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The Philippines’ SM Group is quickly transforming its beauty and wellness portfolio in response to a surging demand from consumers across the nation. With an ambitious aim to be at the forefront of this booming sector, SM Beauty has introduced over 1,000…
Oysho, an activewear brand under the umbrella of Inditex, the same company that owns Zara, has recently made its grand entrance into the Philippine market with a store opening at the Mall of Asia in Manila. A Fresh Concept for Retail Space The newly launched…
An estimated 177,000 square meters of new retail space is on the horizon, set to make waves in Manila’s market by the second half of 2025. As the bustling holiday season approaches, tenants are revamping their strategies and gearing up for a promising…
In a bold step towards modernizing its operations, Bank of Commerce (BankCom), a prominent Philippine bank, has successfully migrated to a new core banking system. This significant upgrade, which encompasses the bank’s 140 branches and expansive ATM network,…
PLDT Home has reported impressive growth in the first half of 2025, driven primarily by its fiber services, which saw revenues increase by 7% year-on-year, reaching PHP 29.5 billion. As fiber now accounts for a staggering 97% of home revenues, the company’s…
Globe Business has joined forces with Blackpanda, the region’s premier cyber incident response specialist, to provide affordable, enterprise-grade cybersecurity solutions tailored for businesses in the Philippines. Their innovative partnership promises a…
In the heart of Vietnam’s Mekong Delta, traders like Hang are feeling the pinch. In a region renowned for its rice production, Hang purchased only a few tons last week, a stark contrast to his usual orders of hundreds. Amid this landscape of caution, rice…
The Philippines is witnessing an exciting technological leap as leading telecommunications operators PLDT and Globe Telecom embark on trials and initial deployments of Taara, a cutting-edge laser internet system developed by Google’s ambitious X Moonshot…
The hospitality landscape in Metro Manila is brimming with potential as the market anticipates the addition of approximately 3,000 new hotel rooms by the end of 2025. According to a recent report from JLL, hotel occupancy rates are currently strong, yet this…
Outstanding loans from universal and commercial banks experienced an 11.8% year-on-year increase in July 2025, as reported by the Bangko Sentral ng Pilipinas (BSP). This figure, although slightly tempered, still builds on the robust growth seen in June, where…
SM Investments Corporation (SMIC) is on a mission to reshape the retail landscape in the Philippines by transforming malls into vibrant experience hubs. With millennials and Gen Z leading the charge for prioritizing experiential engagement, SMIC is ramping up…
As the financial year closes, alarm bells are ringing for Dali Everyday Grocery Philippines, as the company’s financial stability comes under scrutiny. The grocery chain’s losses have widened this year, with liabilities creeping up to nearly match its assets.…
In a surprising twist for the global rice market, Vietnam’s rice exports are anticipated to exceed 8.2 million tonnes this year, despite a temporary suspension of rice imports from its biggest buyer, the Philippines. This surge is powered by increased…
TH Coffee Services Philippines Corporation, the Philippine operator of the Canadian coffee chain Tim Hortons, has quashed rumors that it plans to exit the Philippines market. These speculations came about after several customers observed store closures and a…
PLDT Enterprise, a dominant force in the Philippines for connectivity solutions and ICT services, is playing a pivotal role in shaping the nation into a strategic digital hub. As the enterprise division of the country’s largest integrated telecommunications…
Jollibee Foods Corporation (JFC), a leading global fast-food company, has reported a 5.6% year-on-year rise in the second quarter’s attributable net income, reaching $57.78 million. This increase was primarily fueled by robust gains from the firm’s overseas…
