Wednesday, January 27, 2021

Save The Children Philippines, BARMM Forge Partnership To Fulfill Children’s Rights

Save the Children Philippines brings hope to protect children from the horrors of gun battles especially in parts of Muslim Mindanao.

SM Scholar-Graduate Instills Leadership Competencies In Youth

An inspiring story of an SM Scholar alumna!

Save The Children PH Welcomes Smart Communication For Children’s Learning Access

Smart Communications, Inc. and Save the Children Philippines jointly donated four School-in-a-Bag packages for learning communities in the Bangsamoro Autonomous Region in Muslim Mindanao!

Max’s All-You-Can™ Is Back And Better Than Ever!

Hindi lahat ng nang-iiwan, hindi na bumabalik. Max’s All-You-Can is back!

Retailing “is still more fun” In The Philippines

Retailing “is still more fun” In The Philippines

Spotlight

Save The Children Philippines, BARMM Forge Partnership To Fulfill Children’s Rights

Save the Children Philippines brings hope to protect children from the horrors of gun battles especially in parts of Muslim Mindanao.

SM Scholar-Graduate Instills Leadership Competencies In Youth

An inspiring story of an SM Scholar alumna!

Save The Children PH Welcomes Smart Communication For Children’s Learning Access

Smart Communications, Inc. and Save the Children Philippines jointly donated four School-in-a-Bag packages for learning communities in the Bangsamoro Autonomous Region in Muslim Mindanao!

Max’s All-You-Can™ Is Back And Better Than Ever!

Hindi lahat ng nang-iiwan, hindi na bumabalik. Max’s All-You-Can is back!

In contrast to many large format stores rightsizing and shopping centers closing down in many parts of the world, retail in the Philippines remains vigorous and upbeat.

In a recent Nikkei Business Philippines-Japan Investment Forum in Tokyo, Japan, SM Supermalls Chief Operating Officer Steven T. Tan said a combination of market forces–robust overseas Filipino workers’ remittances and sustained activity in the business process outsourcing industry– fuel consistent growth in the Philippine economy and drive consumer purchasing power.

“Unlike how it is in many parts of the world, retail in the Philippines is vibrant, upbeat and full of opportunity,” Mr. Tan said in his address before a gathering of 500 CEOs and business leaders in Japan.

Mr. Tan said the growth of the Philippine economy, supported by the government’s massive infrastructure push, is directly impacting consumer sentiment in the Philippines.

As of end-September 2019, consumer confidence in the Philippines was the 2nd highest in the world, a shade behind India.

“Optimism to spend among Filipinos is more than just a sentiment. We see it translating into actual consumer behavior, especially retail,” Mr. Tan added.

With robust consumer sentiment and activity, total retail sales in the Philippines grew 6% in 2018.

“It is interesting to note how brick-and-mortar retail continues to dominate and how it will continue to grow alongside the growth of internet retailing in the Philippines. The Philippine environment is conducive to all kinds of retail, both digital and brick-and-mortar as we look at opportunities in both channels,” Mr. Tan said.

With such forces at work and to borrow the government’s tourism mantra, retail is still “more fun in the Philippines” due to optimistic consumers and a thriving mall culture that continue to draw foreign retailers.

In particular, for the past five years, Mr. Tan said there has been a growing number of foreign brands entering the market particularly in Food and Beverage as well as Clothing and Apparel. The attractiveness of the Philippine market to foreign retailers is further enhanced by an average rental rate that is highly competitive when compared with other ASEAN countries such as Vietnam and Indonesia.

He encouraged Japanese retailers to consider three immediate opportunities in the Philippines: Food, Beauty, and Health & Well-being as there is growing interest in Japanese brands in the malls.

The Nikkei Business Forum had the theme, “Inclusive Growth of the Philippines and Partnering Philippines for Japan/ASEAN Transformation”.

Abalos Asks DPWH To Fix Lights On Major Roads

MMDA chairman Benhur Abalos requested the DPWH to fix street lights on major thoroughfares across the metropolis, citing commuters are in danger.

NTT Appoints Abhijit Dubey As Global Chief Executive Officer, NTT Ltd. From 1 April 2021

Learn more about the new CEO of the world's leading global technology services provider!

Davao City Posts Highest Single-Day Record Of 105 Recoveries

Davao City has recorded 105 Covid-19 patients recovered in one day, the highest since the pandemic started.

PRRD To Maintain ‘Warm’ Relations With Biden: Panelo

Chief Presidential Legal Counsel Salvador Panelo said that President Duterte will keep a “warm and friendly” relationship under the presidency of Joe Biden.

Contact Tracing App In Pasig, Valenzuela, Antipolo Now Integrated

Pasig, Valenzuela, and Antipolo Mayors join forces to produce three Covid-19 contact tracing applications within their areas.

Over 69K Individuals Get Free Swab Tests In Manila

Manileños Heads Up! Nakapa-swab test na ba ang lahat? Dahil may pa libreng swab testing si Mayor Isko Moreno sa kaniyang nasasakupan.

Bicol Int’l Airport Now 72.2% Complete

Malapit nang magkaroon ng airport sa Bicol!

BFAR-7’s New Reefer Vans To Help Transport Marine Goods

BFAR-7 acquires two refrigerated vans to help transport marine products in the region.

DOH Recommends More Testing For Travelers Entering PH

Inirekomenda ng DOH ang karagdagang testing sa mga papasok sa Pinas. Madadagdagan nga ba ang bilang ng 14-day quarantine?

OFWs Staying Put In Host Countries To Make A Living

Kumusta na kaya ang ating mga kababayan sa ibang bansa sa gitna ng pandemiya?

Spotlight

Save The Children Philippines, BARMM Forge Partnership To Fulfill Children’s Rights

Save the Children Philippines brings hope to protect children from the horrors of gun battles especially in parts of Muslim Mindanao.

SM Scholar-Graduate Instills Leadership Competencies In Youth

An inspiring story of an SM Scholar alumna!

Save The Children PH Welcomes Smart Communication For Children’s Learning Access

Smart Communications, Inc. and Save the Children Philippines jointly donated four School-in-a-Bag packages for learning communities in the Bangsamoro Autonomous Region in Muslim Mindanao!

Max’s All-You-Can™ Is Back And Better Than Ever!

Hindi lahat ng nang-iiwan, hindi na bumabalik. Max’s All-You-Can is back!

Lifestyle

The Life-Long Impact Of Brain Development In A Child’s First 5 Years

Interesting! Let's know how the first five years of a child's brain determines his success in the future.

Hendrick’s Gin Celebrates Love And Romance With The Perfect Pair This Valentine’s Day

Hendrick’s has something for you this coming Valentine's Day!

POND’S And Shopee Deliver ‘Smarter Skincare’ With First AI-Powered Chatbot

Customers can now interact with PONDS chatbot in Shopee as they launch their 'Smarter Skincare Just For You!'

Yellow Cab Introduces Its New Thin Crust Pizza, Starting At Just P249

New year new taste. Yellow Cab's New York Style Thin Crust Pizza is now available. The price starts at P249!

Entertainment

Award-Winning Film “Quezon’s Game” To Stream Worldwide On iWantTFC This January 27

Atin 'to! The historical movie "Quezon's Game" finally comes home to the Philippines and streams globally on iWantTFC beginning January 27.

Jamie Lends Her Voice For Inspirational Song “We Give Our Yes”

Diva Jamie Rivera's "We Give Our Yes" is the official song of the 500th anniversary of Christianity in the Philippines celebration.

“Godzilla Vs. Kong” Official Trailer Promises Battle For The Ages

We surely miss these gigantic scenes. Now "Godzilla vs. Kong," coming soon to Philippine cinemas this year!

More Stories

Award-Winning Film “Quezon’s Game” To Stream Worldwide On iWantTFC This January 27

Atin 'to! The historical movie "Quezon's Game" finally comes home to the Philippines and streams globally on iWantTFC beginning January 27.

13 Ilocos Region Bus Routes Resume Operations

The Land Transportation Franchising and Regulatory Board (LTFRB) now resumes point-to-point public transport in 13 modified routes.

Jamie Lends Her Voice For Inspirational Song “We Give Our Yes”

Diva Jamie Rivera's "We Give Our Yes" is the official song of the 500th anniversary of Christianity in the Philippines celebration.

Borongan City Eyes 90K Covid-19 Vaccine Doses

Borongan Mayor Jose Ivan Dayan Agda said the city plans to purchase the AstraZeneca vaccine, hoping to be included in the second batch of procurement.

IATF To Operationalize Inclusion Of Soldiers, Police’s Families

Presidential Spokesperson Harry Roque assured soldiers and police that government will also prioritize their families in the free vaccination drive.

Travel

Bicol Int’l Airport Now 72.2% Complete

Malapit nang magkaroon ng airport sa Bicol!

Vaccinated People Still Need To Follow Travel Protocols

Nabakunahan man o hindi tuloy-tuloy pa rin ang pagsunod ng travel health protocols, ayon kay Duque.

Panagbenga 2021 Postponed Due To Pandemic

Walang Panagbenga ngayong taon. 🙁

Radisson Hotel Group Rises Above Challenges To Add 84 New Hotels Across Asia Pacific

Radisson Hotel Group adds 84 new hotels and resorts, covering eight of its distinct brands.

Motoring

13 Ilocos Region Bus Routes Resume Operations

The Land Transportation Franchising and Regulatory Board (LTFRB) now resumes point-to-point public transport in 13 modified routes.

Over 421K OFWs Served Via ‘Hatid Tulong’

The Department of Transportation (DOTr) transports stranded OFWs in Metro Manila back to their provinces by the ‘Hatid Tulong’ government program.

Abalos Asks DPWH To Fix Lights On Major Roads

MMDA chairman Benhur Abalos requested the DPWH to fix street lights on major thoroughfares across the metropolis, citing commuters are in danger.