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Retail Asia01/03/2017

The Philippines’ largest airline, Cebu Pacific (CEB), flew 19.1 million passengers in 2016, an increase of 4 per cent from the 18.4 million passengers flown in 2015. On average, CEB flights were 86 per cent full during the year. Growth in passenger volume was largely driven by the airline’s low-cost short-haul services, and increased frequencies […]

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Retail Asia28/02/2017

Tim Hortons Philippines has launched its first branch at Uptown Place Mall in Bonifacio Global City. It is the Canadian cafe and bakeshop’s first foray into Southeast Asia. Miss Universe Canada 2016 Siera Bearchell was in Manila for restaurant’s ribbon-cutting ceremony. With her were Department of Tourism secretary Wanda Teo, Tim Hortons president Elias Diaz […]

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Retail Asia27/02/2017

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Ayala Corporation has stepped into eCommerce by acquiring a 49 per cent stake in BF Jade E-Service Philippines, which owns and runs fashion platform Zalora Philippines. The conglomerate has announced it is buying 43.3 per cent of BF Jade, while in a separate disclosure Ayala Land says it will own 1.91 per cent. BPI Capital […]

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Retail Asia27/02/2017

Japanese cosmetics brand Do-Best is looking at opportunities in the Philippines and broader Southeast Asian markets, including Indonesia. Do-Best CEO Daitaro Sugawara was in the Philippines for a group networking session organised by Security Bank and Japan’s Mitsubishi UFJ Financial Group. He was matched with executives from local retailers including Metro Retail and National Bookstore. […]

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Retail Asia27/02/2017

Branded luggage-maker Samsonite Asia aims to make China its biggest market within five years, pinning its hopes on eCommerce and social media to fuel growth. While sales in China now account for more than 10 per cent of its total revenue, Samsonite CEO Ramesh Tainwala says they are likely to double by 2022, thanks to […]

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Retail Asia27/02/2017

Southeast Asian fashion ecommerce company, Zalora, has been in the process of shutting shop in a few Asian countries. The company had retreated from Thailand and Vietnam last year, and is pulling out from Philippines and Indonesia. Launched in 2012, the Rocket Internet backed online shopping company was functioning in Malaysia, Singapore, Brunei, Hong Kong, Taiwan, […]

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Retail Asia26/02/2017

AirAsia said on Friday it will mount new routes from Cebu and Davao starting April as it continues to expand its network outside Metro Manila. New flights will be launched from Cebu to Davao, Palawan, and Boracay/Caticlan and from Davao to Clark, Cebu, Palawan, and Boracay/Caticlan in April 22, 2017, the airline said. The Cebu […]

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Retail Asia26/02/2017

Inflight Sales Group (ISG) has been awarded a five-year contract by Philippine Airlines (PAL) following the airline’s recent inflight retail concessionaire tender. PAL chairman Lucio C Tan Senior took part in the official contract signing with ISG Group managing director Tony Detter at a ceremony held at the airline’s headquarters in Manila. The new agreement, […]

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Retail Asia24/02/2017

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Continuing mall expansion helped drive a 14 per cent rise in SM Prime Holdings’ net profit last year. In a stock exchange filing yesterday, the company said it achieved a net income of P23.8 billion (US$473.7 million) last year. Strong sales by its residential arm, which accounts for 32 per cent of its business, also […]

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Retail Asia24/02/2017

The Philippines’ Department of Information and Communications Technology (DICT) plans to crack down on spectrum hoarders, threatening to recall unused frequencies and potentially auction them to a third or even fourth local player. A recent audit of the National Telecommunications Commission (NTC) shows that a number of companies are not using the spectrum that has […]

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Retail Asia20/02/2017

The first and inaugural commercial flight of the Cebu Pacific connecting Masbate province to Manila flew on Tuesday morning, the Department of Tourism Bicol regional Director Maria Nini Ong-Ravanilla said. Seventy-six (76) passenger flights between Masbate and Manila have been flying daily since Feb. 15 (Wednesday), said Alexander Lao, CEO/President of the Cebgo, “This is […]

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Retail Asia20/02/2017

Restaurant/bar/candy shop Sugar Factory American Brasserie has opened at Shangri-La at the Fort in Bonifacio Global City, Taguig. The Philippines is home to the first Sugar Factory Asia outlet, with more regional markets on the horizon. Following a soft opening four months ago, the Manila venue was officially launched with an exclusive party for VIPs, […]

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Retail Asia17/02/2017

Thai and Filipino tuna exporters have accessed the market tariff-free for years. Vietnam’s tuna exports to Japan have steadily declined since 2013 due to exceptionally high tariffs, according to the Vietnam Association of Seafood Exporters and Producers (VASEP). Following a bilateral trade deal, Japan scrapped tariffs on Thai canned skipjack tuna, which carried a 3.2 […]

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Retail Asia17/02/2017

PLDT, together with its mobile arm Smart Communications, has signed a MoU with Huawei Technologies to jointly conduct research and development into 5G mobile technology. The goal of the partnership is to commercially launch 5G networks in in the Philippines by 2020, PLDT said in a statement released this week. Under the MoU, PLDT and […]

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Retail Asia16/02/2017

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In a statement, Philippines AirAsia said it will start offering twice daily flights from Manila to Boracay via Caticlan airport starting March 15, using the airline’s fleet of Airbus A320s that can accommodate up to 180 passengers. “It’s an exciting time to be in Boracay this summer with AirAsia’s signature low fares now available for […]

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Retail Asia14/02/2017

Cebu Pacific Air (CEB), through its wholly-owned subsidiary, Cebgo, recently accepted delivery of its third ATR 72-600 High Capacity aircraft. This is the first ATR 72-600 delivered for this year, bringing the airline’s total fleet to 58. The carrier also chose the lightest aircraft seats in the world, Expliseat, for all 16 aircraft, two of […]

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Retail Asia13/02/2017

SM Aura Premier is currently the first and sole mall in the Philippines to achieve LEED Gold in the retail sector and the largest LEED retail project in the Philippines based on gross square feet. The LEED (Leadership in Energy and Environmental Design) rating system, developed by the U.S. Green Building Council (USGBC), is the foremost […]

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Retail Asia12/02/2017

PLDT plans to expand the reach of its high-speed FTTH service by around 80% in 2017 to reach 4.4 million homes passed, the company announced. The expansion will see around 1.9 million new serviceable homes added to the network footprint, which reached 2.5 million homes last year following an aggressive fiber rollout. PLDT offers FTTH […]

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Retail Asia12/02/2017

Cebu Pacific, the country’s largest airline, said Friday it flew 19.1 million passengers in 2016, a 4-percent increase from the previous year on the back of its short-haul services. The airline said it set a new record for most passengers flown in a single day, 64,638 on Dec. 27, 2016. Cebu Pacific said there was […]

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Retail Asia08/02/2017

In a statement, Cebu Pacific said the new high capacity aircraft as delivered to its wholly owned subsidiary Cebgo on Feb. 3. The new ATR 72-600 will be used for the two new routes to be launched on Feb. 15 — Manila to Masbate and Manila to Tablas. “We are glad to take delivery of […]

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