old world’s highest-paid supermodel and one of the most followed celebrities on social media, Kendall Jenner. The model initially…
The first Lenovo Legion concept store in the Philippines has opened as the tech company strengthens its gaming business. The Quezon City outlet, at less than 40sqm on the fourth floor of the Annex Building, showcases the brand’s Legion gaming machines in a…
Lazada is boosting its cross-border operations for international brands and merchants to after its cross-border sales quadrupled over the last three years The Alibaba-owned company says it plans to bring onboard more quality international brands and will…
Japanese eatery Botejyu, a restaurant chain specialising in okosoba and okonomiyaki dishes, has opened a flagship at One Bonifacio High Street in Taguig City. The new branch is the largest of 12 Botejyu locations in the Philippines, with more outlets expected…
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