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Garment factory workers in PH: Over 5,000 lose jobs
MANILA, Philippines — Weak demand overseas that depressed local orders caused around 5,100 garment factory workers to either be retrenched or forced to go on leave since the start of the year. At least nine factories have been affected, including Luenthai Philippines, the country’s biggest exporter of textile goods using cotton. This is according to.....»»
Axelum inks multi-year deal with Vita Coco
Axelum Resources Corp., a listed integrated manufacturer and exporter of premium coconut products, has sealed a new multi-year deal with The Vita Coco Co Inc., one of the world’s largest coconut water brands......»»
EU country profiting from Russian gas - Bloomberg
Gazprom supplied all of the agreed-upon volumes to Austria under a long-term contract, the outlet says Austria has become a net energy exporter for the first time in twenty years as stable supplies of Russian natural gas allowed it to sell more electricity than it imported, Bloomberg reported this week. .....»»
Health and Wellness Products are Booming in Cebu Amid Post-Covid Scenario
The sale of health and wellness-related products is booming in Cebu as the country continues to reel from the effects of the COVID-19 pandemic some three years ago. And this is why an exporter couple from Cebu invested in these products diversifying their existing business into a retail market for health equipment. Owners Paul and […].....»»
Xinhua world economic news summary at 0900 GMT, April 1
MANILA -- The Philippine government's budget deficit increased to 164.7 billion pesos (2.93 billion U.S. dollars) in February, the country's Bureau of the Treasury said Monday. "The wider budget gap stemmed from the 22.14 percent year-over-year increase in expenditures, matched with moderate revenue growth of 5.73 percent," the bureau said. With the February turnout, the bureau said the year-to-date fiscal balan.....»»
BI to modernize even more in 2024 – Tansingco
The Bureau of Immigration (BI) is set to replace 25% of its manual operations to electronic gates in 2024 and expects that half of the bureau’s operations will be electronic by 2026. BI Commissioner Norman Tansingco announced that the bureau is gearing up for more modernization projects for 2024, owing to expectation that the number […].....»»
Gov’t readies new discount guidelines for seniors, PWDs
The national government is crafting new guidelines to expand the monthly discount cap on grocery items and prime commodities for senior citizens and persons with disabilities (PWDs). Cherryl Carbonell, officer in charge of the Department of Trade and Industry’s (DTI) Consumer Policy and Advocacy Bureau, said on Saturday what they have now was an initial.....»»
Consunji Group maps out recovery plan for Cemex
The Consunji Group has mapped out a strategic plan to revitalize listed cement maker Cemex Holdings Philippines......»»
‘Cemex will remain a listed company’
The Consunji Group has no intention to delist cement maker Cemex Holdings Philippines Inc. (CHP) in the Philippine Stock Exchange following its $305.6 million acquisition......»»
Holcim allots P2 billion for co-processing, RE shift
Cement maker Holcim Philippines Inc. is spending P2 billion over the next three years for co-processing and shifting to renewable energy in line with its commitment for sustainable manufacturing operations......»»
Xiaomi takes aim at Tesla in Chinese auto market with $29,870 electric car
BEIJING (Reuters) – Chinese smartphone maker Xiaomi launched a sporty electric car on Thursday with styling cues drawn from Porsche and priced below Tesla’s Model 3, highlighting the stiff competition from new entrants in an already crowded EV market in China. During the two hour-long event, Xiaomi CEO and founder Lei Jun told a packed.....»»
Danao City ‘gun maker’ nabbed in raid
CEBU CITY, Philippines – A 39-year-old man, who was accused of the illegal manufacture of guns, was arrested in a raid in his residence in Sitio Sapangdako, Barangay Matija, Danao City in northern Cebu, Tuesday dawn, March 26. In a report, the Cebu Police Provincial Office (CPPO) said that the raid was based on a.....»»
Maker of Oreo cookies staying in Russia - CEO
The shareholders of Mondelez International have never pressured the company to quit the market, Dirk Van de Put has said The shareholders of Mondelez International, one of the world's biggest snack companies, do not "morally care" whether the firm continues to do business in Russia, the company's.....»»
7 PDEA-Ilocos Norte operatives back in service after probe found critics wrong
Seven anti-narcotics agents of the Philippine Drug Enforcement Agency, relieved and probed after a sting operation against a charcoal-maker in Solsona town in Ilocos Norte on Saturday last week, were reinstated......»»
BI bars entry of three American sex offenders at NAIA and Cebu airports
Bureau of Immigration (BI) Commissioner Norman Tansingco said that three sex offenders were turned away by BI officers in the international airports of Manila and Cebu. Excluded last January 10 at the Ninoy Aquino International Airport (NAIA) terminal 1 was American national Rolando Camama, 73, who arrived on board a China Airlines flight from Taipei. […].....»»
Andrea umapir sa live selling
Na shookt ang mga live viewer ng online selling ng sales and marketing team ng sariling makeup brand ni Andrea Brillantes. Biglang umapir ito at bumati sa mga prospective online buyers. The post Andrea umapir sa live selling first appeared on Abante......»»
Philippines to showcase tourism offerings at Arabian Travel Market, Seoul Int’l Travel Fair 2024
The Department of Tourism and its marketing arm, Tourism Promotions Board, are set to lead the delegation who will spotlight Philippines' tourism offerings in back-to-back travel and trade events this month......»»
DOH chief unaware of pyramiding schemes, gifts to doctors
MANILA, Philippines — No less than the country’s health chief had no knowledge of the alleged multi-level marketing (MLM) schemes in the medical industry until the issue was raised before the Senate. Facing the Senate probe on Tuesday, Department of Health (DOH) Secretary Teodoro Herbosa said he only heard of some of the perks that.....»»
Partners in the hospitality industry
Travel, tourism, lodging, recreation, food and beverage are all partners in the hospitality industry, and sales and marketing is a very important component that drives and ensures the growth and success of the sector......»»
Bad beyond pharma
The alleged multi-level marketing practice of a local pharmaceutical company exposed by media is now the talk of the health care community......»»