Friday, April 26, 2019
(Source: Rappler | May 9, 2018) Filipino fast-food giant Jollibee Foods Corporation (JFC) will invest up to S$45 million (P1.74 billion) in private equity fund Titan Dining LP to buy the master franchise holder of the Tim Ho Wan brand...
(Source: Manilla Bulletin | November 22, 2015)   Under the banner “Building Inclusive Economies, Building A Better World”, the Philippines hosted the 23rd APEC meeting with P10-billion budget. The question that lingers in the minds of most Filipinos has been: Was...
(Source: Inside Retail Asia | 19 July 2016) Local franchisee, Golden Arches Development, expects McDonald’s Philippines to reach 500 stores in 2016 and 900 in coming years. Golden Arches VP for marketing Margot Torres said in an interview: “We are going...
(August 17, 2018) Over 800 retailers –  CEOs, presidents, top level executives – trooped to the SMX Convention Center for the 25th National Retail Conference and Stores Asia Expo (NRCE)—the biggest and most relevant gathering of retailers in the country—to...
(Source: Inside Retail Philippines | 21 April 2017) With expectations of sustained economic growth in the Philippines, Ayala Land plans to launch three mixed-use developments this year. The developer’s township developments are usually anchored by an Ayala mall. The three new estates...
(Source: The Manila Times | 24 September 2016) Listed property developer DoubleDragon Properties Corp. said it will issue P15 billion in retail bonds to fund the development of its projects for next year. In a disclosure to the Philippine Stock Exchange on...
(Source: Philippine Daily Inquirer | 2 April 2016)   Retailer Philippine Seven Corp. (PSC), the local licensee of 7-Eleven convenience stores, breached the P1-billion net profit milestone in 2015 as the company boosted retail sales while it rolled out more stores...
(Source: Inside Retail Philippines | 7 April 2017) Cosco Capital, the retail holding firm of businessman Lucio Co, says its net income grew by 7 percent last year to P7.5 billion (US$149.5 million), while revenues rose 10 percent to P129.2...
(Source: Sun Star Cebu | 22 August 2016) SM Investment Corp. (SMIC) is beefing up its investments in retail, buoyed by the country’s strong economic momentum and expanding middle class. The company also expressed interest to cement its presence in the...
(Source: Manila Bulletin | September 17, 2017) Rustan’s, an institution in Philippine luxury retail, kicked off its 65th year in business by inviting friends, loyal patrons, and in-house designers last Thursday evening to a cocktails-cum-fashion show at the company’s flagship...
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