Reporting and analysis on retail, e-commerce, and consumer trends in Philippines, updated continuously by our newsroom.
Philippine property developer Megaworld Corp and its subsidiaries have earmarked P55 billion (US$1.172 billion) for capital spending in 2016 to boost commercial assets. Real estate tycoon Andrew Tan’s flagship property arm and subsidiaries Global-Estate…
Billionaire Henry Sy, owner of the largest Philippine builder and retailer, has partnered with an online retailer backed by Germany’s Rocket Internet SE to target the rising number of consumers in the Southeast Asian nation who shop using the Internet. SM…
Lazada, the leading online shopping and selling destination in Southeast Asia is celebrating its 4th anniversary with a 4-day Birthday Sale from March 15-18. The Birthday Sale will treat shoppers to a range of deals of up to 90% across a wide selection of…
Philippines SMEs and micro-businesses are being urged to pursue eCommerce in a government initiative. Micro, small and medium enterprises (MSME) should benefit from global trade opportunities through eCommerce, says the Philippine government. The Department…
Jakarta-based HappyFresh is bringing its operations to the Philippine market by the second quarter of 2016. Manila is the online grocer’s fifth market in Asia, following Indonesia, Malaysia, Thailand and Taiwan. Isabel ‘Pao’ Barientos, former chief operating…
US retailer Charming Charlie has opened its pink doors in the Philippines. And following this Asian debut, the US-based fashion retailer is now eyeing Malaysia, Indonesia, Korea and China for expansion. The company had first expanded in Canada and the UAE…
Haier Philippines has announced plans to open its first concept shop in Cebu next quarter. Randy Esguerra, Haier executive director for the Visayas and Mindanao regions, said the concept shop will be the only one in the country to date. “We would like to say…
Leading Philippines retail, banking and property developer SM Investments Corp has entered into a partnership with e-commerce giant Lazada. Through this alliance, it hopes to leverage Lazada’s popularity in the Philippines (6th most popular website) to push…
Only 15 percent of members of the board of the country’s top 100 companies by revenue are women, according to the March 2016 issue of Forbes Philippines magazine. Focusing on women in business in line with International Women’s Month this March, Forbes…
Retail king Henry Sy, Sr. remains the Philippines’ richest person, according to the Forbes 2016 Global Billionaires’ list. Sy, 91, has an estimated net worth of $12.9 billion – roughly P562.3 billion – as of this month, making him the world’s 71st richest…
Despite challenges such as slow internet speed, online grocery platform HappyFresh remains confident that it has a winning recipe for its expansion into the Philippines. The grocery delivery start-up announced on Mar 3 that it would be venturing into the…
SM Investments Corporation (SM) won two awards for its annual report and maiden Environmental Social and Governance (ESG) Reports during the Public Relations Society of the Philippines’ (PRSP) Gabi ng Parangal 51st Anvil Awards held recently. SM’s first 2014…
Toys’R’Us has announced that Monika Merz, president, Asia Pacific, will retire effective May 31. Her successor will be named later. As president of Toys’R’Us Asia Pacific, Merz oversees all operations and business activities for the company’s more than 300…
Prime Orion Philippines (POPI), which developed and owns Tutuban Center in the shopping district of Divisoria, Manila, is being taken over by retail and property conglomerate Ayala Land. In a deal worth P5.625 million (US$118.41 million), it is acquiring a…
The first editions of World Travel Market’s new “pod” shows – WTM Connect Asia and WTM Connect China, will take place back to back in May this year focusing on the booming South East Asian and Chinese leisure tourism markets. Both events bring together…
February 29, 2016: SM Investments Corp (SM), the holding company of Philippine-based conglomerate SM Group of Companies, is merging its retail arm SM Retail Inc with related retail firms earning revenues up to $1 billion. SM earlier disclosed that its board…
Free background guides on how retail works in this market.
Philippines
Over 110 million consumers, mall-centric urban life, remittance-driven spending cycles, and a logistics map made of islands.
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Segments, digital behaviour, price sensitivity and the buying patterns that shape assortment and promotion in Philippines.
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How last-mile delivery works in Philippines, what drives cost per drop, and how to set a service promise you can keep.
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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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