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...
AI and machine learning can be a powerful tool to forecast or estimate product supply management. They can analyze vast amounts of data, detect patterns and make accurate forecasts for future demand that'll help businesses optimize inventory levels, avoid "out-of-stock" and reduce excess...
Filipinos allocated an average of P800 for beverages and hygiene products, with alcohol and tobacco taking the bulk of the money spent per month on sari-sari stores in 2022, according to data analytics startup. A new study by Packworks’ business intelligence tool Sari IQ, which analyzed the ...
If you can dream it, you can build it. Wise words from the Lego brand, touching many lives from one generation to another. This May 18, on their Lego X LazMall Super Brand Day, expect a lot of great deals and even free same-day delivery. Catch their flash sales of up to 60 percent off. You can even...
The two-day visit of Czech Republic Prime Minister Petr Fiala to the Philippines could be a “new start” of “successful cooperation” between Philippine and Czech companies, Prime Minister Petr Fiala said on Monday, April 17. President Ferdinand Marcos Jr. welcomes Czech Republic Prime...
The Department of Agriculture (DA) said it is planning to put Kadiwa retail stores in select Metro Manila wet and dry markets within the first quarter of 2023 in a bid to make affordable foods accessible to all Filipinos. President Ferdinand 'Bongbong' Marcos Jr. visits the Kadiwa ng Pasko caravan...
