Reporting and analysis on retail, e-commerce, and consumer trends in Philippines, updated continuously by our newsroom.
Speciality stores operator SSI Group has signed a joint venture deal with a Japanese company to bring the Muji retail brand to the Philippines. SSI Group, through its wholly owned subsidiary Stores Specialists Inc. (SSI), entered an agreement with Japan’s…
Cebu Pacific, the country’s largest airline, said Monday it was launching two new routes from Cagayan de Oro City, as it expands in Mindanao. Cebu Pacific said it would fly four times weekly (Monday, Wednesday, Friday and Sunday) between Cagayan de Oro and…
The Philippines’ Globe Telecom has allocated a capex budget for 2017 of around $750 million as the operator invests to expand its data network. The operator will spend the majority of its capex budget for the year on data network expansion, including…
Specialty retailer SSI Group has signed a JV agreement with Japan’s Ryohin Keikaku in a bid to boost the Muji household supplies brand in the Philippines. SSI Group’s board of directors has approved the JV between its wholly owned subsidiary Stores…
As it turns around and heads toward profitability again, Australian fast-food chain Pie Face has plans to expand into Japan and South Korea. Its receiver flags the hot-pie business will be sold soon, but it has left behind a trail of destruction: secured debt…
Philippine Airlines is ramping up its operations at Clark International Airport, north of Manila. The national carrier is aiming to ease pressure at Manila’s Ninoy Aquino International Airport by launching new services connecting Clark with Cebu, Davao and…
Cebu Pacific (CEB) allies with Visa to offer all-inclusive seat sale fares to some of the most popular international destinations within its extensive flight network. The seat sale exclusive for Visa cardholders, started last January 16, 2017 and will be…
The Bangko Sentral ng Pilipinas (BSP) has relaxed rules governing service channels for banks and deposit taking activities outside bank premises. BSP Deputy Governor Nestor Espenilla Jr. said in a chance interview the changes would allow banks to expand their…
Ford Philippines said it posted new record sales in 2016, the fourth in a row, with sales rising 33 percent to 33,688 vehicles, driven by continued strong demand for EcoSport, Everest and Ranger. The company said it also had the best-ever December performance…
Property giant SM Prime Holdings aims to open four shopping malls with a combined gross floor area of 292,000 sqm in the Philippines this year. SM Prime ended last year with 60 malls across the country, as well as six malls in China. President Jeffrey Lim…
Cebu Pacific, the country’s largest carrier, has temporarily suspended flights between the capital and the northern city of Laoag, a government spokesman said Monday. The company did not give a reason for its decision, Civil Aviation Authority of the…
Low-cost airline Cebu Pacific strengthens its partnership with the United Nations Children’s Fund to reach millions of undernourished children in the country. The endeavor is a part of the global organization’s Change for Good program which accepts…
Cebu Air, operator of Cebu Pacific, wants the Civil Aeronautics Board to reallocate the unused flight frequencies of rival Philippine Airlines to India. The Gokongwei-owned airline filed with the CAB an application for allocation and re-allocation of…
Japanese cosmetic brand Shu Uemura is withdrawing from the Philippines. L’Oreal Philippines has confirmed that all branches and counters of the make-up line will be shut down by the end of April. While officially distributed by L’Oreal Philippines, the brand…
With retail rents still affordable compared to other Asia Pacific countries, the Philippines should be attracting more international brands, says a property analyst. This would further fuel the growth of the retail property market this year, says Jones Lang…
Hong Kong-based logistics startup Lalamove has raised US$30 million in Series B funding to enable it to push into more than 100 cities in Asia by the end of the year. It is already established in 45 cities across China and Southeast Asia. Since it launched as…
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