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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

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

PLDT Home revenues rise 14% on strong fiber, video on demand

PLDT Home, the consumer group of telco and digital services provider PLDT, reported a 14 percent rise in revenues to P18 billion on strong customer demand for fiber broadband connectivity and a growing appetite for bundled services like video entertainment......»»

Category: financeSource:  philstarRelated NewsAug 25th, 2018

French court orders Twitter to change smallprint after privacy case

  PARIS -- A Paris court on Thursday ordered Twitter to change its smallprint, according to a consumer group which accused the tech giant of having "abusive" clauses in its terms and conditions. UFC-Que Choisir claimed victory in its case against the US social media platform, saying "the conviction has a gigantic scope for the protection of users' personal data". The consumer association had called on the high court "to recognize the abusive or illegal nature" of 256 clauses contained in Twitter's terms and conditions that it said breached users' privacy. In particular, UFC-Que Choisir said the court's decision guarantees Twitter users that their photos and tweets can no...Keep on reading: French court orders Twitter to change smallprint after privacy case.....»»

Category: newsSource:  inquirerRelated NewsAug 10th, 2018

‘Rice import dependence compromising Philippine food security’

A consumer group claimed the country’s continuing dependence on rice importation as well as the proposed rice tariff would only place the Filipino people’s food security in greater danger......»»

Category: newsSource:  philstarRelated NewsJul 21st, 2018

Parents warned over ‘toxic’ slime – BBC News

Parents are being warned about potentially toxic levels of chemicals in slime toys popular with children. The consumer group Which? […].....»»

Category: newsSource:  mindanaoexaminerRelated NewsJul 18th, 2018

Group under CBCP opposes Charter change, citing lack of transparency

AN ORGANIZATION under the Catholic Bishops’ Conference of the Philippines has expressed its opposition to charter change, saying it is untimely and not transparent. The CBCP’s lay sector, Sangguniang Laiko ng Pilipinas (LAIKO), said in a statement on Thursday that “ in unity with all Filipinos who are freedom-loving and defenders of truth, we strongly… link: Group under CBCP opposes Charter change, citing lack of transparency.....»»

Category: newsSource:  manilainformerRelated NewsJul 14th, 2018

Group under CBCP opposes Charter change, citing lack of transparency

AN ORGANIZATION under the Catholic Bishops’ Conference of the Philippines has expressed its opposition to charter change, saying it is untimely and not transparent......»»

Category: financeSource:  bworldonlineRelated NewsJul 13th, 2018

Testosterone pushes men to luxury brands — study

PARIS, France -- A single dose of testosterone steers men towards luxury brands of cars, watches, pens, or clothes which, like stag anglers and peacock tails, signal "status" to the female gender, scientists said Tuesday. The sex hormone, it turns out, is a major influencer of male consumer behavior, according to a study published in the journal Nature Communications. "This is likely because testosterone plays a role in behaviors that relate to social rank (in animals), and owning status products is a strategy to signal one's rank within human social hierarchies," study co-author Gideon Nave of the University of Pennsylvania told AFP. Studies have already established that hu...Keep on reading: Testosterone pushes men to luxury brands — study.....»»

Category: newsSource:  inquirerRelated NewsJul 4th, 2018

Cal-Comp set to hold IPO

Consumer electronics producer Cal-Comp Technology (Philippines) Inc., a unit of Taiwan-based New Kinpo Group (NKG), filed on Friday an application to raise as much as P6.77 billion from an initial.....»»

Category: newsSource:  philippinetimesRelated NewsJul 2nd, 2018

S. Korea’s LG Group heads for fourth generation succession

South Korea’s LG Group on Friday welcomed the heir to its late patriarch as holding company board member, paving the way for yet another family transfer of corporate power in the country. LG is the South’s fourth-biggest conglomerate and perhaps best known internationally for its household appliances and consumer electronics, but among myriad other activities […].....»»

Category: newsSource:  bworldonlineRelated NewsJun 29th, 2018

French cognac gets green light for ‘XXO’ label

French cognac will soon be able to be marketed as XXO, or "extra extra old," after regulators accepted a push by distillers to modify strict sales and production rules, an industry group said Monday. Currently, producers can apply only three quality distinctions: VS (very special), VSOP (very superior old pale) or XO (extra old)---all written in English in a nod to Britain's historical involvement in the brandy trade. But cognac heavyweight Hennessy, eyeing strong demand in Asia, had begun marketing a prestige bottle as "XXO Cognac Hors d'Age," or Beyond Age. France's consumer protection agency ordered Hennessy to pull the distinction from the labels in December, saying buye...Keep on reading: French cognac gets green light for ‘XXO’ label.....»»

Category: newsSource:  inquirerRelated NewsJun 26th, 2018

AlipayHK and GCash launch cross-border remittance service powered by Alipay’s blockchain technology

AlipayHK and GCash today announced the launch of a cross-border remittance service through their e-wallet platforms, powered by cutting-edge blockchain technology developed by Alipay, the online payment platform operated by Ant Financial Services Group ("Ant Financial", "Ant"). This is the first blockchain-based cross-border digital wallet remittance service globally, offering a fast, secure, convenient, transparent and low-cost way to transfer money directly between individuals in Hong Kong and the Philippines. Alipay has applied blockchain technology to streamline the remittance process, radically improving the speed of delivery, enhancing transparency of the process and drast...Keep on reading: AlipayHK and GCash launch cross-border remittance service powered by Alipay’s blockchain technology.....»»

Category: newsSource:  inquirerRelated NewsJun 26th, 2018

ERC abolition: Some gov t agencies, private groups favor it, others don t

Some concerned government agencies and private entities have opposed the proposal to abolish the Energy Regulatory Commission (ERC) but a consumer group backed House Speaker Pantaleon Alvarez'.....»»

Category: newsSource:  philippinetimesRelated NewsJun 25th, 2018

Consumer group seeks gov’t approval of higher feed-in-tariff allowance

A CONSUMER group that has asked the Energy Regulatory Commission (ERC) to reconsider its decision to approve the increase in the feed-in tariff allowance (Fit-All) for 2017 has followed up that petition amid the suspension of the agency’s four commissioners. The post Consumer group seeks gov’t approval of higher feed-in-tariff allowance appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsJun 22nd, 2018

Consumer group calls for renewed fight against FiT-All, following ERC suspensions

A consumer group that asked the Energy Regulatory Commission (ERC) to reconsider its decision to approve the increase in the feed-in tariff allowance (FiT-All) for 2017 is asking the government to act on its petition despite the suspension of four of the agency’s commissioners. “I truly hope that Malacanang will act on FiT-All swiftly. Otherwise, […] The post Consumer group calls for renewed fight against FiT-All, following ERC suspensions appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsJun 22nd, 2018

Electronics group pushes renewable energy projects

The electronics industry is urging the government to come up with a progressive plan for higher utilization of cleaner power sources......»»

Category: financeSource:  philstarRelated NewsJun 16th, 2018

Consumer group decries increase in FIT-All

Consumer advocacy group CitizenWatch said the Feed-In-Tariff Allowance, or FIT-All, in electricity bills is proving to be an additional burden for Filipino consumers already overburdened by the increase of prices attributable to rising inflation rates, oil price hike in the world market, weakening of the peso against the US Dollar and the untimely impact of… link: Consumer group decries increase in FIT-All.....»»

Category: newsSource:  manilainformerRelated NewsJun 16th, 2018

EcoWaste Coalition pushes for ecological solid waste management to help fight dengue

The waste and pollution watch group Ecowaste Coalition aired its plea for (Ecological Solid Waste Management) ESWM as the nation observes ASEAN Dengue Day today in a bid to increase public awareness on dengue, mobilize resources for its prevention and control, and demonstrate the region’s commitment to tackling the disease. EcoWaste Coalition pushes for ecological… link: EcoWaste Coalition pushes for ecological solid waste management to help fight dengue.....»»

Category: newsSource:  manilainformerRelated NewsJun 15th, 2018