Bank of Commerce (BankCom), the banking affiliate of San Miguel Corporation (SMC), was assigned an Issuer Credit Rating of PRS Aa (corp.), with a Stable Outlook, by Philippine Rating Services Corporation (PhilRatings). A company rated PRS Aa (corp.) differs from the highest rated corporates only to...
Philippine businessmen Wednesday, (April 14) took a pause from their busy schedules to make a stand against China’s aggression in the country's territory. With that business groups rallied behind Defense Secretary Delfin Lorenzana, other government officials and various groups...
With the growth of e-commerce due to technology and the Covid-19 pandemic, J&T Express Philippines commended the opening of a new era of aviation courier services by J&T Express Indonesia last March 18 as the latter unveiled at the Budiarto Airport in Tangerang City, Indonesia one of seven...
The business sector is asking the government to accelerate COVID-19 vaccination because they are already in the “last phase,” stressing that adding six months or one year more of quarantine would mean closures of most enterprises to the detriment of more Filipinos, especially the poor. ...
The Philippine Chamber of Commerce and Industry (PCCI) and other business organizations have committed to pursue programs that will support and complement the 2022 E-Commerce Roadmap that was launched recently by the Department of Trade and Industry. “The PCCI, Philippine Franchise Association...
As the ongoing pandemic continues to propel digital e-commerce and financial transactions, online payments are fast gaining acceptance and trust from Filipinos. This is a key trend observed by the newly rebranded Bayad, the country’s biggest and widest multi-channel payment platform. ...
The global pandemic has significantly changed the way retailers promote and sell their products. With more Filipinos using digital platforms and transitioning to cashless transactions, businesses need to quickly adapt in order to gain and maintain customer loyalty. As the Philippine...
To help address the rise of online counterfeiting and piracy, e-commerce platforms Lazada and Shopee today, March 1, signed a memorandum of understanding (MoU) with various global and local brand owners to fight the alarming increase in counterfeit and pirated products sold online. On the part of...
Local businesses are strongly supporting initiatives to reopen further the Philippine economy, which has suffered from long lockdowns and quarantines due to COVID-19. “We, the undersigned, express our strong support for the initiatives of the Duterte administration to open the Philippine economy...
Employers are now looking at 2022 as recovery year instead of 2021 due to the “very slow” reopening of business with the medical and the military making decisions for the domestic economy. ECOP President Sergio Ortiz-Luis Jr. In the regular weekly “Tapatan sa The Aristocrat” virtual forum...
Multisectoral groups, comprising of 51 largest and widely-represented private sector associations, have urged for the immediate enactment of the Corporate Recovery and Tax Incentives for Enterprises (CREATE) bill to boost market confidence, save jobs and provide instant relief to businesses’...
Determining what customers need now, rather than before the pandemic, is crucial. That's why AllDay Supermarket made a quick pivot to e-commerce to provide a more convenient experience to its customers. Now, grocery shoppers who wish to buy their day-to-day essentials at home can do so through the...
