The rate of increase in consumer prices quickened in April, hitting its highest level in more than three-years, due to higher food and fuel costs, the Philippine Statistics Authority (PSA) reported on Thursday, May 5. The country's headline Inflation clocked in at 4.9 percent last month, faster...
Albay 2nd district Rep. Joey Salceda believes that a bigger crackdown on online lending and investment scams is coming sooner than later, thanks to President Duterte's expected signing of the Financial Consumer Protection (FCP) Act. (Maxim Ilyahov/ Unsplash) “I am told by sources in the Palace...
Inflation in the country is projected to surpass government’s target of 2-4 percent this year, owing mainly to skyrocketing fuel and food prices, the ASEAN+3 Macroeconomic Research Office (AMRO) reported. During the Regional Economic Outlook virtual briefing on Tuesday, April 12, Hoe Ee Khor,...
Consumer prices quickened at a much faster pace in March amid skyrocketing fuel costs. The Philippine Statistics Authority (PSA) reported Tuesday, April 5, that headline inflation clocked in at 4.0 percent last month, jumping from 3.0 percent in February, but marginally slower compared with 4.1...
Senator Sherwin "Win" Gatchalian has urged the Securities and Exchange Commission (SEC) to expedite the creation of a new office to deal with regulation and monitoring of financing and lending firms. Gatchalian on Friday also called for the crackdown on abusive and illegal lenders. His call came...
Shopee always aims to give users a seamless digital experience. Since its launch, Shopee has been known for hosting some of the biggest e-commerce campaigns, and the recent 3.15 Consumer Day was no exception. It marked Shopee’s first mega sale of the year, providing consumers with the best deals,...
Marian Rivera, Shopee’s Primetime Queen, juggles a lot of roles as a mom, wife, celebrity, and an entrepreneur. This doesn’t stop her from finding time to take care of herself, especially through retail therapy. Just like the rest of us, Marian finds comfort when shopping online and...
Consumer prices remained steady at 3.0 percent in February due to slower inflation for food items, but economists warned that the uptick will likely accelerate in the coming months on skyrocketing oil prices as war continues to rage in Ukraine. The Philippine Statistics Authority reported on...
Shopee introduces 3.15 Consumer Day, the first mega sale of the year. 3.15 Consumer Day will bring the excitement of Shopee’s year-end festivals to all users, giving them more reasons to celebrate and reward themselves as they gear up for the year ahead. Shopee is pioneering 3.15 Consumer Day to...
Shopee, the leading e-commerce platform in Southeast Asia and Taiwan, introduces 3.15 Consumer Day, the first mega sale of the year. 3.15 Consumer Day will bring the excitement of Shopee’s year-end festivals to all users, giving them more reasons to celebrate and reward themselves as they gear up...
E-commerce brands in the Philippines and Southeast Asia are growing their Direct-to-Consumer (D2C) presence by opening their own web stores. As these businesses build on their existing marketplace to take control of customer journeys, the number of web stores in the country is expected to increase...
Senator Grace Poe on Monday pushed for the passage of a measure that would provide increased protection for bank account holders and consumers of other financial products. Poe made the call as her panel, the Senate Committee on Banks, Financial Institutions and Currencies, conducted a hearing on...
