Senator Francis “Tol” Tolentino urged businesses on Saturday, Sept. 16 to be more considerate to consumers when it votes to pricing their products, especially this Christmas season. In a statement, Tolentino said that this can be done by avoiding steep product pricing. “Ang...
The government's chief economic manager said the Marcos administration's inflation assumption for the year is still feasible despite the rise in consumer prices last month. In a statement, Finance Secretary Benjamin E. Diokno said the government is determined to minimize the impact of inflation and...
The rate of increase in consumer prices accelerated for the first time in six months in August, driven by higher food and transport costs, the Philippine Statistics Authority (PSA) reported. In a briefing on Tuesday, Sept. 5, National Statistician Dennis S. Mapa said that the headline inflation...
Senator Christopher "Bong" Go on Friday, August 25 called on the Department of Trade and Industry (DTI) and other concerned agencies to ensure the full implementation of the Consumer Act and protect consumers against buying counterfeit products that have proliferated in the market. Sen....
Critical and decisive consumers such as Generations Z and Alpha with their heightened technology and drive for advocacy are seeking business enterprises that are creating strategies that focus on value orientation. Photo taken by Khriscielle Yalao /MANILA BULLETIN These two...
The Energy Regulatory Commission (ERC) has debuted its "digital toolbox" in addressing consumer complaints as well as industry concerns, but industry stakeholders are wishing that the feedback mechanism and response system will not be as slow as the internet connectivity in the Philippines. Via its...
Trade and Industry (DTI) Secretary Alfredo E. Pascual ordered Friday, June 6, a price freeze on basic goods in Albay following the declaration of a state of calamity in the province due to the continued unrest of Mayon Volcano. "Through DTI's provincial office in Albay, I have ordered a price freeze...
An expansive range of stakeholders from the Central Visayas business community expressed “strong opposition” on the proposed P150 daily minimum wage hike, warning of an “inflationary effect” once such measure by the legislative branch is passed into law. A joint statement from Central...
Trade and Industry Secretary Alfredo E. Pascual said that based on the agency’s market monitoring, supplies of basic goods in the groceries are enough for the next 2-4 weeks. Pascual made this assurance after meeting with manufacturers of basic necessities and prime commodities (BNPCs) as...
MerryMart adds a 2,100 sqm. Cresendo branch to its growing portfolio. The branch broke ground on April 25, 2023, at Ayala Land, Inc.’s (ALI) 290-ha rising downtown development in Tarlac. The ceremony was led by (from left) MerryMart’s Store and Planning Manager Engr. Roger Felix, Jr.;...
Consumers in Southeast Asia, including the Philippines, are adopting new trends in shopping and preferences as they emerged more perceptive post-pandemic, according to a new study. A study Trendipedia 2023 by Tetra Pak, a world-leading processing and packaging solutions company, monitors changes...
Ordinary Filipino consumers prioritize ready to eat food and hygiene products in their shopping basket in times of impending shortage of funds as well as during payday, according to a study. Packworks, a startup company providing a business-to-business (B2B) platform for sari-sari store owners, in...
