Reporting and analysis on retail, e-commerce, and consumer trends in Philippines, updated continuously by our newsroom.
Cebu Pacific has taken delivery of a new Airbus A330-300 aircraft in time for the festive peak season. The new twin-aisle jet was delivered on 14 December and has now entered service on the airline’s route between Manila and Hong Kong. This deployment has led…
The Philippines’ leading carrier, Cebu Pacific Air (CEB), has received a new Airbus A330-300 aircraft, creating more available seats in time for the holiday season. CEB will be utilising this aircraft for flights between Manila and Hong Kong from Tuesday, a…
The Philippines’ PLDT, through mobile subsidiary Smart, has completed the first showcase of 5G speeds in the nation. During the trial the companies achieved a peak speed of 2.5Gbps using 100 MHz of spectrum, as well as a latency of just 1ms. The demo was…
Philippine Airlines has firmed an order for five Bombardier Q400 turboprops, with purchase rights for an additional seven aircraft. The five Q400s, which will be configured with 86 seats in two classes, will be delivered throughout 2017, says Bombardier in a…
Lazada Group’s Online Revolution, also known as 12.12, has again proven to be the biggest online shopping event in Southeast Asia, ringing up US$40.5 million in sales. About 60 per cent of the gross merchandise value (GMV) of the December 12 event came from…
“The divestment is part of the company’s intention to concentrate its resources on businesses with greater potential,” Jollibee said in its statement, essentially admitting the business was not performing to expectation. The company will now focus on “larger…
Enterprise Asia, a non-governmental organization based in Malaysia that organizes the Asia Pacific Entrepreneurship Awards (APEA), honored retail pioneer Henry Sy, Sr. with a Lifetime Achievement Award last Dec. 1 at a ceremony held at the Dusit Thani Manila.…
The long wait has been over for travelers from this northwestern part of Leyte going to Cebu, following the opening of daily flights. The 35-minute Cebu-Ormoc-Cebu flight had its inaugural flight on Saturday and carried 54 passengers from Ormoc City.…
AirAsia Philippines, the local arm of Asia’s biggest budget carrier AirAsia Berhad, is ramping up plans to launch an initial public offering in 2017, its chief executive officer Tony Fernandes said. AirAsia Philippines continues to enjoy strong demand despite…
Airliner Cebu Pacific (CEB) further builds its presence in the MIMAROPA and Bicol regions with the launch of two more routes. Starting February 15, 2017, CEB’s wholly owned subsidiary, Cebgo, will launch daily flights between Manila and Masbate; and four…
Control of the Foodpanda business has been sold by parent Rocket Internet, including the remaining Asian operations. German-based online food-ordering service Delivery Hero Holding, which is active in 33 countries, has acquired Rocket Internet-backed Emerging…
Cebu Pacific may offer additional flights to Australia and the United States as part of efforts to expand its international network, its chief executive officer said. The Gokongwei-led carrier earlier said it expects its long-haul business to post a profit,…
A 32-year-old executive is driving the growth of electronic commerce in the Philippines, encouraging millennials to shop for fashion items through their smartphones. Paulo Campos III, the Princeton University-educated co-founder and managing director of…
Hong Kong logistics startup Easyship has raised an undisclosed amount of pre-series A funding from 500 Durians, a fund managed by Silicon Valley’s venture capital major 500 Startups. Easyship is an online platform providing crossborder logistics services for…
A Philippines Senate committee plans next year to draw up legislation that would reform the nation’s telecommunications industry. The Senate committee on economic affairs is considering reforms including granting more powers to regulator the National…
Thai firm local subsidiary PTT Philippines rolls out its five-year investment plan commanding capital outlay of P5.0 billion to bulk up on its retail network to 300 stations. PTT President Sukanya Seriyothin said “you can expect to see more PTT stations as we…
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