The pandemic has significantly slowed down the domestic e-vehicle (EVs) industry in 2020, with EV registration dropping 35 percent versus pre-pandemic level, according to the Electric Vehicle Association of the Philippines (EVAP). eVAP logo At the virtual 9 th Philippine Electric Vehicle Summit...
The ASEAN automotive industry registered positive growths both in sales and production with all countries, except Myanmar, reporting higher sales as of July this year. Data from the ASEAN Automotive Federation showed the region’s automotive sales went up 27.5 percent to 1,507,331 units from...
Malacanang has ratified the Regional Comprehensive Economic Cooperation (RCEP), a mega free trade deal seeking to grant zero duty on goods traded among 15 countries that account for 29 percent of global gross domestic product. The document was ratified by President Rodrigo Duterte on September 2...
EU hints resumption of trade negotiations with PH The EU said it is currently assessing the possible resumption of bilateral trade negotiations with the Philippines as the 27-European country union steps up its strategic engagement with the Indo-Pacific region. European Union (EU) In its Joint...
It was a year ago when I started this weekly column promoting consumer advocacy . My maiden column written on September 19,2020 was titled Knowing your Consumer Rights .I wrote that an informed consumer who feels aggrieved in a business transaction should know ...
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...
