President Marcos ordered the Department of Agriculture (DA) and the National Irrigation Administration (NIA) to expand its P29 rice program and establish more Kadiwa centers across the country. President Ferdinand 'Bongbong' Marcos Jr. (center) meets DA Secretary Francisco Tiu Laurel (2nd...
Metro Retail Stores Group Inc. (MRSGI) of Cebu’s Gaisano family reported a 27 percent drop in net income to P100.4 million in the first half of 2024 from P136.8 million in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE), the firm explained that “despite the...
Metro Retail Stores Group, Inc. (MRSGI) of Cebu’s Gaisano family expanded into the home furnishing and hardware business with the opening of its first Metro Home Improvement store at Marquee Mall, Angeles. In a disclosure to the Philippine Stock Exchange, the firm said this addition marks a...
Metro Retail Stores Group Inc. (MRSGI) of Cebu’s Gaisano family registered a 16 percent decline in net income to P50.3 million in the first quarter of 2024 from P60 million of the same period a year ago. In a disclosure to the Philippine Stock Exchange (PSE), the firm attributed the lower...
President Marcos said he is not aware that rice is sold at P50 per kilo in Kadiwa Center instead of the usual P29 per kilo. President Ferdinand 'Bongbong' Marcos Jr. (RTVM Screenshot) Marcos reminded that Kadiwa stores should only be selling rice for P29 per kilo, adding the P50 per kilo rice must...
Filipino tech startup Packworks has partnered with Help.NGO to bring connectivity to sari-sari stores through Starlink Internet and boost local entrepreneurship in the Philippines. In a statement, Packworks said its partnership with Help, an international NGO, has resulted in the launched of...
Metro Retail Stores Group, Inc. (MRSGI) of Cebu’s Gaisano family reported a 32.6 percent drop in net income to P618 million last year from the P917.3 million earned in 2022. In a disclosure to the Philippine Stock Exchange, the firm said that, in terms of core net income which excludes one-time...
Metro Retail Stores Group Inc. (MRSGI) of Cebu’s Gaisano family has inaugurated and started the operation of its distribution center in Santa Rosa, Laguna as part of the retail firm’s Luzon growth initiative. In a disclosure to the Philippine Stock Exchange, the firm said the Metro Distribution...
Gaisano-led Metro Retail Stores Group Inc. (MRSGI) posted a 36.5 percent drop in net income to P254.6 million in the first nine months of 2023 from the P400.7 million earned in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE), the firm said profit decline is...
The scale of profitability for Shell Pilipinas Corporation had slowed down to P2.1 billion in this year’s three quarters from a healthier bottom line of P4.4 billion in a comparative period in 2022. The company said its nine-month income had gone up compared to the first half turnout of...
CEBU CITY – The Department of Social Welfare and Development-Central Visayas (DSWD-7) on Friday, September 29, started distributing cash assistance to sari-sari store owners in the region affected by the price cap on rice. According to DSWD-7, there are more than 2,000 sari-sari owners who...
President Marcos has ordered the distribution of cash assistance to sari-sari stores affected by the implementation of the temporary price ceiling on rice. (Arnold Quizol) Malacañang said on Sunday, Sept. 24, that the President directed the Department of Social Welfare and Development...
