Wednesday, December 7, 2022
By Philstar The Bangko Sentral ng Pilipinas (BSP) and the Philippine Payments Management Inc. (PPMI) launched a new digital payment channel as part of continuing efforts to digitalize the country’s retail payments landscape. BSP Governor Felipe Medalla said Bills Pay Ph...
By Inquirer Finance Secretary Benjamin Diokno hailed the passage on third reading at the House of Representatives last Nov. 14 of a bill related to imposing the value-added tax (VAT) on digital transactions, saying this would level the playing field...
By Philstar Supermarket giant Puregold Price Club Inc. is eyeing the purchase of PSMT Philippines, Inc. In a disclosure sent to the Philippine Stock Exchange on Monday, Puregold said that the board of directors of Kareila Management Corp. greenlit the purchase...
By Inside Retail Asia German sports retailer Puma is expanding its portfolio in the Philippines by opening its first Forever Faster concept store. Featuring a retail space of 309sqm, the store is located on Ayala Avenue, in Manila’s CBD, Makati. It...
By 2GO 2GO Express is geared up to deliver to more areas and more customers across the Philippines ahead of the holiday rush and even beyond given the e-commerce boom in the country. To date, 2GO Express serves 95% of the...
By Manila Times A retail executive encouraged retailers to re-strategize the way they do business to cope with inflation. Speaking at The Manila Times online forum, "Tech Leveraging: The Future of Retailing," on Wednesday, Philippine Retailers Association President Rosemarie Bosch-Ong said...
By: Business Mirror DUE to inflationary issues, more Filipinos are turning to brands and retailers that offer value for money, convenience and product assortment when it comes to their fast moving consumer good (FMCG) needs, a top executive of Kantar...
By: Cebu Daily News With relaxed restrictions and the holidays drawing near, malls and other retail establishments here should brace for consumer spending to return to its pre-pandemic levels.  Real estate service provider Colliers reported that malls in the country began...
By Philstar Federal Land Inc., the real estate firm of GT Capital Holdings, yesterday unveiled the Philippines’ first Mitsukoshi mall, located at Bonifacio Global City in Taguig, beside Grand Hyatt Manila. Federal Land chairman Alfred Ty said it took eight years...
By Inquirer Mall operators in the Philippines said their commercial establishments were ready for the anticipated increase in people going to shop, dine and enjoy some leisure time during the holiday season. In a recent interview with DZMM radio station, executives...
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