Reporting and analysis on retail, e-commerce, and consumer trends in Philippines, updated continuously by our newsroom.
Calypso Technology, Inc., the standard for treasury and capital markets software, has signed its first client agreement in the Philippines, furthering its rapid 2015 expansion in Asia Pacific. The onboarding of China Banking Corporation (China Bank), one of…
Jollibee, Asia’s largest fast food restaurant operator, is planning to enter seven new markets over the next two years. According to a report in The Standard, Dennis Flores, VP for international operations of Jollibee, has revealed the company plans to take…
Singapore-based Mobikon has tied up with Bank of the Philippines Islands (BPI) in Manila to offer its customer engagement platform to restaurants. The tie up will add a repertoire of over 300 restaurants in Mobikon’s network and strengthen its presence in…
Bank of the Philippine Islands, the third-largest bank in the country, posted an 8-percent increase in net income in the first nine months to P13.84 billion from P12.8 billion year-on-year on the strength of its core businesses. Total revenues increased 9…
Philippine supermarket and department store chain Metro Retail Stores Group Inc said its initial public offering (IPO) was priced at a steep discount of 35 percent due to market volatility, cutting the expected proceeds from its listing to $86 million. The…
BDO Unibank, already the Philippines’ largest lender, with total assets of 1.86 trillion pesos ($39.3 billion), has big plans — some of which include a new Japanese partner. The bank is part of the SM Group, which mainly operates a range of retail businesses…
Johnny Rockets Philippines has opened a new restaurant in the Ayala Fairview Terraces Mall, Quezon City. “With its all-American fare and friendly service, Johnny Rockets is unlike any other restaurant concept in the area,” said Dr Amable Aguiluz IX, franchise…
Even as the outrage over the tanim-bala (bullet-planting) scam has dominated Philippine social media, the trending tweets in the United Kingdom last Tuesday evening was #VisitPhilippinesAgain2016. About 200 UK-based travel media, bloggers, TV celebrities,…
SM Center Sangandaan has opened its doors – owner SM Prime’s 55th mall in the Philippines. It is SM Prime’s first mall in the populous City of Caloocan, one of the 16 cities within Metro Manila. The new mall provides an additional 38,622 sqm in gross floor…
The country’s biggest online retail firm, Lazada Philippines, has announced the launch of its month-long Christmas sale, bubbed as Lazada Online Revolution, from November 11 to December 12, slashing prices of over 200,000 goods across 13 product categories up…
In October 1958, SM, then known as Shoemart, was nothing but a lone store along Rizal Avenue in downtown Manila. Fifty-seven years later, it has become a part of the lives of millions of Filipinos across the country and abroad. And with more than half a…
English Premier League club Manchester City has partnered with EZ Shopnet to launch five online stores serving Asian fans. Manchester City online stores will be launched for customers in China, Hong Kong, Japan, Korea andSoutheast Asia. As the club’s new…
The country’s flag carrier Philippine Airlines (PAL) and Air Asia Philippines cancelled nearly 300 domestic and international flights in anticipation of disruptions in runway operations on the week of the Asia-Pacific Economic Cooperation (Apec) Summit. In an…
Philippine firms are on an unprecedented global shopping spree spending billions on everything from vineyards to food manufacturers and casinos reflecting the nation’s recent economic rise. A combination of strong domestic growth bargain prices in retreating…
Fashion brand M)phosis, once cited as among the more successful home-grown labels, has shut all its stores in Singapore. The Straits Times understands that all its outlets in Vietnam, Malaysia, the Philippines and Indonesia – more than 10 of them – are in the…
The Philippines ranked among the countries in the region most vulnerable to hackers who target electronic retail systems, cybersecurity company Trend Micro’s Philippine unit said on Wednesday in a media briefing. Point-of-sale (POS) system malware incidents,…
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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Who the landlords are, how leases are structured, what drives rent, and how to choose a location in Philippines.
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