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DTI allows manufacturers to downsize certain goods to offset rising costs

MANILA, Philippines — The Department of Trade and Industry (DTI) announced on Wednesday that manufacturers of essential goods can maintain profitability amid rising production costs by reducing product sizes or weights, instead of increasing prices. Trade Assistant Secretary Amanda Marie Nograles explained during the televised Bangon Pilipinas briefing that the DTI permitted this adjustment for.....»»

Category: newsSource:  inquirerRelated NewsJan 18th, 2024

Philippines among most friendly markets for consumer brands in AsPac

The Philippines is among the most friendly markets in Asia Pacific (AsPac) for incumbent consumer brands, according to global consultancy Bain and Co......»»

Category: financeSource:  philstarRelated NewsFeb 12th, 2024

‘Traders must explain soaring prices of goods in probe’

Traders and middlemen must give the proper responses to congressmen, once the House committee on trade and industry continues its inquiry on the soaring prices of basic goods despite plunging farmgate prices, Speaker Ferdinand Martin Romualdez said last Monday......»»

Category: newsSource:  philstarRelated NewsApr 30th, 2024

Customs seizes P18 billion smuggled goods in Q1

The Bureau of Customs confiscated P18 billion in smuggled goods in the first quarter as the entry of illegal items into the country remains a problem......»»

Category: financeSource:  philstarRelated NewsApr 19th, 2024

Presyo Merkado: Current prices of food in Metro Cebu markets

Presyo Merkado is a daily guide to the prices of goods in different markets around Metro Cebu. Stay updated by checking our site and social media platforms every morning. (UPDATED) CEBU CITY, Philippines —It is almost payday! What are you planning to buy in the market? You may check the prices of goods and commodities.....»»

Category: newsSource:  inquirerRelated NewsApr 11th, 2024

Pasil fish traders upset over Gwen’s wet goods transport policy

CEBU CITY, Philippines- Several fish traders at the Pasil Fish Port are complaining regarding a new policy of the Cebu Provincial Government which prohibits the entry of vehicles transporting wet goods from unsanitary conditions within the territorial jurisdiction of the province of Cebu. The policy, outlined in Executive Order (EO) No. 2 issued by Governor.....»»

Category: newsSource:  inquirerRelated NewsFeb 5th, 2024

Consumer groups lament unprecedented rice inflation

The Rice Liberalization Law has been in place for five years. Still, market prices have yet to drop to P25 per kilo, affecting farmers and consumers. The post Consumer groups lament unprecedented rice inflation appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsFeb 29th, 2024

Inflation up slightly, but still within target

The rate of increase in the average prices of consumer goods and services typically purchased by Filipinos rose slightly to 3.8 percent in April from 3.7 percent in March, driven by faster increases in food and transport costs, according to the Philippine Statistics Authority......»»

Category: financeSource:  philstarRelated NewsMay 8th, 2024

Aboitiz completes acquisition of Coca-Cola Philippines

The Aboitiz Group’s entry into the branded consumer goods space is ready to commence with its successful acquisition of Coca-Cola Beverages Philippines Inc......»»

Category: financeSource:  philstarRelated NewsFeb 24th, 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

Students trained on key consumer info, laws

Students trained on key consumer info, laws.....»»

Category: newsSource:  sunstarRelated NewsApr 4th, 2024

BSP logs 40K complaints relating to financial consumer protection; only 5% come from Mindanao

SINCE the effectivity of the Financial Consumer Protection Act (Republic Act 11765) in June 2022, the Bangko Sentral ng Pilipinas (BSP) has logged more than 40,000 complaints from customers of different BSP-supervised financial institutions from all over the Philippines. Of this number, only around 5 percent come from Mindanao, implying the Mindanaoans' unawareness of the law......»»

Category: newsSource:  sunstarRelated NewsApr 1st, 2024

Dahil sa monopoly SANIB-PUWERSA NG 3 TYCOONS SIRIT-PRESYO SA KORYENTE — CONSUMERS GROUP

ANG US$3 bilyong kasunduan sa pagitan ng tatlong mga bigating energy firms sa pamamagitan ng paggamit ng natural gas ng mga power plants ay isang malaking banta para sa mga consumer dahil magdudulot ito ng pagtaas sa presyo ng koryente sa pamamagitan ng monopolyo ng liquefied natural gas (LNG) industry. Ayon kay consumer group United ….....»»

Category: filipinoSource:  hatawtabloidRelated NewsMar 11th, 2024

Consumer group hopes early passage of NEPC franchise law

Consumer group hopes early passage of NEPC franchise law.....»»

Category: newsSource:  sunstarRelated NewsFeb 25th, 2024

BSP to strengthen consumer protection

The Bangko Sentral ng Pilipinas is further strengthening consumer protection measures as complaints breached the 30,000 level from January to September last year......»»

Category: financeSource:  philstarRelated NewsJan 22nd, 2024

‘Suspend all mining ops’: Groups demanding accountability for Masara landslide

SEVERAL progressive groups gathered at Roxas Avenue in Davao City on February 20, 2024, aiming to hold a prominent mining company accountable for a significant landslide incident in Masara, Municipality of Maco, Davao de Oro......»»

Category: newsSource:  sunstarRelated NewsFeb 20th, 2024

Trkiye: Ensure Accountability for Deaths in Earthquake

The Turkish government has an obligation to ensure that public officials responsible for thousands of defective buildings that collapsed in the February 6, 2023 earthquakes, are held accountable, Human Rights Watch said today. The earthquakes, which devastated Trkiye's southeastern provinces, left more than 50,000 people dead and hundreds of thousands injured.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 3rd, 2024

Banks expect higher consumer, corporate loan demand in Q1

Despite the higher for longer interest rate scenario, Philippine banks still expect a stronger loan demand from companies and households in the first quarter of the year, according to the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsJan 26th, 2024

JUSTICE

Lumad school teacher Rose Hayahay holds a photo of fellow teacher Gelejurain Ngujo II, as Lumad advocates observe the second death anniversary of the New Bataan 5 murders. Ngujo, with fellow teacher Chad Booc, health worker Elegyn Balonga, and two drivers were killed in New Bataan, Davao de Oro two years ago, as Lumad advocates hold soldiers accountable for their murders. (Kath Cortez/davaotoday.com).....»»

Category: newsSource:  davaotodayRelated NewsFeb 26th, 2024

ULAP supports Cha-Cha

The Union of Local Authorities of the Philippines (ULAP), umbrella organization of all leagues of local government units (LGUs) and locally elected government officials in the country, supports the move to amend the 1987 Constitution. In a recent resolution, ULAP cited the need for more responsive, accountable, and updated governmental frameworks that would enable LGUs […].....»»

Category: newsSource:  journalRelated NewsJan 24th, 2024