Reporting and analysis on retail, e-commerce, and consumer trends in Philippines, updated continuously by our newsroom.
Metro Retail Stores Group in the Philippines is planning to open more stores while it continues to mull e-commerce. Saying brick-and-mortar stores are still more profitable than online counterparts, chairman/CEO Frank Gaisano reveals that the company plans to…
Department store retailer Myer has responded to the broadside delivered by veteran and chairman of Premier Investments yesterday, asserting its “disappointment”. Yesterday, Premier released a statement which ruled out making a takeover offer for Myer and…
The Philippines’ leading airline, Cebu Pacific marked another milestone as it reached a total of 150 million passengers flown since starting operations in 1996. The 150 millionth passenger who checked-in and flew with CEB, identified as Alfredo Cruz, boarded…
After it introduced the first Quick Response (QR) code payments via app in the Philippines last May, PayMaya Philippines has announced that the scan-to-pay technology is now available across the country, with Smart Stores and select merchants in key cities…
Budget carrier AirAsia on Thursday announced it will start servicing flights from Manila to Bali and Jakarta in Indonesia starting January 2018. In a statement, AirAsia Philippines said it will start flying from Manila to Jakarta, Indonesia starting January…
The Philippines has banned companies from forcing women to wear high heels – a move that’s been hailed as a landmark victory against sexism by labour unions. The new government order, which came into effect on Sunday, dictates that employers should implement…
Malls in the Philippines are unlikely to be replaced by online channels soon, as millennials seeking to spend on experiences drive demand for restaurant space, a property consultant said Monday. Food and beverage now account for 40 percent of mall space,…
Philippines AirAsia Incorporated targets to make the Clark International Airport its main hub for operations, as the Ninoy Aquino International Airport (NAIA) has inadequate space for the budget airline’s fleet expansion, its chief said. To sustain its…
Mall billionaire Henry Sy is returning to his roots with a new warehouse-style shoe shop for budget shoppers, Simply Shoes. Customers pick out sneakers, sandals and heels from the plain displays that are piled up to the ceiling, as they would in supermarkets…
Fast-food chain Jollibee Foods Corporation is seeking acquisitions to accelerate expansion plans in China and the US. Targets could include other fast-food chains as well as fast-casual restaurants like Smashburger, the US franchise of which Jollibee owns 40…
In celebration of the 50th Anniversary of the Association of the Southeast Asian Nations(ASEAN), Cebu Pacific Air, the Philippines’ largest carrier, is offering a five-day seat sale up to 20 October 2017, or until seats last. The sale offers all-inclusive…
An island with lush forest covers, trimmed with fine white sand and a crown of gleaming blue waters—Siargao is indeed another gem in the Pearl of the Orient that both surfers and beach bums dream about. And as more travelers chase the breathtaking giant waves…
Supermarket chain LuLu Group, based in Abu Dhabi, has been looking at investment opportunities in the Philippines. It is part of its plans to expand in Southeast Asia, says director general Charito Plaza of the Philippine Economic Zone Authority (PEZA),…
Gokongwei-led budget carrier Cebu Pacific upgraded its systems to implement the 20% discount on domestic flight tickets for senior citizens and persons with disabilities (PWDs), even for bookings made online. The discount comes on top of the exemption from…
The first Ikea Vietnam store is in planning, with the Swedish furniture and homewares retailer revealing the country as one of its next two Asian markets. In an interview with Bloomberg, Inter Ikea CEO Torbjorn Loof said expansion in Southeast Asia and South…
The Philippines’ Smart Communications plans to upgrade its cell sites in Marikina and Quezon City in the latest phase of its network expansion and modernization program. The PLDT subsidiary plans to double its LTE cell sites in the two areas, and aims to…
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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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