Tag: philippines

Retail Asia30/01/2023
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Cebu Pacific is working to restore more of its flights in other air hubs in the Philippines, such as Clark International Airport, the budget carrier’s president told reporters last week. “We will be happy to resume flights at Clark and the other destinations we used to fly in,” Xander Lao, president and chief commercial officer, […]

Retail Asia06/01/2023
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German-founded British footwear and apparel brand, Dr Martens, has closed all of its physical stores in the Philippines. The brand announced on social media that it closed all of its remaining four stores in Glorietta 4, SM Mall of Asia, SM Megamall, and Manila Bay by the end of last month. However, Dr Martens did […]

Retail Asia05/12/2022
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Carousell, a Singaporean consumer-to-consumer (C2C) service platform operating across Southeast Asia, is letting go of about 110 employees, or 10% of its total headcount, to reduce costs amid a challenging market condition for the tech industry.  The announcement came from the company’s blog on Thursday, posted by co-founder and CEO of Carousell Siu Rui Quek, saying, “I […]

Retail Asia27/10/2022
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Chinese fashion retailer Shein has opened its first pop-up store in the Philippines, seeking to build brand awareness in the market. An opening took place last week at Ayala Malls Manila Bay, featuring a fashion runway, partnerships with Alipay+ and its e-wallet partner GCash and Filipina actress Belle Mariano, its newly appointed local brand ambassador. […]

Retail Asia17/10/2022
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Isetan Mitsukoshi Holdings is set to open the first Mitsukoshi department store in the Philippines by the end of this year under a partnership with local property developer Federal Land. The four-storey lifestyle store, located in Manila’s business district Bonifacio Global City, will host about 120 merchants. Targeting younger, middle-class customers, Mitsukoshi is theming the […]

Retail Asia17/10/2022
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Ikano Retail has recorded its highest turnover yet for the financial year to August 31, reaching US$1 billion across the five markets in which it operates Ikea stores – Malaysia, Singapore, Thailand, the Philippines and Mexico, equivalent to 41.2 per cent year-on-year growth. The increased sales were driven by the return of visitors to physical […]

Retail Asia06/10/2022
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The Department of Information and Communications Technology (DICT) has announced that the Philippines was re-elected to the International Telecommunications Union (ITU) Council on October 3 in Bucharest, Romania. One hundred and ninety-three member states of the ITU selected 48 states to lead the Council. The Philippines is among the 13 states selected from Region E […]

Retail Asia29/09/2022
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Philippine fast food chain operator Jollibee Foods on Wednesday said it will inject over $60 million into its dim sum chain, Tim Ho Wan, to expand in mainland China, where strict COVID-19 lockdowns have battered the restaurant industry. Jollibee, which aims to join the likes of McDonald’s and Yum Brands as one of the world’s […]

Retail Asia06/09/2022
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Globe Telecom has announced that it has built 933 base stations in the first half of 2022 as part of its continued 5G rollout across the Philippines. Globe’s 5G network outdoor coverage has reached nearly 97% of the National Capital Region and 86% of key cities in Visayas and Mindanao. “Globe has been ramping up […]

Retail Asia29/08/2022
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NOW Telecom Company has announced it was granted the approval of the Philippines’ Securities and Exchange Commission (SEC) for the increase of NOW Tel’s authorized capital stock, the quasi-reorganization of its equity and a stock split. Following the approval, the company increased the number of its authorized common shares from 14.59 million to 952.09 million […]

Retail Asia22/08/2022
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Cebu Pacific, the country’s leading airline, continues to boost its international network as it adds flights to some of its top ASEAN destinations, namely Bangkok and Bali. Beginning Aug. 29, 2022, CEB will fly daily from Manila to Bangkok, coming from its current five-times-a-week frequency. By September, flights from Manila to Bali will also increase […]


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