Ayala Land Premier (ALP), the top-tier market segment unit of Ayala Land Inc. is launching the country’s most expensive residential development to date with a total value of P20.5 billion—including an ultra-luxurious unit sold at P477 million. “ALP competes…
Satellite operator SES, the Luxembourg Ministry of Foreign and European Affairs, and the non-governmental organization (NGO) German Doctors have launched the satellite-based e-health platform SATMED in the Philippines. The solution was deployed at the German…
Turner Asia Pacific and Globe Telecom in the Philippines are making available to Globe customers two upgraded Cartoon Network apps. An authenticated version of the Cartoon Network Watch and Play app unlocks its full functionality, including a live stream of…
Philippine president Rodrigo Duterte announced in his first State of the Nation Address (SONA) on Monday that he wants the newly created Department of Information and Communications Technology (DICT) to develop a national broadband plan to accelerate the…
SM Prime’s SM Seaside City Cebu was recognized recently by the Urban Land Institute (ULI) Philippines Building Healthy Places Awards in the Commercial-Retail category. Building Healthy Places Awards recognize outstanding and innovative projects that add value…
Philippine fastfood giant Jollibee Foods Corp is keen to expand its footprint in China. Jollibee China is likely to add 20 to 40 new stores to its 400 outlets, according to Jollbee CEO Ernestro Tanmantiong. He said the company continues to target 5 to 10 per…
Local franchisee, Golden Arches Development, expects McDonald’s Philippines to reach 500 stores in 2016 and 900 in coming years. Golden Arches VP for marketing Margot Torres said in an interview, “We are going to hit the 500 stores before the end of the year…
The chief of the new Philippines Department of Information and Communications Technology (DICT) has ordered the inventory of used and unused telecoms spectra. In his first public speaking engagement and media interview since assumption into office on July 1,…
The Batam city government said it will continue cooperation, which began last year, with the Japanese city of Yokohama. Batam city mayor Muhammad Rudi said the cooperation would be continued as the cooperation has been a success thanks to assistance from the…
SM Prime Holdings, Inc. has set the interest rate for its Peso-denominated Series F, 10-year retail bonds at 4.2005% per annum. SM Prime will issue an aggregate principal amount of Php10.0 billion of the Series F bonds, which will be offered to investors…
Netflix has entered into a partnership with Globe Telecom, to provide access to viewers the Philippine telco’s mobile or broadband service. Globe customers will be able to subscribe to Netflix through Globe, and enjoy its content anytime, anywhere, on nearly…
Smart Communications is rolling out enhanced WiFi to the Philippines’ major transportation hubs, government offices and key business establishments. The PLDT subsidiary has earmarked close to 1 billion pesos ($21.2 million) for the service expansion. The…
Globe Telecom has challenged the Internet Society-Philippines Chapter (ISOC) move to oppose Globe and PLDT’s proposed joint acquisition of San Miguel Corporation’s telecoms assets, including its 700-MHz spectrum holdings. ISOC recently wrote to the Philippine…
SM Prime CEO, Hans Sy, has announced a semi-retirement. Sy has also served as SM Prime’s president since 2004, while holding key positions in SM subsidiaries and affiliates. Teresita Sy-Coson, vice chairperson of SM Investments – parent company of SM Prime,…
Globe Telecom announced that it has expanded its operations in Asia with the establishment of GlobeTel Japan, Inc. With this office in Tokyo, the company is in a better position to serve the communications needs of customers in the Philippines as well as the…
Asian eCommerce company, Zalora, has relaunched its scholarship program, now on its second year. The theme for the Zalora Scholarship this year is “Function Vs Fashion: How the Two Coexist in (Major) Trends Over the Decades”. The online retailing company says…
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.
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