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Philippines upper middle-income status seen to boost insurance penetration

Higher insurance penetration hinges on the country’s ability to reach upper middle-income status as Filipinos’ disposable income remains limited amid the high cost of basic goods and services......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

Philippines keeps eye on price manipulators amid El Nino

MANILA, March 7 (Xinhua) -- Amid the El Nino dry spell and drought, the Philippines will intensify its efforts to ensure a sufficient supply of basic goods and commodities and monitor possible manipulation of their prices, an official said on Thursday. Gilberto Teodoro Jr., chair of the governmental task force on El Nino, has urged the Department of Trade and Industry to intensify market price and supply monitor.....»»

Category: newsSource:  philippinetimesRelated NewsMar 10th, 2024

Unlikely heroes take charge as Ginebra, NorthPort down Phoenix, Meralco

Birthday boy Ralph Cu waxes hot from beyond the arc to lift Barangay Ginebra past Phoenix, while JM Calma delivers the goods for NorthPort against Meralco.....»»

Category: newsSource:  rapplerRelated NewsMar 10th, 2024

Philippines keeps eye on price manipulators amid El Nino

MANILA, March 7 (Xinhua) -- Amid the El Nino dry spell and drought, the Philippines will intensify its efforts to ensure a sufficient supply of basic goods and commodities and monitor possible manipulation of their prices, an official said on Thursday. Gilberto Teodoro Jr., chair of the governmental task force on El Nino, has urged the Department of Trade and Industry to intensify market price and supply monitor.....»»

Category: newsSource:  manilanewsRelated NewsMar 8th, 2024

Bong Go aids Muntinlupa fire victims

Fire victims in Muntinlupa City received relief goods on Wednesday from Sen. Bong Go, Mayor Ruffy Biazon, Vice Mayor Artemio Simundac and other local officials......»»

Category: newsSource:  philstarRelated NewsMar 8th, 2024

An efficient maritime transport system is key to sustainable economic growth

As an archipelago composed of more than 7,000 islands, the Philippines carries the characteristic of heavily relying on the maritime transport system to move people and goods......»»

Category: newsSource:  philstarRelated NewsMar 2nd, 2024

DTI eyes development of e-commerce trustmark

“The trustmark shall signify that the products, goods or services sold online can be trustworthy, provided that symbol, image, or badge issued or awarded are accredited by the concerned agencies.”.....»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

Factory gate prices decline in January

Producer prices of manufactured goods contracted in January due mainly to the slower increase in prices of computer, electronic and optical products, according to the Philippine Statistics Authority......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

EDITORIAL - Proudly Phl-made

Entrepreneurs will welcome the signing of the Tatak Pinoy (Proudly Filipino) Act, which provides financing and incentives to local producers of quality goods......»»

Category: newsSource:  philstarRelated NewsFeb 27th, 2024

Tatak Pinoy more than branding, Marcos says

Producers of best quality Filipino goods are entitled to greater incentives and financing perks based on a law signed yesterday by President Marcos, which aims to make Philippine-made products and services globally competitive......»»

Category: newsSource:  philstarRelated NewsFeb 27th, 2024

Luxury brands dress up for Philippines expansion

Traveling abroad to shop for luxury goods?.....»»

Category: financeSource:  philstarRelated NewsFeb 25th, 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

NCR retail prices rise at slowest pace in nearly 2 years

Retail prices of goods in Metro Manila in January posted its lowest growth rate in nearly two years due mainly to slower food price hikes, according to the Philippine Statistics Authority......»»

Category: financeSource:  philstarRelated NewsFeb 24th, 2024

New Subic ‘royalty fee’ will make goods costlier

A newcomer is imposing 55- or 65-percent “royalty” on long-time locators at Subic Bay Freeport. This will push up prices of grains, fertilizers and other imports in Luzon’s second busiest harbor......»»

Category: newsSource:  philstarRelated NewsFeb 23rd, 2024

P400-M cash, relief goods provided to calamity-affected families

THE Department of Social Welfare and Development-Davao Region (DSWD-Davao) has already provided around P400 million worth of financial and basic commodity assistance to the families affected by the recent trough of low-pressure area (LPA) and shear line......»»

Category: newsSource:  sunstarRelated NewsFeb 20th, 2024

British chamber remains optimistic on UK-Philippines trade growth

With the total trade in goods and services reaching an all-time high of £3.0 billion, BCCP Executive Director/Trustee Chris Nelson expressed optimism on the positive growth trajectory of the UK and the Philippines’ bilateral trade......»»

Category: financeSource:  philstarRelated NewsFeb 12th, 2024

Excise tax collection declines to P292 billion

Lower consumption of ‘sin’ products as prices of essential goods increased last year resulted in the drop of excise tax collections by the government, further exacerbated by the still rampant illicit trade......»»

Category: financeSource:  philstarRelated NewsFeb 12th, 2024

PH boxers taking ‘goods steps’ in qualifying for Paris Olympics

Golden wins by Nesthy Petecio, Rogen Ladon, Aira Villegas, and Hergie Bacyadan in Spain highlight the Filipino boxers' bid to qualify for the Paris Olympics.....»»

Category: newsSource:  rapplerRelated NewsFeb 10th, 2024

Wholesale price growth slowed in 2023

Growth in bulk prices of goods in the country eased last year as food and three other commodity groups posted slower price increases, according to the Philippine Statistics Authority......»»

Category: financeSource:  philstarRelated NewsFeb 5th, 2024

DSWD plans to do away with seniors’ booklets

The Department of Social Welfare and Development (DSWD) on Friday said it plans to do away with the purchase booklets that senior citizens use for record-keeping when availing themselves of discounts on medicines and other essential goods. A recent position paper by DSWD’s Program Management Bureau (PMB) proposes that the booklets—where drug store or supermarket staff note down.....»»

Category: newsSource:  inquirerRelated NewsFeb 3rd, 2024