Reporting and analysis on retail, e-commerce, and consumer trends in Philippines, updated continuously by our newsroom.
THE Philippine Airlines and Cebu Pacific have announced the cancellation of flights due to the maintenance shutdown of the Tagaytay radar from March 6 to March 11. The Civil Aviation Authority of the Philippines (CAAP) issued a notice to airmen enforcing a…
In a statement released on Friday, Cebu Pacific said it took delivery of a new ATR 72-600 on Feb. 28, bringing the budget carrier’s current fleet to 59 planes. It was the fourth of the 16 firm orders Cebu Pacific made last year. The arrival of the new ATR…
Hong Kong-headquartered multi-format retailer Dairy Farm International has celebrated its 130th anniversary with a strong set of results, with food, home furnishings and restaurants delivering higher profits. Total sales, including those of associates and…
The Philippines is experiencing a new wave of retail property construction, thanks to strong consumer confidence and enhanced purchasing power among Filipinos. Among SNL-covered companies, the Philippines has the largest volume of shopping centers and…
Retail chain SM will help its footwear affiliate SM Simply Shoes reach a total of 100 stores across the Philippines by the end of next year. SM Simply Shoes has 24 outlets since opening in September 2014, and aims to reach its 60th store by the end of this…
The Philippines’ largest airline, Cebu Pacific (CEB), flew 19.1 million passengers in 2016, an increase of 4 per cent from the 18.4 million passengers flown in 2015. On average, CEB flights were 86 per cent full during the year. Growth in passenger volume was…
Tim Hortons Philippines has launched its first branch at Uptown Place Mall in Bonifacio Global City. It is the Canadian cafe and bakeshop’s first foray into Southeast Asia. Miss Universe Canada 2016 Siera Bearchell was in Manila for restaurant’s…
Ayala Corporation has stepped into eCommerce by acquiring a 49 per cent stake in BF Jade E-Service Philippines, which owns and runs fashion platform Zalora Philippines. The conglomerate has announced it is buying 43.3 per cent of BF Jade, while in a separate…
Japanese cosmetics brand Do-Best is looking at opportunities in the Philippines and broader Southeast Asian markets, including Indonesia. Do-Best CEO Daitaro Sugawara was in the Philippines for a group networking session organised by Security Bank and Japan’s…
Branded luggage-maker Samsonite Asia aims to make China its biggest market within five years, pinning its hopes on eCommerce and social media to fuel growth. While sales in China now account for more than 10 per cent of its total revenue, Samsonite CEO Ramesh…
Southeast Asian fashion ecommerce company, Zalora, has been in the process of shutting shop in a few Asian countries. The company had retreated from Thailand and Vietnam last year, and is pulling out from Philippines and Indonesia. Launched in 2012, the…
AirAsia said on Friday it will mount new routes from Cebu and Davao starting April as it continues to expand its network outside Metro Manila. New flights will be launched from Cebu to Davao, Palawan, and Boracay/Caticlan and from Davao to Clark, Cebu,…
Inflight Sales Group (ISG) has been awarded a five-year contract by Philippine Airlines (PAL) following the airline’s recent inflight retail concessionaire tender. PAL chairman Lucio C Tan Senior took part in the official contract signing with ISG Group…
Continuing mall expansion helped drive a 14 per cent rise in SM Prime Holdings’ net profit last year. In a stock exchange filing yesterday, the company said it achieved a net income of P23.8 billion (US$473.7 million) last year. Strong sales by its…
The Philippines’ Department of Information and Communications Technology (DICT) plans to crack down on spectrum hoarders, threatening to recall unused frequencies and potentially auction them to a third or even fourth local player. A recent audit of the…
The first and inaugural commercial flight of the Cebu Pacific connecting Masbate province to Manila flew on Tuesday morning, the Department of Tourism Bicol regional Director Maria Nini Ong-Ravanilla said. Seventy-six (76) passenger flights between Masbate…
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