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How to Navigate a Price Increase and Still Make Customers Happy

Running a business is not easy, especially when you are going to make tough decisions that would make or break it. One of these dreadful situations is adjusting your prices, specifically increasing them. There are times when the cost of making your products rises, forcing you to increase it as well. Increasing your prices might […].....»»

Category: newsSource:  metrocebuRelated NewsMay 3rd, 2024

Factory gate prices rise faster in December

Producer prices went up at a slightly faster pace in December from the previous month, driven largely by the manufacture of computer and electronic products......»»

Category: financeSource:  philstarRelated NewsJan 30th, 2024

Factory output rises to 5-month high in February

Manufacturing output in February picked up at its fastest pace in five months, driven by the performance of electronic, food and chemical products, according to the Philippine Statistics  Authority......»»

Category: financeSource:  philstarRelated NewsApr 13th, 2024

Food cart program gives hope to reformed drug suspects

After spending six months in jail for drug offense, and another six months for counseling and rehabilitation, 46-year-old Jessie Morales was left homeless by a fire that hit his neighborhood in Tondo last month, leaving him with nothing but more anguish......»»

Category: newsSource:  philstarRelated NewsApr 3rd, 2024

Traders, middlemen blamed for soaring commodity prices

The soaring prices of basic commodities in the market despite the wide gap in farmgate and retail prices are brought by as much as 200 percent profit of middlemen and traders, according to administration lawmakers......»»

Category: newsSource:  philstarRelated NewsMay 3rd, 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

Mixed adjustments in oil prices today

Local oil firms made mixed adjustments in petroleum prices today, with the prices of diesel and kerosene rolled back while that of gasoline increased.?.....»»

Category: newsSource:  philstarRelated NewsApr 22nd, 2024

Fuel prices rise by 50¢ per liter amid Russia export ban

MANILA, Philippines —Fuel pump prices will increase by P0.50 per liter starting Tuesday, March 5, due to Russia’s six-month export ban. However, diesel prices will decrease by P0.40 per liter and kerosene by P0.35 per liter, as reported by local oil firms. Shell and Seaoil will implement the price adjustments by 6 a.m. while CleanFuel.....»»

Category: newsSource:  inquirerRelated NewsMar 4th, 2024

High rice prices to persist until September – DA

Despite sufficient rice stocks in the first half of the year, elevated rice prices may persist until September due to high international prices caused by the El Niño phenomenon, according to the Department of Agriculture......»»

Category: newsSource:  philstarRelated NewsFeb 8th, 2024

Fuel prices in Cebu City as of Feb. 6: Gasoline up by 75 centavos, diesel by P1.50

CEBU CITY, Philippines — Another round of increase in fuel prices greeted motorists on Tuesday, February 6. Local oil firms announced in separate advisories that the prices of gasoline will increase by 75 centavos per liter and diesel by P1.50 per liter. Meanwhile, kerosene was up by 80 centavos per liter. The Department of Energy.....»»

Category: newsSource:  inquirerRelated NewsFeb 6th, 2024

Robinsons Bank systems convert into BPI in 18 months

Bank of the Philippine Islands is looking to convert all branches and systems of Robinsons Bank Corp. in 12 to 18 months, following the merger of the two banks earlier this year......»»

Category: financeSource:  philstarRelated NewsMay 1st, 2024

Misamis Oriental port seen to support higher food production goals — DA

The construction of a new port in Misamis Oriental is expected to support the government’s goal of increasing food production, as it is anticipated to enhance the trade capacity of the Mindanao region, according to the Department of Agriculture......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

Burgers most ordered Grab food in 2023

Filipinos lessened their orders for sweet delicacies in favor of savory items as fast food staples dominated the list of most purchased products on GrabFood in the Philippines last year......»»

Category: newsSource:  philstarRelated NewsJan 14th, 2024

Easing staple prices offer Filipino consumers respite

Philippine food inflation remained high in recent months......»»

Category: financeSource:  philstarRelated NewsMay 13th, 2024

BSP: Inflation surpassed target in March

Inflation likely continued its uptick in March but breaching the target of the central bank for the first time in three months amid more expensive electricity costs, oil and food prices......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

Inflation quickens to 3.4 percent in February

Inflation quickened to a two-month high of 3.4 percent in February from 2.8 percent in January, snapping four straight months of decline amid faster upticks in food prices such as rice and meat and transport costs......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

Department of Agriculture sees spike in fish,vegetables prices this Lent

A spike in the retail prices of fish and vegetables is expected during the Holy Week, Agriculture Assistant Secretary Arnel de Mesa said yesterday, even as he assured consumers that there will be enough supply of food commodities......»»

Category: newsSource:  philstarRelated NewsMar 22nd, 2024

March inflation may pick up amid high food prices

Inflation likely accelerated for the second straight month in March, mainly driven by high rice prices, prompting the Bangko Sentral ng Pilipinas (BSP) to keep borrowing costs unchanged at its next policy review in April, analysts said......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 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

Gasoline prices to drop for third consecutive week

Oil firms might implement mixed adjustments in pump prices during the third week of May following the two-consecutive weeks of oil price rollback......»»

Category: newsSource:  philstarRelated NewsMay 17th, 2024