June 19, 2026

Latest News

Cebu Pacific income dives in 2018

Cebu Pacific income dives in 2018

Cebu Air reported its net income plunged 50.6% to P3.9 billion in 2018, from P7.9 billion in the previous year, due to the “challenging macro environment.” In a statement over…
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Uniqlo Parent Cuts Financial Outlook

Uniqlo Parent Cuts Financial Outlook

Uniqlo parent Fast Retailing has cut its annual operating forecast amid heavy discounting to offload winter clothes. The apparel company has struggled with a shortage of popular winter items in…
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Carousell raises US$56 million from Naspers

Carousell raises US$56 million from Naspers

Singaporean m-commerce platform Carousell has raised US$56 million from Naspers, the parent company of the Philippines’ online marketplace OLX. As part of the deal, Carousell will also acquire OLX Philippines,…
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Omnichannel key to AS Watson Group success

Omnichannel key to AS Watson Group success

Don’t mention the so-called ‘Retail Apocalypse’ to AS Watson Group MD Dominic Lai. An ardent enthusiast in new-generation retail technology, he heads a company that has just celebrated its 15,000th…
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