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Sari-sari stores post P8 billion in sales in 2023

Small neighborhood variety (sari-sari) stores in the Philippines recorded sales of more than P8 billion in 2023, more than 21 percent higher than the previous year’s tally of P6.6 billion, according to a study conducted by analytics startup Packworks......»»

Category: financeSource:  philstarRelated NewsFeb 17th, 2024

DA: P20/kilo rice remains a government aspiration

President Marcos’ election campaign pitch of P20 per kilo of rice remains an aspiration of the government, a Department of Agriculture official said......»»

Category: sportsSource:  abscbnRelated NewsApr 8th, 2024

Duterte: P20/K rice impossible

There is no way for rice prices to dip to P20 per kilo as promised by President Marcos, according to former president Rodrigo Duterte......»»

Category: newsSource:  philstarRelated NewsMar 11th, 2024

Rep. Wilbert Lee: P20 per kilo of rice still possible

CEBU CITY, Philippines — The promise of President Ferdinand Marcos Jr. to lower the price of rice to P20 per kilo remains doable if House Bill No. 9020 or the “Cheaper Rice Act” is passed into law, Agri Partylist Representative Wilbert Lee said. Under his proposed bill, Lee said that the government will have to.....»»

Category: newsSource:  inquirerRelated NewsFeb 11th, 2024

Imee: Romualdez ‘definitely’ behind P20 million for people’s initiative support

It was Speaker Martin Romualdez who was behind the distribution of cash amounting to as much as P20 million per district to bankroll the ongoing signature campaign as part of the people’s initiative for Charter change, Sen. Imee Marcos said yesterday......»»

Category: newsSource:  philstarRelated NewsJan 26th, 2024

Imee: P20 million offered per district for House Cha-cha

Up to P20 million was reportedly offered to each congressional district that could deliver by next week the needed number of signatures that support the Charter change being pushed in the House of Representatives, Sen. Imee Marcos said yesterday......»»

Category: newsSource:  philstarRelated NewsJan 10th, 2024

Vehicle sales seen to reach 500,000 units this year

Vehicle sales in the country may hit 500,000 unit sales this year, driven by new models and production as well as better economic performance......»»

Category: financeSource:  philstarRelated NewsJan 25th, 2024

Monde Nissin sees sales, earnings growth in 2023

Monde Nissin Corp., the listed snack foods giant, expects core net income to have grown by mid-teens for 2023 with sales expected to have hit a high single-digit year-on-year growth......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

MerryMart increases 2030 VISION annual sales target 25% to P150-B

MerryMart, the grocery and consumer products chain founded by Injap Sia, said in a press release that it has updated its 2030 VISION goal from P120 billion in annual consolidated systemwide sales revenue to P150 billion......»»

Category: financeSource:  philstarRelated NewsFeb 27th, 2024

Kristine Hermosa okay with reunion project with Jericho Rosales

Kristine Hermosa sees no problem working on a project with ex-flame and screen partner Jericho Rosales provided that their reunion project would be worth her time and effort. .....»»

Category: newsSource:  philstarRelated NewsApr 23rd, 2024

Jollibee FY23 profit: P8.8-B (up 16%)

Jollibee posted an FY23 net income attributable of P8.8 billion, up 16% from its FY22 net income of P7.6 billion. Systemwide sales were up 16.3% to P345 billion, with the biggest growth coming from China (+21.9%), the Philippines (+17.6%) and EMEA (+16.0%)......»»

Category: financeSource:  philstarRelated NewsMar 13th, 2024

MerryMart hikes 2030 sales target to P150 billion

MerryMart Consumer Corp. of tycoon Edgar “Injap” Sia II is raising its sales revenue target for 2030 by 25 percent as it ramps up its expansion......»»

Category: financeSource:  philstarRelated NewsFeb 24th, 2024

Rama backs P246-billion mega project in SRP

CEBU CITY, Philippines – Cebu City Mayor Michael Rama has backed the proposed  P246 billion mega project in the South Road Properties (SRP). He stated, “If this aligns with principles of fairness and correctness, why not?” READ: P200B mega project will soon rise in SRP if … Rama also expressed his support for the proposed.....»»

Category: newsSource:  inquirerRelated NewsJan 27th, 2024

Philippines eyes $3.82 million sales from German trade fair

The Philippines is targeting to generate $3.82 million in sales from its participation in an international consumer goods trade fair in Germany, according to the export promotions arm of the Department of Trade and Industry......»»

Category: newsSource:  philstarRelated NewsJan 14th, 2024

Inside the creative mind of Cecil Ravelas

As part of the celebration of International Women’s Month, I wanted to feature a woman who embodies the new Filipina, one who is fashionable, outgoing, independent, smart, beautiful and witty! Here are the highlights of my interview with interior designer par excellence Cecil Ravelas, whose work can be seen in Aseana City, El Nido, and The Forum in BGC, to name a few. She was also tapped recently by First Lady Liza Araneta Marcos to work on a “presidential” project. .....»»

Category: entertainmentSource:  philstarRelated NewsMar 10th, 2024

Vehicle sales rev up by 23% in February

Vehicle sales accelerated by more than a fifth in February from a year ago, supported by automotive firms’ marketing efforts as well as stable interest rates......»»

Category: financeSource:  philstarRelated NewsMar 28th, 2024

Philippine food firms’ sales hit $133 million in Dubai fair

Philippine food companies generated $133 million worth of export sales from a food trade show held in Dubai last month, according to the Center for International Trade Expositions and Missions......»»

Category: financeSource:  philstarRelated NewsMar 25th, 2024

Xinhua world economic news summary at 0900 GMT, March 18

BEIJING -- Global new energy passenger car sales are predicted to exceed 39 million units by 2030, said a report obtained during the China EV100 Forum 2024 concluded Sunday in Beijing. That will mark a penetration rate of almost 50 percent, rising from the nearly 20 percent in 2023 with the sales of over 13 million units, according to the report issued by China EV100, a new energy vehicle (NEV) industry think ta.....»»

Category: newsSource:  manilanewsRelated NewsMar 21st, 2024

Training on ICC model for international sales contracts

The Center for Global Best Practices will host an in-person training on the International Chamber of Commerce model for international sales and contracts, its relevant rules, standards and practices, on April 23, from 9 a.m. to 5 p.m. at the EDSA Shangri-La Hotel, Mandaluyong City......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

Game developers generate $2.4 million in export sales

Game developers generated $2.42 million in export sales from the country’s first Game Development Summit organized by the Department of Trade and Industry......»»

Category: financeSource:  philstarRelated NewsMar 10th, 2024