VinFast, Vietnam’s rising star in electric vehicle (EV) manufacturing, is gearing up to revolutionize the automotive landscape in the Philippines. In an exciting announcement, the company revealed a partnership with four key Philippine firms to roll out over…
Vietnam’s electric vehicle manufacturer VinFast is revving up its presence in the Philippines with an ambitious plan to establish over 100 authorized service centers by 2025. This initiative is the result of a strategic partnership with four significant…
UK-based sports fashion retailer JD Sports is making a splash in the Philippines with plans to open two stores in 2025, tapping into the country’s growing streetwear and sneaker culture. The first location will debut at the bustling SM Mall of Asia come June,…
Tom van Wijlick, an emerging force in the watch industry, shares his journey from an IT entrepreneur to the founder of two successful watch brands, Lebois & Co and Airain. With a passion for horology ignited by his childhood Swatch, van Wijlick has set out to…
on Vina T&T, a major player in the fruit export sector, is making headlines as it offers a staggering VND 220,000 (approximately US$8.47) for a dozen coconuts—the highest recorded price to date. With prices more than doubling year-on-year, this surge reflects…
SM Prime Launches Ambitious Expansion Plan Amid Rising Consumer Trends In a bold move reflecting the growing consumer wealth in the Philippines, SM Prime Holdings is set to embark on its most extensive expansion and diversification initiative since opening…
Zus Coffee Eyes Major Expansion with 200 New Outlets in Southeast Asia Company Targets Multi-National Growth in 2024 Malaysia’s prominent coffee chain, Zus Coffee, is set to make a significant impact on the Southeast Asian market by launching 200 new outlets…
In a landscape marked by resilience and growth, the wealth of Filipino billionaires has captured the attention of the retail and investment sectors alike. As these influential figures expand their businesses and adapt to emerging consumer trends, their…
McDonald’s has renewed its 20-year master franchise agreement in the Philippines, extending its partnership with Golden Arches Development Corporation (GADC) until 2045. Under the new agreement, the company retains exclusive rights to own, develop, operate…
The United Airlines plans to add daily flights to Vietnam and Thailand in October, further expanding the network for the U.S.-based carrier that already has the most Asia service, reported CNBC. In the expansion, its airplanes from Los Angeles and San…
PLDT Chief Operating Officer, Menardo Butch G. Jimenez, emphasized the increasing potential of tech-focused telcos in the region’s changing digital landscape. He mentioned, “We have already built 10 data centers and are finishing our 11th and biggest…
The Philippines-headquartered restaurant group Jollibee Foods plans to have 10,000 eateries globally this year, with a focus on North America. The company, known for its fried chicken Jollibee chain, eyes to invest PHP18-21 billion (US$312-364 million) to…
has opened its first location in the Philippines at Manila’s Parqal Mall. The two-story restaurant seats 90 guests and features a full bar and table service, blending Texas-style barbecue with Filipino flavours. The menu includes Dickey’s signature…
Jollibee Foods Corporation (JFC) posted strong double-digit growth in 2024, with its coffee and tea brands playing a key role in driving revenue and profits. The company’s revenue rose 10.6 percent year-on-year (YoY) to US$4.7 billion, while EBITDA (earnings…
F&B giant Jollibee Foods Corporation (JFC) has received approval from the Philippine Stock Exchange (PSE) to remove its 40 percent foreign ownership limit. The decision follows the company’s amendment request to its articles of incorporation, which also…
Philippine authorities arrested around 100 people on Friday in a raid on a suspected online scam farm in Manila they said extorted victims. The raid in the Makati financial district was part of a crackdown against online crime operators that often act under…
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