Reporting and analysis on retail, e-commerce, and consumer trends in Philippines, updated continuously by our newsroom.
Shakey’s Pizza Ventures (Spavi) aims to raise more than P5.5 billion (US$113 million) through an initial public offering (IPO) in the Philippine Stock Exchange this year. The restaurant chain has filed a prospectus with the Securities and Exchange Commission…
American diner Denny’s has arrived in the Philippines, opening at Uptown Parade in Bonifacio Global City (BGC). The Denny’s Manila restaurant is the first of several planned for the brand’s newest international market. Mall owner Megaworld Corporation founder…
Philippine president Rodrigo Duterte has threatened to break up the market’s telecoms duopoly if incumbent operators Globe and PLDT do not improve their services. Duterte has indicated he may bring in competitors from China unless consumer complaints about…
TravelersBox kiosks are being launched in Asian airports allowing travellers to deposit their leftover foreign coins into their preferred online accounts. More than 40 are expected to be service by the end of the year. TravelersBox is the first service…
The Philippines premier design and lifestyle event, Manila FAME 2016, is expanding the show with more venues, extended hours, and more SME exporters, while showcasing new artisans, designers, and products. The 64th edition of Asia-Pacifics second-longest…
Retail sales of Ford Philippines surged to 8,244 units in the third quarter of 2016, up 32 percent from a year earlier. The demand for the EcoSport, Ranger, and Everest models helped grow the carmakers’s Philippine sales, Ford said in a statement on Thursday.…
With the Philippines’ consumption-driven economic boom showing no signs of abating, modern retail enterprises are sprouting outside the capital. Some are new companies eager to make a mark alongside the country’s established conglomerates. DoubleDragon…
The McDonald’s Philippines network is set to nearly double by 2020. Parent Alliance Global Group (AGI) says it will reach 500 outlets by the end of 2016 – and it plans to open another 400 restaurants between 2017 and 2020. The plan was revealed during a…
Jimmy Choo Asia sales are soaring, despite the downturn in the luxury market. While the company does not break down its Asian sales figures by market, analysts are reporting “record growth” in Hong Kong and China, in part aided by the opening of a new store…
Several Indonesians will be among the master craftsmen from selected ASEAN countries to participate in Manilas premier design and lifestyle event in Pasay City, the Philippines, from October 20 to 22, 2016. The ASEAN Master Craft Design Festival, titled…
In support of local handcraft ateliers under the Design for Exports Program, the Center for International Trade Expositions and Missions (CITEM) has recently enjoined 15 local manufacturers in a product development program. The program focuses on new…
After purchasing two Strategic Sealift Vessel (SSV) warships from PT PAL Indonesia, the Philippine government is considering putting in another order for a medical support vessel from Indonesia’s state-owned shipbuilder. During the 2016 Asian Defense &…
Listed Philippine property developer Double Dragon plans to build a network of 100 neighbourhood style shopping malls across the Philippines by 2020. The company has already opened eight CityMall centres and secured 53 sites to date. The new centres will…
After rapidly building a network of stores across Asia, Japanese eyewear retailer Owndays has made its European debut. Owndays Europe has opened its first store in the Netherlands, the design largely true to its Asian format and its simple pricing model…
UFC Gym plans to open the first of 30 MMA-inspired gyms in the Philippines early next year. Under a new 10-year partnership with the Fitspiration Philippines Corporation, the first signature branch will be at Glorietta mall in Makati. “Filipino fight fans…
Globe Telecom has become the Philippines’ first operator to implement NICE’s Total Voice of the Customer (TVOC) suite to help improve the customer experience. The operator has deployed the suite across seven of its customer-facing touchpoints, including the…
Free background guides on how retail works in this market.
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Over 110 million consumers, mall-centric urban life, remittance-driven spending cycles, and a logistics map made of islands.
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