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Marcos to diplomats: Economy has recovered from pandemic
The Philippines has recovered from the impact of the COVID-19 pandemic and external conflicts, President Marcos said yesterday, as he called on members of the diplomatic community to work together to achieve peace and prosperity......»»
Prescriptions for ADHD drugs surged among young adults and women during the pandemic
Prescription rates for ADHD medications have skyrocketed during the coronavirus pandemic, causing a shortage of medications like Adderall in the U.S. A study published in.....»»
Philippines GDP expands by 5.7 pct in Q1
MANILA, May 9 (Xinhua) -- The Philippines' gross domestic product (GDP) expanded 5.7 percent year-on-year in the first quarter of 2024, the Philippine Statistics Authority (PSA) said Thursday. The latest figure is higher than the 5.5 percent growth in the fourth quarter of 2023, but lower than the 6.4 percent expansion posted in the first quarter of 2023. PSA head Dennis Mapa told a press conference that.....»»
Malaysian Chamber eyes Davao’s logistics hub potential
THE Malaysia Chamber of Commerce and Industries Philippines, Inc. (MCCI) foresees strong business confidence for investing in Davao City, positioning it as a potential world-class logistics hub competing with leading regions in Southeast Asia such as Singapore, Macau, and Kuala Lumpur in Malaysia......»»
Vehicle sales up by 13% in Q1
Sales of motor vehicles in the country rose by 12.7 percent in the first quarter from a year ago, supported by strong consumer demand and improved supply......»»
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......»»
Benjie Paras co-hosts business-oriented show
From the basketball world to the acting scene, Benjie Paras is venturing into another field, co-hosting the business-oriented show “Negosyo Goals,” now in its third season......»»
Deficit-to-GDP ratio softens to 4.5 percent in Q1
The budget deficit’s share to the overall economy softened in the first quarter and is still closing into its pre-pandemic level as the government moves to consolidate its finances......»»
Hunger highest since 2021 – SWS poll
More Filipinos experienced involuntary hunger in the first quarter of the year, the highest since 2021 during the COVID-19 pandemic, a recent Social Weather Stations surveyshowed......»»
Sydney Airport sees passenger traffic closer to pre-pandemic levels
SYDNEY, April 22 (Xinhua) -- Australia's Sydney Airport has seen a total of 10.3 million passengers pass through its terminals in the first quarter of this year, marking a 14.4-percent jump from the same period in 2023 and a 93.7 percent recovery compared to Q1 2019. As per a quarterly report on traffic and operational performance released on Monday, the airport's international terminal served 4.16 million passe.....»»
BSP steps up consumer protection program
The Bangko Sentral ng Pilipinas is adopting a framework which will assess any business conduct or practices that may cause harm to financial consumers......»»
Partnering with Social Media Personalities for Your Small Business is a Must
As Tiktok and Facebook and Instagram Reels continue to send shockwaves across the social media world, influencers now wield more significant power than ever. This also makes the perfect time and era to partner with them to shape consumer behavior in your favor and drive brand engagement. While it’s often perceived that only large corporations […].....»»
Loyalty Programs are a Must for Your Business
Customer loyalty is one of the cornerstones of any successful business. Acquiring new customers is a costly and tiring endeavor, even for the most enthusiastic of business owners. This makes it far more effective to nurture the relationships you already have. Here come loyalty programs, which are powerful tools that incentivize repeat business and foster […].....»»
Unlock business success at Franchise Asia Philippines Expo
The Franchise Asia Philippines Expo 2024 is set to hold a series of dynamic seminars designed to empower entrepreneurs, investors and business enthusiasts with the knowledge and tools needed to thrive in the ever-evolving world of franchising. Slated from April 12 to 14 at the SMX Convention Center Manila, these seminars offer invaluable insights into key aspects of franchising and business growth......»»
Reflecting on Your Business Setbacks
Challenges are an inevitable part of any endeavor, especially a business one. From unforeseen economic shifts to internal operational hurdles, every business owner will inevitably face obstacles that test their resolve. As we live in a fast-paced world, we sometimes forget about looking back, and what better time to do it than the Holy Week? […].....»»
TikTok Shop Launches TikTok Shop Business School to Help Digitize Filipino Entrepreneurs
TikTok Shop launched TikTok Shop Business School, a comprehensive one-day program for Filipino entrepreneurs that aims to equip them with the skills to grow their businesses in the digital sphere. The full-day program, which 50 TikTok Shop entrepreneurs attended, was comprised of master classes on Corporate Strategy and Business Model with Kim Lato, Founder and […].....»»
Davao Media-Citizen Council elects officers
DAVAO CITY (MindaNews / 24 March) – The Davao Media-Citizen Council (DMCC) on Saturday elected its officers from representatives of various fields — media, business, law and academe. MindaNews’ Special Reports Editor Carolyn O. Arguillas was elected chair while Antonio Peralta representing the business sector was elected vice chair. Peralta chairs the Southern Mindanao Business […].....»»
Studying Your Business Rivals to Stay on Top
Who ever said you can’t be a small business owner and a spy at the same time? As you ramp up your business operations to have a larger piece of the pie or your share in the industry you’re in, you must have a keen understanding of your competitors, dissecting their strategies, strengths, and weaknesses […].....»»
7 Tips for Expanding a Home-Based Retail Family Business
If you’ve always dreamed of running your own home-based retail family business in the Philippines, one of the most rewarding milestones you’ll ever clear is your first shot at expansion. When you get to the next level, your business will be able to continue fulfilling its special role as a vehicle for your family’s financial […].....»»
The Risks of Opening a Business in 2024
In a world where economic volatility always reigns supreme, the allure of entrepreneurship has never been more enticing–or more fraught with risk. As aspiring business owners eagerly plan to open their business in 2024, they must confront a harsh reality: the path to success is paved with pitfalls that could shatter even the most ambitious […].....»»