makati

Retail Asia06/11/2019

Bangko Sentral ng Pilipinas aims to issue new implementation rules regarding Islamic finance before the end of the year and potentially allow banks to establish separate subsidiaries for the new business line. The BSP is pushing for an open approach where conventional banks can operate Islamic banking windows or establish subsidiary Islamic banks, BSP deputy […]

Retail Asia29/05/2019

SM Retail has achieved a first-quarter profit increase of 5 percent to P2.7 billion (US$51.7 million). Retail revenues in the first three months rose by 13 percent year-on-year to P79 billion, while sales from specialty retail stores grew by the same percentage to P19.6 billion. As at the end of March, SM Retail had 2385 […]

Retail Asia29/05/2019

Philippine property giant SM Prime Holdings says its net income in the first quarter increased 16 percent based on higher rental income and residential sales. Gross earnings increased 14 percent to PHP26.5 billion (US$508.1 million) during the time period, while total outgoing grew 11 percent to PHP13.6 billion ($260.7 million). Net income attributable to shareholders […]

Retail Asia20/03/2019

The Philippines’ PLDT and mobile division Smart have signed an agreement with Nokia to pilot the deployment of 5G technologies and services in schools. The agreement will see PLDT, Smart and Nokia collaborate to identify real-world 5G standalone solutions for use in schools, colleges and universities, including arificial intelligence, drones and advanced IoT applications. The companies will levearge the PLDT-Smart Technolab […]

Retail Asia10/10/2017

Affordable luxury leather goods brand Michael Kors has finished renovating its flagship store in Manila, reopening to the Filipino customer in October 2017. Located at Greenbelt 5, the improved Makati store unveils a new play on metal accents — as seen on shelves and fixtures – for the US brand. The New York handbag and accessories retailer is […]

Retail Asia02/10/2017

Michael Kors Philippines has completed the renovation and reopening of its flagship store at Greenbelt 5 in Makati. The US affordable luxury brand is distributed in the Philippines by Stores Specialists Inc (SSI) and has other stores at Central Square on Bonifacio High Street, Newport Mall, Power Plant Mall, Rustan’s Makati, and Shangri-La Plaza Mall. […]

Retail Asia17/08/2016

Keeping in mind the growing demand for safer travel, globally recognized travel gear brand Pacsafe has opened its first flagship store in the Philippines. The boutique, the company’s first in the world, is located at G/F Glorietta 5, Makati City. It was officially launched through United Limsun International Trading Corp., the brand’s exclusive distributor in […]

Retail Asia04/08/2016

Philippine service provider PLDT has opened the country’s biggest data center at major business district Makati City. The new facility has been built to serve a wide range of organizations, particularly those handling vital data such as banks, business process outsourcing (BPO) firms, IT and content providers and government institutions. Set up by PLDT subsidiary […]

Retail Asia26/03/2016

The National Basketball Association (NBA) has opened the third Manila NBA Store. “[The new branch] has the most complete assortment of [NBA] products and merchandise in the Philippines,” said NBA Philippines MD Carlo Singson during a press conference. The International Athletic Trading Company (AITC) is managing the new branch in Trinoma Mall, Quezon City (right […]

Retail Asia16/12/2015

Prada Philippines has reopened its high profile boutique in the Greenbelt Ayala Center in downtown Makati, Manila. The expanded and renovated store inside the prestigious mall was designed by architect Roberto Baciocchi, covers a total area of approximately 200 sqm on a single level. It houses women’s and men’s leather goods, accessories and footwear collections. […]

Retail Asia21/05/2015

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 Undersold.” John Lewis Partnership is UK’s largest example of worker co-ownership where all […]

Tag: makati

Philippines Central Bank Issues Islamic Finance Rules

SM Retail Achieves Small Profit Boost

SM Prime profit rises 16% in first 3 months this Year

Smart, Nokia to pilot 5G deployments in schools

Michael Kors reopens Makati flagship store

Michael Kors Philippines updates Makati flagship

Pacsafe opens first global flagship store in the Philippines

PLDT opens Philippines’ biggest data center

Third Manila NBA Store opens

Prada Philippines re-opens expanded Makati boutique

UK’s John Lewis opens today in Makati