Philippines
AllDay Supermarket ‘optimistic’ over 2022 outlook after 28% footfall growth
AllDay Supermarket ‘optimistic’ over 2022 outlook after 28% footfall growth
This was driven by the uptick brought by the peak season.
Philippines’ SM Investments lists P15B bonds
The bond offering was 3.7 times oversubscribed.
JFC sets $347.4m capital expenditure for 2022
A portion will be used for their new stores and renovations.
Philippines' Figaro Coffee Group bares 2022 expansion plans
For the first quarter, it plans to open five Angel’s Pizza outlets.
Philippines’ Figaro Coffee to offer keto-friendly pastries
Figaro will be introducing Keto Coconut Tiramisu and Sugar-free Keto Brownies.
Figaro Coffee seeks new growth avenues after IPO
The Philippine-based company generated P767m in proceeds.
Philippines eases minimum paid-up capital for foreign retailers
The Philippines has lowered the minimum paid up capital to $488,000 from $25m.
Robinsons Retail to buy 100% stake in Ministop Philippines
It will acquire the remaining 40% shares of Ministop Japan in February.
PH F&B company Fruitas ventures into healthcare
Famous fruit shake shop Fruitas has inked a deal to acquire 100% shares of Surehealth.
Shoppertainment Live opens seven 'livestyle' studios in PH
The studios will be used for the new normal in live commerce.
SEA online shoppers placed safety and security as top concerns
The report by Vesta surveyed respondents from the Philippines, Singapore, and Indonesia.
‘Buy Now, Pay Later’ to comprise 7% of PH e-commerce transactions in 2025: UnaFinancial
The scheme is expected to reach US$843m in 2025.
Philippines to achieve retail recovery by 2022
Household spending is expected to remain behind pre-pandemic levels for 2021.
Philippines’ Jollibee introduces ordering app in US, Canada
It ran a two-week promotion in celebration of the launch.
Philippine stores offer freebies to vaccinated customers
The local government called for businesses to offer such discounts and other perks.
Philippines’ MerryMart buys 67% stake in Carlos SuperDrug
The local pharmacy chain has 27 branches to date.
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