Prominent Japanese companies already operating in the Philippines conveyed Tuesday their expansion plans to visiting Philippine President Benigno Aquino, his communications minister said. According to Secretary Herminio Coloma, Senji Miyake, chairman of Kirin…
Philippines retail conglomerate SM says it’s in talks to purchase grocery retailer Cherry Foodarama. In a disclosure to the inventory trade, SM Investments stated the 2 corporations are planning to enter right into a three way partnership, topic to agreeing…
AS part of the company’s robust expansion program, independent oil player PTT Philippines is pouring in P450-million worth of investment in retail this year. Khun Korawat Sungmongkol, PTT Philippines director for operations and logistics, said part of the…
French patisserie Laduree has confirmed its entry into the Philippines. The Parisian retailer – well-known for its macarons, will open in Rockwell at Makati Metropolis in larger Manila on July 19. The model is being delivered to the Philippines by franchisee…
It’s the first and only university town center in the Philippines,” says Rowena Tomeldan, vice president and head of operations at Ayala Land. Since it opened two years ago, the UP Town Center has served as a vibrant hub of leisure activity for the large…
Philippine Airlines (PAL) is increasing seat capacity for its Manila-New York flights by shifting to a bigger aircraft this month. PAL said, starting October 26, it will shift to the Boeing B777-300 for long-haul operations between the two cities. The B777 is…
Sumber Alfaria Trijaya, the operator of the Alfamart comfort retailer chain, plans to open between 100 and 120 new shops within the Philippines via its subsidiary Alfamart Retail Asia, as a part of the corporate’s regional enlargement plan. The corporate has…
President Benigno Aquino has approved a proposal to import more rice this year, government sources said, in a move to avert a potential spike in food price inflation due to forecast El Nino affected dry weather conditions. Fresh buying by the Philippines, one…
Chinese language cell phone model Huawei is planning a serious Asian regional retail rollout. “Our model constructing finances might be doubled for the Southeast Asian markets since there’s a robust risk of progress in market share,” says Huawei Shopper…
John Lewis, a chain of quality department stores operating through out Great Britain, will open its first shop-in-shop in the Philippines at SM Makati today. The chain is part of the John Lewis Partnership, and is known for its slogan “Never Knowingly…
Philippine Seven Company, the native licensee of 7-Eleven Comfort Shops, has reported a 12.9 per cent progress in internet revenue for the primary quarter of 2015. The corporate says the rise is the results of improved working margin and its aggressive…
Maisen Tonkatsu, described as Japan’s “greatest tonkatsu restaurant”, is to open a sequence of eating places within the Philippines. The primary restaurant, described as a flagship, will open at SM Megamall by the third quarter of 2015. Maisen Tonkatsu, based…
Philippine liquor firm Emperador said on Monday it has submitted a bid to buy French cognac maker Louis Royer from Japan’s Suntory Holdings, and could go to the debt market to fund the deal. The acquisition is unlikely to cost Emperador more than last year’s…
The Primer Group of Companies, a Philippines lifestyle fashion company, believes sales of FitFlop shoes in Asia-Pacific this year will outpace last year’s with Thailand driving growth. Camille Karaan, deputy director and vice-president of Primer International…
Britain’s John Lewis Partnership said on Sunday it planned to expand internationally by opening outlets in 11 branches of department stores in the Philippines. The outlets, due to open this summer, follow its establishment of shops in seven branches of South…
Filipino retailer Robinsons Retail Holdings expects to boost the ranks of its loyalty program membership beyond 1 million by the year’s end after forging a new partneship with Caltex. Robinsons, the Philippines second largest retail group, says its Robinsons…
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