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BPI eyes return to debt markets in 1st half
Bank of the Philippine Islands is looking to tap the local and foreign debt markets within the first half of the year to raise funds to refinance its maturing obligations and beef up its lending portfolio......»»
Asialink loan releases jump 38% to P12.6 billion
Loans extended by Asialink Finance Corp. jumped by 38.1 percent to P12.6 billion last year from P9.12 billion in 2022, further boosting its lending portfolio......»»
Shooting: Angry man shoots debt collector in San Fernando
CEBU CITY, Philippines – A furious 76-year-old man from San Fernando town, southern Cebu shot the lady collector of his lending business for neglecting her job. The man whom witnesses said was angered by the apparent negligence of his collector who was seen engaging in a drinking spree, also attempted to kill himself on Monday.....»»
Double-digit growth in bank lending seen this year
The Philippine banking sector is expected to book double-digit growth in loan disbursements this year on the back of robust economic growth, according to BMI Country Risk & Industry Research......»»
Filing of complaints now easier with CARe System – DTI
The DTI introduced the DTI Consumer Complaints Assistance and Resolution System (CARe System) to the general public on 13 October 2023 held at the New World Hotel Manila......»»
The New Era of Freshness has arrived! Welcome TCL CoolPro | FreshIN 2.0 Inverter Air Conditioner is here to stay!
TCL, a leading consumer electronics brand and one of the world’s top two TV brands, is happy to announce that the TCL CoolPro | FreshIN 2.0 Breathe+, Live Cool ‘Inverter Air Conditioner is finally available. Get ready to experience the invigorating comfort of breathable freshness with the latest innovation. Dubbed as the coolest and freshest.....»»
CPI up for 4th straight month to 3.9% (lower than expected)
The Philippine Statistics Authority reported that the consumer price index data for May revealed that headline inflation for that month was up 3.9% y/y (as compared to the CPI level for May 2023)......»»
Stronger vape regulation sought to protect consumers, boost revenues
Amid the rampant smuggling and illicit trade of e-cigarettes, a consumer group is pushing for stronger regulation of the vape industry to safeguard consumers from potential harm and maximize government revenue from legal sales......»»
EastWest Bank sees sustained profit gains
Gotianun-led East West Banking Corp. is targeting to sustain its double-digit income growth this year as it expects higher consumer loan demand, according to its top official......»»
Should You Buy Things You Might Need in the Future?
In our consumer-driven society, we often face the dilemma of whether to purchase items we might need in the future. Retailers encourage advance buying with sales and limited-time offers, but this can lead to unnecessary expenditure and clutter. How do you decide if a future need justifies a present purchase? The answer involves careful planning […].....»»
Tax breaks on e-motorcycles lauded
An international think tank and a consumer advocacy group commended the recent approval of the National Economic Development Authority (NEDA) to finally include two and three-wheeled electric vehicles (EVs) in government tax incentives under Executive Order 12......»»
Multisectoral groups join forces vs online scams
Stepping up the fight against online fraud and scams, several government agencies have teamed up with the private sector and advocacy groups for an education campaign focused on bolstering consumer protection online......»»
May epek sa health: Pagkalat ng magic sugar inawat ng SRA
Inaawat ngayon ang paglaganap ng artificial o magic sugar sa merkado upang mapangalagaan ang kalusugan ng mga consumer. The post May epek sa health: Pagkalat ng magic sugar inawat ng SRA first appeared on Abante......»»
‘Dr. Stranger’
More than 50 percent of consumer products in all Filipino homes undergo some form of screening, testing or review by the Food and Drug Administration......»»
Coal plants named primary culprits for power supply shortage — report
Energy consumer advocacy group Power4People (P4P) coalition condemned coal plants run by different firms in the country, named by a study as the “primary culprits” for the continuous predicaments of the country’s power grids......»»
Government, private sector urged to unite vs online scammers
A whole-of-society strategy is needed to effectively address the persistent scam attacks victimizing individuals and businesses, according to consumer advocacy group CitizenWatch Philippines......»»
Surge in consumer spending seen this year
Consumer spending in the Philippines is expected to surge this year due to easing inflationary pressures, healthy employment conditions and lower borrowing costs, according to BMI Country Risk & Industry Research......»»
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......»»
Citing importance of internet connectivity, group urges lifting of lease fees for telcos
A consumer group has called to suspend the lease fees for telecommuncations companies, saying that internet connection in the digital era is a basic necessity......»»
ERC pumiyok, dagdag-singil sa kuryente tuloy pa rin
May babayaran pa ring dagdag-singil sa kuryente ang mga consumer kahit pinatigil na ang operasyon ng Wholesale Electricity Spot Market (WESM) tuwing may red alert sa suplay ng kuryente. The post ERC pumiyok, dagdag-singil sa kuryente tuloy pa rin first appeared on Abante......»»