Tuesday, November 12, 2019
(Source: Manila Times | June 12, 2017) Real consumer spending in the Philippines may exceed P16 trillion by 2021, growing from P11.7 trillion this year, with the bulk coming from expenditures on essentials such as food, utilities and transport, Fitch...
(Source: Business World | 22 February 2017) AYALA LAND, Inc. will raise P30 billion by issuing a mix of retail bonds, corporate notes, bilateral term loans and short-dated notes. In a regulatory filing, the listed company announced its board of directors...
(Source: The Moodie Davitt Report | October 19, 2018) A new upscale store offering imported and luxury goods has recently opened in SM Mall of Asia Complex. The launching of the Duty Free Philippines (DFP) Luxe was led by DFP Chief...
(By: Ma. Stella Arnaldo, Business Mirror) The Department of Tourism (DOT), in partnership with SM Supermalls, launched a new campaign, “Malling is More Fun in the Philippines,” to promote the country as a shopping haven in Asia. “It’s no small feat...
(Source: Business World | March 13, 2019) Ayala Land, Inc will be issuing P8 billion worth of fixed rate bonds this year to partially finance its hotel, mall, and office projects. The bonds will have a seven-year tenor, and will be...
(Source: Rappler.com | March 14, 2018) Land developer Ortigas & Company announced plans to redevelop its Frontera Verde property along Ortigas Avenue and Julia Vargas Avenue into a new estate which it envisions as a natural extension to the Ortigas...
(Cebu Daily News | 15 May 2017) Traditional retail stores in the country will continue to thrive despite the growing global digital commerce industry, which has seen the closure of big brands in the United States and other developed economies...
(Source: Sun Star Cagayan De Oro | 24 July 2016) The Department of Trade and Industry-Northern Mindanao, in cooperation with the Philippine Retailers' Association, held its Roadshow Seminar dubbed "Modern Approaches in Managing Your Store Towards Profitability" at the Limketkai Luxe...
(Source: Inside Retail Asia | 10 March 2016) Philippine retail sales soared 6.3 per cent in the last quarter of 2015 – more than three times faster than the same period a year earlier. According to data from the Philippine Statistics...
The Philippine Retailers Association (PRA) extends its support to the troops in Marawi by donating 265 pieces of gauze bandages and 170 bottles of 100-ml insect repellent lotion. The PRA, represented by Assistant Secretary General BM Miranda and Advocacy and...
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