THE Philippine Airlines (PAL) announced Monday, that it will “temporarily suspend” its Cebu-Los Angeles service effective May 30. In its advisory, the airline company said “the suspension of the Cebu-Los Angeles service is being carried out as PAL…
Jollibee Foods gained control of the joint venture behind the Highlands Coffee and Pho 24 brands ahead of a plan to list the latter in Vietnam’s stock market. In a disclosure, the homegrown fastfood giant said its subsidiary JSF Investments Pte. Ltd hiked its…
The Department of Tourism (DOT) in Central Luzon welcomed the two new routes of Cebu Pacific which will commence on May 15. Ronnie Tiotuico, DOT-Central Luzon director, said the new routes will attract passengers from Central and Northern Luzon. “This is good…
The operator of budget airline Cebu Pacific Air saw passenger growth contract in the first quarter of 2017, partly on increased competition with domestic rivals. Cebu Air, which owns Cebu Pacific and Cebgo, announced its January to March 2017 operating…
Grocery stores are typically the turf of women in the Philippines, but the presence of men is increasingly being felt, according to the latest survey conducted by market research firm Nielsen. Men now make up as much as 40 percent of shoppers in supermarkets,…
The store opening of a high-end kitchen appliance brand in Cebu proves its position as a primary retail market for top-of-the line products. This also means that Cebu’s buying population has a discriminating taste for brands that last for longer period, said…
The Philippines’ PLDT has announced that wireless subsidiary Smart has secured a 25-year extension to its franchise. President Rodrigo Duterte has signed into law a new Act that effectively extends Smart’s franchise until 2042. The franchise allows Smart to…
In light of the 30th Asean Summit and Related Meetings which will be held in Manila from April 26 to 29, 2017, Cebu Pacific and Cebgo reminded all passengers flying out on these dates to plan their routes going to the Ninoy Aquino International Airport…
The Philippine Board of Investments (BOI) has approved Ikea’s entry into the Philippines, following a bid from Ikano Ltd, the operator and franchise-rights owner of the Swedish furniture giant in Asia. The ready-to-assemble furniture and appliance maker first…
Chinese computer-peripherals firm Shenzhen Rapoo Technology (Rapoo) is penetrating the growing local Internet Café (iCafé) sector to secure a dominant position in the market. The iCafé business is a growing industry here, according to Rapoo Philippines Retail…
The Board of Directors of SM Investments Corporation (SM) announced key organizational changes that will support the company’s next phase of growth. The Board has already conferred upon Mr. Henry Sy, Sr. the role of Chairman Emeritus, in recognition of his…
The Cebu Pacific (CEB) has announced its participation in the largest travel event and tourism campaign in Davao region, the Visit Davao Fun Sale (VDFS). The carrier’s move is in support of the VDFS, which was launched four years ago, to promote Davao and…
The Gokongwei-led carrier ferried a total of 1.45 million passengers in the second month of 2017, 6.3% less than the 1.55 million recorded during the same month last year, according to the latest operating statistics uploaded on its Web site. The latest tally…
The seventh Lego-certified store in the Philippines opened on April 22, 2017 at the Abreeza Ayala Mall offering more and exclusive merchandise of the famous toy brand to Dabawenyos. The Lego Store in Davao City is the second store in Mindanao, the first being…
SM Investments (SMIC) has taken 62.21 per cent controlling stake in Philippines Urban Living Solutions Inc (PULS), the operator of dormitory buildings under the MyTown brand. According to an SMIC disclosure, it acquired more than 674.8 million common shares…
The Philippines’ Yellow Cab Pizza is about to open its first restaurant in Vietnam. The chain, owned by Max’s Group, which is rolling out franchised eateries across Southeast Asia, will launch in Ho Chi Minh City. But instead of debuting in the CBD suburb,…
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