Reporting and analysis on retail, e-commerce, and consumer trends in Philippines, updated continuously by our newsroom.
The Philippines’ president Rodrigo Duterte has announced plans to fast-track the entry of a third operator into the market, and wants the operator to be up and running within the first three months of next year. Duterte has directed the Department of…
Philippine integrated property company SM Prime Holdings has opened a mall in Batangas to continue its expansion in southern Luzon. SM Center Lemery adds 25,000sqm to SM Prime’s total gross floor area in the Philippines, and follows SM City Batangas and SM…
Cebu Pacific cancelled one domestic flight to Cauayan, Isabela, on account of bad weather Wednesday, even as it apologized for the inconvenience caused by an average 45-minute delay in early morning flights. Cancelled due to bad weather was 5J 196/197,…
Milan-based ItalianCreationGroup, which owns Italian luxury furniture brands, plans to open 12 stores along the Silk Road over the next year. Co-founder/CEO Stefano Core says the aim of the company’s new retail strategy is to expand its global presence,…
DHL Express has made arrangements with the Philippine Embassy to handle domestic transport of passports to and from the embassy for renewal. “We are delighted at securing this deal to provide a safe and secure solution for Overseas Filipino Workers (OFWs) in…
Multi-format retailer Robinsons Retail Holdings has acquired a 20 per cent stake in Taste Central Curators, which runs Filipino e-commerce site BeautyMNL. Robinsons Retail has taken 1 million shares of the online store, which sells a range of beauty products…
Budget carrier Philippines Air Asia is targeting revenue to grow by about 20 percent in 2018, as it expands its fleet, routes and ancillary sales. Philippines Air Asia CEO Dexter Comendador told reporters on Tuesday that revenue next year could hit an average…
Home-grown fast food chain Jollibee rolled out its fleet of eco-friendly delivery bicycles in key cities in the metro. Fat bikes were spotted bringing bestseller chickenjoy to consumers, in a bid to lessen pollution in central business districts (CBDs), a…
Cargill Joy Poultry Meat Production Inc. opened on Tuesday, giving chicken farmers in Batangas and nearby provinces new income opportunities, Jollibee Foods said Wednesday. A joint venture between Jollibee Foods and Minneapolis, USA-based Cargill , the…
The Philippines’ Bureau of the Treasury rejected all bids for T-bills at an auction on Monday amid weak demand. Tenders totalled 7.576 billion pesos ($150.6 million) against the government’s offer of 20 billion pesos worth of 91-day, 182-day and 364-day…
Chinese tech accessory brand Baseus has opened its first flagship store in the Philippines. The Shenzhen company has partnered with Digits CEO Charles Paw for its outlets in the Philippines, and opened its first store in Trinoma, Quezon City. Baseus makes…
PTT Philippines expects to spend PHP500 million (US$9.9 million) on beefing up its retail network, including a foray into the Japanese market. President/CEO Sukanya Seriyothin says that while the bulk of the expansion for the Thai oil and gas giant PTT…
Australian women’s leather footwear label Sol Sana is seeking investment partners in Asia to support its international expansion. The company has appointed R3D Global as its strategic investment relations adviser and aims to secure further distribution…
Lee’s Coffee, a subsidiary of Lee’s Sandwiches, is exporting their famous “Cà Phê Sữa Đá” to the Philippines, building on its partnership with S&R Membership Shopping. S&R offers high quality products with a wide- variety selection of imported grocery items…
SM Prime Holdings has continued its expansion in northern Luzon with its latest mall, SM Center Pulilan, in Bulacan. Its 66th mall in the Philippines, it adds 27,000sqm in gross floor area (GFA), taking SM Prime’s total GFA to 8 million sqm. Opening with 80…
King Digital Entertainment, a leading interactive entertainment company for the mobile world, continues to expand its Candy Crush consumer products offering, with a new range of jewelry by leading Indian designer Mrinalini Chandra. Fans and candy-lovers…
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