In the first two months of 2026, Vietnam saw a 5% increase in rice exports from the previous year, amounting to about 1.3 million tonnes. Despite the increase in quantity, the total value of these shipments experienced a year-on-year decrease of 11.2%,…
British retailer Marks & Spencer (M&S) has reassured its commitment to the Philippine market, despite the termination of its long-standing franchise agreement with SSI Group. This comes in response to speculations that the retailer was planning to withdraw…
Thai-based beauty retailer, Konvy, has made its physical debut in the Philippines by opening its inaugural flagship store in Robinsons Galleria, Pasig City. Konvy established its roots in the beauty industry in 2012, initially operating as an e-commerce…
The continued closure of stores and generous discounts across the Philippines have led to speculation about the sustainability of Marks & Spencer’s (M&S) local operations. This comes as the brand’s long-time franchise partner starts to shut down several…
Renowned Hong Kong-based noodle franchise, Tam Jai Mixian, has successfully expanded its operations to the Philippines, marking another key milestone in its regional growth strategy. This expansion was made possible through a franchise partnership with Suyen…
Salady, a popular salad chain from Korea, has recently inaugurated its first outlet in the Philippines. This strategic move was made possible through a master franchise agreement with a local partner, Palette Passion Inc. Salady has opted for a franchise-led…
The Philippines’ telecommunications and pay-TV service sectors are set to experience a surge in revenue, increasing from USD 8 billion in 2024 to an estimated USD 9.7 billion by 2029, representing a compound annual growth rate (CAGR) of 3.8%. The expected…
Jollibee Foods Corp, a major player in the foodservice industry, has announced its intention to separate its international operations from its existing company structure. This significant move involves setting up a new, independent entity, which will be…
Globe Telecom Inc. has finalized its business arrangement with Singapore-based company, NCS Pte. Ltd., through their joint venture with Yondu Inc., valued at PHP 1.73 billion. This venture was first established on March 26, 2025, and was made public in a…
The Clark International Airport Corporation (CIAC) is taking decisive steps to establish the Clark Civil Aviation Complex (CAC) as the Philippines’ next central hub for cargo and logistics. This development is supported by the extensive redevelopment of the…
The Philippine government has prolonged its prohibition on sugar imports until December 2026, given the strong domestic supply. This strategic decision is designed to provide ongoing support for local farmers and producers and maintain market stability.…
Pop Mart, a Chinese retailer specializing in collectible toys, has established its first long-term retail store in the Philippines. This move comes after a succession of temporary pop-ups throughout Metro Manila, signalling a more robust presence in the local…
Globe Telecom has announced plans to implement a new submarine cable system in Mindanao, set to begin in early 2026. This advancement highlights the ongoing commitment to strengthen network resilience and extend capacity in Southeast Asia’s archipelagic…
UK-based sports merchandise giant, Sports Direct, has marked its debut in the Philippine market through a collaboration with Map Active, a sports and lifestyle retailer. The Inaugural Store The first ever Sports Direct store, situated at Ayala Malls Manila…
SM Investments, a conglomerate with operations in retail, banking, and property, experienced solid retail sales during the first three quarters of the year. These robust sales contributed to a consolidated net income of US$1.09 billion, a 6% rise compared to…
Globe has announced the successful completion of 5G mmWave trials using Nokia’s Fixed Wireless Access (FWA) technology alongside Wi-Fi 7 equipment. The trials achieved peak download speeds of up to 4.3 Gbps. According to the operator, this level of…
Retail Academy: Philippines
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Who the landlords are, how leases are structured, what drives rent, and how to choose a location in Philippines.
Asia Market Guides · 8 min read
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