Innovation is at the forefront for retailers and the private sector at the 29th National Retail Conference and Expo (NRCE) 2023 as the local retail business landscape adopts to evolving technological needs. The 29th NRCE, held from Aug. 10 to 11 at the SMX Convention Center, is themed "Retail...
Amid the boom of online shopping and technology-driven businesses, the Philippines Retailers Association (PSA) has expressed support for equitable regulations, measures and policies to address the inequalities posed by online local and foreign merchants, to the disadvantaged of conventional...
It’s not enough to simply showcase attractive, trendy, and functional products. Kultura is proud to be among those consciously promoting more sustainable, meaningfully-crafted and locally sourced merchandise for green living. With a loyal following and many branches across the country, Kultura...
Two popular global fashion brands from Japan just got their formal introduction to Metro Manila society, sponsored by Federal Land Retail Holdings Inc. The “debut” was held at the main concourse of the Mitsukoshi Mall in BGC; and by all accounts, it’s a smashing success that all fashionistas...
Listed firm Aboitiz Power Corporation logged 32-percent surge in consolidated net income last year to P27.5 billion from a leaner P20.8 billion in 2021. The company said its profit’s significant hike “was primarily due to fresh contributions from GNPD (GNPower Dinginin) and higher availability...
Small Filipino investors swamped the government’s latest retail bond sale, prompting the Bureau of the Treasury to end the offer period ahead of schedule after orders exceeded the target. In a statement on Thursday, Feb. 16, National Treasurer Rosalia V. De Leon said the bureau raised P283.71...
The Bureau of the Treasury closed its retail bond offering ahead of schedule after demand reached more than government’s target. National Treasurer Rosalia V. De Leon announced on Wednesday, Feb. 15, that the bureau raised P283.71 billion through the sale of 5.5 year retail treasury bond...
Small Filipino savers wanting to take a piece of the government’s retail Treasury bond (RTB) sale would earn higher interest rates than prevailing market rates. The Bureau of the Treasury launched on Tuesday, Feb. 7, the government’s new 5.5 year RTB, raising an initial P162.2 billion as total...
Aiming to help Filipinos who have been suffering due to rising prices of goods, a suggested retail price (SRP) has been issued for red onions, setting this at P125 per kilogram now which is much lower than the previous retail prices that even reached P600 per kilogram. Red onions (Photo courtesy of...
Industry newcomer Mabuhay Energy Corporation (MECO) is firming up the investment cost for its planned rollout of 200 megawatts of pure-renewable energy (RE) developments for implementation over several years. In an interview with Mabuhay Energy CEO Sherwin G. Hing, he indicated that the initial...
The Department of Finance (DOF) said the national government is looking at selling euro-denominated retail bonds targeted at overseas Filipinos. Finance Secretary Benjamin E. Diokno said the Bureau of the Treasury is studying the possible domestic issuance of retail treasury bonds (RTB) in euro...
Robinsons Retail Holdings, Inc., a member of the Gokongwei Group, reported a 26.7 percent growth in attributable net income to a record P5.7 billion last year from P4.53 billion in 2021. In the disclosure to the Philippine Stock Exchange, the firm said its 2022 earnings performance eclipsed the...
