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When commodity analyst Judy Ganes spent 36 hours flying home from a business trip to Asia, it was what she didn’t see that stuck with her.
Duty Free Philippines Corp. (DFPC) doubled its sales growth in 2019 after a spike in tourist arrivals attributed to the Southeast Asian games and the rehabilitation of Boracay Island.
HOTEL LOTTE Co. and Hotel Shilla Co., South Korea’s two largest duty-free companies, are among bidders for the rights to take over the liquor and tobacco business at Singapore’s Changi Airport, after longtime operator DFS Group Ltd. unexpectedly didn’t bid for the rights again.
DUTY FREE Philippines Corp. (DFP) is set to open the first local high-end store of Go Lokal called Marahuyo before the end of the year in the SM Mall of Asia Complex in Pasay City.
THE Board of Investments (BoI) on Friday issued rules for an executive order (EO) that extended duty-free privileges of equipment and spare parts importers for another year.