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22 stories in this topic
Philippine Airlines, under the leadership of banking and tobacco magnate Lucio Tan, intends to acquire up to 20 Boeing 787-10 Dreamliner jets as the company upgrades its fleet in response to increased demand in air travel. The national airline has committed…
Philippine Airlines, under the ownership of billionaire Lucio Tan, renowned for his ventures in the tobacco and banking sectors, has successfully garnered US$300 million via a five-year bond sale. This strategic move is aimed at financing the carrier’s…
TheVenti, a leading coffee chain from South Korea, has recently announced its introduction to the Philippine market in partnership with JJR Brothers, a local distributor of food and beverages. Known for its large 20-ounce servings, TheVenti was established in…
Marks & Spencer (M&S), the iconic British retailer, has recently announced a continuation of its operations in the Philippines. This is possible due to a fresh franchise agreement with PT Mitra Adiperkasa Tbk (MAP), an Indonesian retail giant. MAP has had a…
Lifestyle retailer Oh!Some has expanded its operations into the Philippines by launching its inaugural flagship store at One Ayala in Makati. The Oh!Some Brand Oh!Some has a reputation for its unique, intellectual property-driven merchandise. In keeping with…
The popular food and beverage chain from the Philippines, Mary Grace Cafe, is set to establish its inaugural full-service cafe in Singapore in the coming year. This expansion represents the brand’s initial venture into international markets. Mary Grace Cafe…
Sunnies, a renowned lifestyle brand from the Philippines, has established its presence in Thailand, inaugurating its initial outlets in Bangkok. The company has also announced its intention to introduce two additional stores by the end of the current year.…
OldTown White Coffee, a renowned Malaysian coffee brand, is charting an ambitious growth trajectory in the Philippines with a hefty investment amounting to US$21 million (PHP400 million). The funding will facilitate the introduction of 20 additional outlets…
Singaporean Michelin-starred restaurant Putien has opened its first eatery in the Philippines. The Cantonese/Fujianese-style brand has been introduced to the territory by The Vikings Group and opens in The Podium in Ortigas as its 67th location…
Fast-food chain Jollibee Foods Corporation is seeking acquisitions to accelerate expansion plans in China and the US. Targets could include other fast-food chains as well as fast-casual restaurants like Smashburger, the US franchise of which Jollibee owns 40…
Low-cost carrier Philippines AirAsia is seeking to operate flights to India from the Philippines. A regulatory filing showed Philippines AirAsia has filed an application for designation as official Philippine carrier and for the grant of allocation of flight…
PayMaya, the Philippines’ pioneering financial services provider, and JCB International Co., Ltd. (JCBI), the international operations subsidiary of JCB Co., Ltd., have forged a new partnership for JCB Merchant Acquiring and Card Issuing business in the…
The Philippine economy is a thundering train and it is about time for the Nordic design and furniture companies to get on board, Joni Koro, project manager at Nordic Business Council Philippines and founder of GRØN Design Solutions, says. “The sheer amount of…
Chinese telecommunications equipment maker is extending its reach to Southeast Asia’s retails sector. Huawei has launched its first experience store at the SM Mall in Manila. This new experience store represents another major step of the overseas market…
Former Senator Manny Villar is all about business these days. Villar said his company will continue to expand into the retail industry, seeing it as an integral part of the firm’s business model. As chairman of MBV Retail, Villar has launched a convenience…
Gokongwei-owned Robinsons Retail Holdings, Inc. is in talks with other global brand owners as it continues to be on the lookout for other retail names it could bring to the Philippines. The company has set aside P6 billion to open up to 300 new stores and…
