Gaisano-led Metro Retail Stores Group, Inc. (MRSGI) announced a change in leadership with the retirement of Manuel C. Alberto as president and chief operating officer and the appointment of Joselito Orense to take his place. After serving as President and Chief Operating Officer for seven years,...
Gaisano-led Metro Retail Stores Group Inc. (MRSGI) reported a 1.4-percent dip in net income to ₱609.42 million last year, from the ₱618.02 million earned in 2023, due to non-cash charges driven by its ongoing expansion program. In a disclosure to the Philippine Stock Exchange (PSE), the firm...
The government has increased the maximum kilos of rice a household can buy from Kadiwa stores to 30 kilos, an Agriculture official said. P45 well-milled rice is being sold at the Kadiwa store in the Bureau of Plant Industry (BPI) in Manila on Aug. 1, 2024. (Arnold Quizol | MB File Photo) In a...
The signing of memorandum of understanding between the Department of Agriculture and PHLPost (Dexter Barro II/MANILA BULLETIN) The Department of Agriculture (DA) is partnering with the Philippine Postal Corp. (PHLPost) to bring the Kadiwa ng Pangulo (KNP) program to post offices nationwide,...
The Department of Trade and Industry (DTI) is gearing up to launch a lending program for micro-entrepreneurs, accessible through e-wallet platforms, as part of its ongoing commitment to scale up businesses. In a chance interview on Thursday, March 27, DTI Secretary Cristina Roque said the...
Former senator Bam Aquino, who is running for a Senate seat in the May 2025 elections, said that sari-sari store and carinderia owners, as well as market vendors, should be given ayuda or government aid during times of high inflation. Senatorial bet Bam Aquino holds a dialogue with owners of...
Metro Retail Stores Group, Inc. (MRSGI), the supermarket and department store chain of Cebu’s Gaisano family, is optimistic about its growth opportunities in the Visayas. In a disclosure to the Philippine Stock Exchange, the firm said it is aggressively expanding its retail network through...
The Philippine Retailers Association (PRA) is welcoming the plan of the Department of Agriculture (DA) to have groceries and convenience stores sell affordable rice, ranging from P29 to P45. PRA President Roberto Claudio gave this affirmation on the sidelines of the 2025 CEO Awards in Bonifacio...
Department of Agriculture (DA) Secretary Francisco Tiu Laurel is optimistic that the planned rollout of affordable rice, with prices ranging from P29 to P45 per kilo, in groceries and convenience stores starting Feb. 15 will help influence the market “to be more reasonable.” Laurel told...
The Department of Agriculture (DA) said it is eyeing partnerships with the country’s major retail companies to expand the availability of affordable rice nationwide. In a statement on Thursday, Jan. 23, the DA said this initiative aims to stabilize rice prices and provide greater access for...
The Department of Agriculture (DA) expressed optimism that consumers would see lower food prices in the coming months, following the anticipated return of food production and supply to normal levels. During a news forum on Saturday, Jan. 18, DA Assistant Secretary Arnel de Mesa said the agency is...
Metro Retail Stores Group Inc. (MRSGI) is expanding its neighborhood grocery concept by opening new branches and converting existing stores to this format. In a disclosure to the Philippine Stock Exchange (PSE), the firm said it continues to reinforce its presence in the country’s retail sector...
