Exporters are optimistic to sustain the growth trajectory the industry is currently experiencing citing support from the SB Corporation with the creation of emergency fund for freight costs and additional demand from the Christmas season. 32748 Sergio Ortiz-Luis Jr. , president of Philippine...
Philippine banks are planning to implement digital money management tools in the next 12 months as new direction by the Filipino retail banking sector to help consumers manage their crippling debt. Backbase A Backbase commissioned study conducted by Forrester Consulting, showed that 60 percent of...
Photo credit: http://www.philippineplastic.com/index.html Domestic plastics manufacturers are experiencing a shortage of plastic wastes for recycling due to huge gap in plastic circularity following strict campaigns against the use of plastic materials in the country. In a statement, the Philippine...
Motor vehicle sales in the country fell 26.3 percent in August to 15,847 percent compared to 21,498 units from the previous month due to reimposition of hard lockdown in Metro Manila and strict quarantines in other parts of the country, a joint report by the Chamber of Automotive Manufacturers of...
Grocery items in the Philippines are the least expensive compared to other Southeast Asian countries amid a marked surge in online grocery shopping in the country following strict restrictions during the pandemic period, a survey said. Grocery shopping iPrice Group, Southeast Asia’s leading...
NutriAsia’s Silver Swan and Datu Puti brands remained the favorite staples in Filipinos’ kitchens as two of the Most Chosen Food Brands in 2020, according to the 2021 Kantar Asia Brand Footprint report. nutriasia The recently released report found that Silver Swan rose in the rankings by one...
The Department of Trade and Industry (DTI) has issued new suggested retail prices (SRPs) allowing higher prices on basic necessities and prime commodities by as much as P2 on various categories, while some remained unchanged. Consumer group Laban Konsyumer Inc. (LKI) immediately assailed the...
Filings for intellectual property (IP) protection in the first half of 2021 posted a 20 percent year-on-year growth as the economy recovered further from eased lockdown restrictions, the Intellectual Property Office of the Philippines (IPOPHL) reported. In total, IP applications stood at 22,919....
The Intellectual Property Office of the Philippines (IPOPHL) is calling for startup applications to a recently launched incubation program seen to help increase the transfer of patented technologies to benefit local startups. Called the IPHatch Competition, the program is held by Singapore-based...
Commuters line up to board a bus along EDSA as the government enforces movement curbs against the coronavirus outbreak in this August 2021 file photo (Mark Balmores/Manila Bulletin) An official of the Department of Trade and Industry (DTI) said that at least one million Filipinos have returned to...
Global merchandise trade hits record high, confirming the strength of trade recovery from the shock of the COVID-19 pandemic, although the new waves of infection could easily undermine recovery, according to the latest World Trade Organization's (WTO) latest Global Trade Barometer. WTO The Goods...
Around 160,000 business establishments will be as risk if and when the current enhanced community quarantine (ECQ) in Metro Manila gets extended beyond Aug. 20, Department of Trade and Industry (DTI) Secretary Ramon Lopez said. A restaurant staff cleans a table to prepare for the arrival of diners...
