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Consumer group pushes transparent oil pricing

Consumer advocacy group Laban Konsyumer Inc. is pushing for transparency in retail prices of petroleum products and the regular maintenance of power plants as part of end-users’ right to information and to provide them access to fair pricing of petroleum products and electricity......»»

Category: financeSource: philstar philstarApr 16th, 2018

PH passenger car sales to post mild recovery | The Manila Times Online

Passenger car sales in the Philippines could post a slight rebound next year but inflation and a weak peso will continue to dampen consumer spending, a Fitch Group unit saidREAD The post PH passenger.....»»

Category: newsSource:  manilanewsRelated NewsDec 7th, 2018

PH passenger car sales to post ‘mild recovery’

Passenger car sales in the Philippines could post a slight rebound next year but inflation and a weak peso will continue to dampen consumer spending, a Fitch Group unit said…READ The post PH passenger car sales to post ‘mild recovery’ appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsDec 6th, 2018

‘Mahal na petrolyo sa Metro Manila, dapat imbestigahan’ – Manila Video

Sa halip na murang petrolyo sa Bulacan, mas dapat imbestigahan ng Department of Energy ang umano ay nananatiling mahal na langis sa Metro Manila, sabi ng isang consumer group. source link: ‘Mahal na petrolyo sa Metro Manila, dapat imbestigahan’ – Manila Video.....»»

Category: newsSource:  manilainformerRelated NewsNov 27th, 2018

Consumer group files petition vs fare hikes

Consumer group files petition vs fare hikes.....»»

Category: entertainmentSource:  pepRelated NewsNov 13th, 2018

SMFB’s high return on equity merits ‘buy’ rating from analysts

Investors in the upcoming equity issue of San Miguel Food and Beverage Inc. (SMFB), the country's largest consumer business, can expect some of the highest returns among similar stocks in the region due to its attractive valuations and strong market position, according to analysts.   In a research note, AB Capital Securities said the firm formerly known as San Miguel Pure Foods Co. stood to benefit from cost savings and synergies from shared infrastructure and group-wide procurement, "providing investors with opportunity to invest in a huge consumer leader with stable cash generation."   "[Its] healthy financials translate to higher returns, providing [the company] ...Keep on reading: SMFB’s high return on equity merits ‘buy’ rating from analysts.....»»

Category: newsSource:  inquirerRelated NewsNov 9th, 2018

Toward a more robust and transparent consumer lending

In 2017, consumer loans in the Philippine banking system reached P1.49 trillion, up 17.3% from the P1.27 trillion worth of consumer loans recorded by the end of 2016, according to data from the Bangko Sentral ng Pilipinas (BSP). Also by the end of last December, the nonperforming consumer loans to performing consumer loans ratio stood […].....»»

Category: newsSource:  bworldonlineRelated NewsOct 26th, 2018

Consumer group airs plea vs FIT-All rates

Consumer group airs plea vs FIT-All rates.....»»

Category: financeSource:  thestandardRelated NewsOct 25th, 2018

Rights group pushes for U.N. convention to protect journalists

UNITED NATIONS –  A journalists' rights group on Monday, October 22 (October 23, Manila time), launched a campaign at the United Nations seeking a convention to protect media workers' rights worldwide. The International Federation of Journalists (IFJ) said the goal of the campaign was ending impunity in violations of these rights, ........»»

Category: newsSource:  rapplerRelated NewsOct 23rd, 2018

Ayala Group pushes for sustainable development

Ayala Group pushes for sustainable development.....»»

Category: financeSource:  thestandardRelated NewsOct 20th, 2018

SRP rises for noche buena items

FILIPINOS will have to tighten their belts a bit more as the holiday season approaches as more than half of noche buena products increased their suggested retail prices (SRP) this year, according to the Department of Trade and Industry (DTI). DTI undersecretary Ruth Castelo – who also heads the department’s consumer protection group — said […].....»»

Category: newsSource:  tribuneRelated NewsOct 16th, 2018

Rally at ERC protests high power rates in Iloilo City

Members of a consumer rights advocate group trooped to the office of the Energy Regulatory Commission (ERC) to protest high electricity rates of the Panay Electric Company (Peco). The group said it was in solidarity with Iloilo City consumers and their bid to have better power services. The group supported a complaint filed against an alleged 1,000 percent increase in rates despite consumers suffering from frequent brownouts. Hearing Peco consumers filed a complaint at the ERC in August. The ERC is set to hear the case this week. An earlier petition by Peco consumers was addressed to Congress. Submitted to the House committee on legislative franchises, the petition call...Keep on reading: Rally at ERC protests high power rates in Iloilo City.....»»

Category: newsSource:  inquirerRelated NewsOct 9th, 2018

AMRO adds to expectations of PHL growth slowdown as price hikes bite

A REGIONAL research group has slashed its growth forecast for the Philippines, noting that surging inflation and consumer pessimism will likely weigh on household spending and dampen overall expansion. The ASEAN+3 Macroeconomic Research Office (AMRO) joined multilateral lenders in trimming the growth estimate for the Philippines to 6.5% from 6.8% previously, as reported in the… link: AMRO adds to expectations of PHL growth slowdown as price hikes bite.....»»

Category: newsSource:  manilainformerRelated NewsOct 8th, 2018

AMRO adds to expectations of PHL growth slowdown as price hikes bite

A REGIONAL research group has slashed its growth forecast for the Philippines, noting that surging inflation and consumer pessimism will likely weigh on household spending and dampen overall expansion. The post AMRO adds to expectations of PHL growth slowdown as price hikes bite appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsOct 7th, 2018

PCCI pushes grant of power subsidies

Apart from pushing for competitive bidding in the power industry, it may be high time for government to explore possible power subsidies to make the country competitive with neighboring countries and to bring in foreign investments, the country’s largest business group said......»»

Category: financeSource:  philstarRelated NewsSep 28th, 2018

Lucio Tan to merge PNB, PNB Savings Bank

MANILA, Philippines – Lucio Tan is merging the Philippine National Bank (PNB) with the PNB Savings Bank to strengthen the Tan group's consumer lending business. Tan disclosed to the Philippine Stock Exchange on Friday,September 28, that PNB's board of directors approved the acquisition of PNB Savings Bank's assets and assumption ........»»

Category: newsSource:  rapplerRelated NewsSep 28th, 2018

Blondie to play Cuba on four-day cultural exchange

Blondie will be playing two nights in Cuba next March as part of a four-day cultural exchange program, and fans can come along. The iconic rock group announced Monday that they will play two concerts during their March 14-18 visit in Havana, which will also feature Cuban musicians Alain Perez, David Torrens and Sintesis. The organizer, Dreamcatcher Events, is licensed as required under current U.S. travel restrictions to Cuba. The program will also include visits to Cuban museums and cultural institutions, studios and galleries and photography and architecture tours. Pricing for the trip, which includes a hotel reservation, ranges from $2,700 to $5,600 (almost P146, 700 to arou...Keep on reading: Blondie to play Cuba on four-day cultural exchange.....»»

Category: newsSource:  inquirerRelated NewsSep 25th, 2018

Group seeks moratorium on FIT-All

Consumer group Laban Konsyumer Inc. (LKI) is urging the power regulators to implement a moratorium on all feed-in tariff allowance (FIT-All) applications amid lower renewable energy rates......»»

Category: financeSource:  philstarRelated NewsSep 24th, 2018

What is the Philippine Competition Commission?

If there is a government agency that safeguards consumer rights and ensures right pricing in the market like the Department of Trade and Industry (DTI), there is also an institution that protects fair market competition in the country. And why does a fair competition in the market good for Filipinos? When it is present, businesses […].....»»

Category: newsSource:  metrocebuRelated NewsSep 8th, 2018

Taiwan unit’s IPO gets SEC nod

The Securities and Exchange Commission (SEC) has approved a plan by consumer electronics manufacturer Cal-Comp Technology (Philippines) Inc., a unit of Taiwan-based New Kinpo Group (NKG), to embark on a P6.77-billion initial public offering.   Cal-Comp's registration statement had been cleared by the SEC en banc, SEC Secretary and spokesperson Arman Pan said.   The NKG unit plans to sell up to 397.97 million new common shares at a maximum price of P17 each, bringing about 26.77 percent of the company's shares to public hands. The company seeks an option to upsize the issuance by up to 19.9 million shares.   Proceeds from the IPO will be mainly used for fa...Keep on reading: Taiwan unit’s IPO gets SEC nod.....»»

Category: newsSource:  inquirerRelated NewsSep 7th, 2018

SEC OKs Cal-COMP s P6.77B IPO

The Securities and Exchange Commission (SEC) has approved a plan by consumer electronics manufacturer Cal-Comp Technology (Philippines) Inc., a unit of Taiwan-based New Kinpo Group (NKG), to embark.....»»

Category: newsSource:  philippinetimesRelated NewsSep 7th, 2018