Majority (80%) of Filipinos expect their income to increase this year despite a higher number of individuals convinced that the domestic economy would go into recession. Global information and insights company and the Philippines’ first comprehensive private credit reference agency, TransUnion...
Consumer prices quickened even further in December, driven mainly by faster increases in food prices particularly vegetables during the holidays that brought the country’s full-year inflation rate way beyond the government’s target, data from the Philippine Statistics Authority (PSA) showed. In...
The Department of Finance (DOF) said the government can now better manage the skyrocketing consumer prices following President Marcos’ order extending the reduced import duties on key commodities. In a statement, Finance Secretary Benjamin E. Diokno welcomed the extension of the low Most Favoured...
The Department of Trade and Industry (DTI), through its Fair Trade Enforcement Bureau (FTEB), reported the value of confiscated uncertified items it seized in the National Capital Region has reached P67,999,927 as it heightened monitoring and inspection of products to ensure consumer protection as...
Be upfront and transparent with the prices of your products. (John Schnobrich/ Unsplash) This was House Minority Leader and 4Ps Party-list Rep. Marcelino Libanan's warning to online retailers Wednesday, Dec. 21, amid Filipinos' last-minute Christmas shopping. “Online retailers who do not put...
Consumer Care Products Inc. (CCPI), the privately-owned marketing arm of Jadel Holdings, and sister company of D&L Industries Inc. are planning to grow their personal care business by tapping the upscale market which has a growing preference for healthy and all-natural products. In an...
CAGAYAN DE ORO CITY -- The Department of Trade and Industry (DTI) Misamis Oriental has a piece of advice for consumers buying food items for their ‘Noche Buena.’ The DTI said it would be better if the consumers would do a sort of ‘price canvassing’ before buying the food items in the...
The Department of Trade and Industry (DTI), through its Fair Trade Enforcement Bureau (FTEB), stopped the sale of tires for automotive vehicles worth P254,332.74 during its focused technical regulations enforcement along Tomas Mapua Street, Sta. Cruz, Manila, on Dec. 1, 2022. Consumer Protection...
The Department of Finance (DOF) expects inflation to remain elevated in the final month of the year due to increased demand from higher economic activity and supply constraints. In a statement, Finance Secretary Benjamin E. Diokno said on Tuesday, Dec. 6, that the average rate of increase in...
Consumer prices accelerated further to 8 percent in November, hitting a fresh 14-year high on the back of sustained rise in food costs, the Philippine Statistics Authority (PSA) reported. Headline inflation surged to 8.0 percent last month from 7.7 percent in October and 3.7 percent in the same...
Senator Sherwin Gatchalian has filed a bill seeking to amend the country’s Consumer Act in order to strengthen the rights of consumers and protecting them from hazardous and substandard products. Gatchalian made the call as consumer spending accelerates ahead of the Christmas and New Year’s Eve...
The Annual Stockholders' Meeting of MerryMart Consumer Corp. is set to happen on December 15, 2022, 10:30AM. The remote meeting will be done via Zoom. A copy of the official announcement published in Manila Bulletin broadsheet is shown below: