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...
More than 300 Japanese guests from Japan’s leading corporate and financial institutions have participated in the virtual Philippine Economic Briefing (PEB) that highlighted the Duterte administration’s efforts to push for a much stronger and more inclusive economy in the post-COVID-19 pandemic...
Editorial Twenty years after the 9/11 attacks on the World Trade Center, the Pentagon and commercial airline flights in the United States that killed 2,996 people, Filipinos join the rest of the world in reflecting on the continuing threats posed by terrorism. In July last year, Congress passed...
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...
The country’s trade deficit widened in July amid the gradual reopening of the local economy. Philippine Export and Import Statistics July 2021 The Philippine Statistics Authority (PSA) reported Thursday, Sept. 9, that the gap in the trade balance, or the difference between the value of export and...
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...
Philippine Ambassador to Prague Ombra Jainal has called on Czech investors to take a look at the Philippines' positive business outlook being one of the top emerging economies and countries for investments in the region amid the ongoing onslaught of the COVID-19 pandemic. Philippine Ambassador to...
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...
Filings for intellectual property (IP) protection in the first half of 2021 posted a 20 percent year-on-year growth as the economy recovered further from eased lockdown restrictions, the Intellectual Property Office of the Philippines (IPOPHL) reported. In total, IP applications stood at 22,919....
The Intellectual Property Office of the Philippines (IPOPHL) is calling for startup applications to a recently launched incubation program seen to help increase the transfer of patented technologies to benefit local startups. Called the IPHatch Competition, the program is held by Singapore-based...
