The next administration can vouch on two laws that can help spur the Philippine’s economic recovery from the impact of the Covid-19 pandemic, Senate Minority Leader Franklin Drilon said on Tuesday. Drilon cited the newly-signed law that amends the 86-year old Public Service Act or Republic Act...
Retailers need to recalibrate their digital transformation strategies in the "never normal" scenario of the continuing pandemic. SAP Industry Business Architect – Retail and Consumer Products Gabriel Lorenzo Santos underscored this need in a recent virtual event, ‘Retail Reimagined: How...
Senatorial candidate Herbert “Bistek” Bautista on Friday expressed belief that a reliable and faster internet connection in the country is possible especially if Filipino and foreign investors would merge resources to service communities who are out of reach of the top three telecommunication...
Robinsons Retail Holdings, Inc. (RRHI), a member of the Gokongwei Group, reported a 39.2 percent growth in attributable net income to P4.5 billion last year, boosted by its strong performance in the fourth quarter of 2021. In a disclosure to the Philippine Stock Exchange, RRHHI said its net sales...
The national government successfully borrowed P457.8 billion from small Filipino savers. The Bureau of the Treasury announced Tuesday, March 1, that the government raised P337 billion during the two-week offer period for the retail treasury bonds (RTBs), while the P120.8 billion were awarded during...
The Bureau of the Treasury has raised an initial P120.76 billion well above the P30-billion on offer from the government's new five-year retail Treasury Bond (RTB) that generated total tenders of P183.44 billion at the launch Tuesday, Feb. 15. The Treasury said small Filipino savers wanting to take...
The government will sell P30 billion, its first retail Treasury bond (RTB) for the year catering to small Filipino savers, the Bureau of the Treasury announced. In a notice, the Treasury bureau said the government will launch this month another RTB, offering a minimum principal amount of P30...
Two members of the Gokongwei group, Robinsons Land Corporation (RLC) and Robinsons Retail Holdings Inc. (RRHI), have made it to the 2022 Bloomberg Gender-Equality Index (GEI). RLC and RRHI comprise half of the only four listed companies in the Philippines included in this year’s roster, alongside...
The Department of Finance (DOF) said the recently approved amendments to retail trade liberalization law along with other economic loosening initiatives will support the continued recovery of trade and economic activity in the country. Finance Undersecretary Gil S. Beltran said the nearly a quarter...
In 1995, we got a glimpse of the future of fashion through the movie “Clueless.” No, it is not about the plaid-argyle costumes but Cher Horowitz’s virtual wardrobe. A computer presents an image of her and allows her to mix and match pieces. It was the most-envied closet of the time. Still...
NEDA cites 3 crucial economic measures By Chino S. Leyco The National Economic and Development Authority (NEDA) has identified three economic liberalization measures that are crucial in accelerating economic growth this year and beyond. In a statement, Socioeconomic Planning Secretary Karl Kendrick...
Gokongweis buying out Japanese partner in PH Ministop franchise By JAMES A. LOYOLA Robinsons Retail Holdings, Inc. (RRHI) through its wholly owned subsidiary, Robinsons Supermarket Corporation, is buying out its Japanese partner and taking full control of the Ministop franchise in the Philippines....
