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Clothes, shoes retailers among hardest hit by lockdown

ABS-CBN News
Updated as of Aug 09 01:58 PM

Non-essential retailers such as shoes and apparel brands are among the hardest hit by the new 2-week Metro Manila lockdown, the Philippine Retailers Association said Monday. Read more »

Businesses less optimistic in 2nd quarter, BSP survey shows

Warren De Guzman, ABS-CBN News
Updated as of Jul 02 09:52 PM

Businesses are a little bit more pessimistic in the second quarter, when a spike in COVID-19 cases forced a return to tighter quarantine conditions, the Business Expectations Survey released Friday showed. Read more »

‘Better days ahead’: Apple profit doubles in quarter to $23.6 billion

Agence France-Presse
Posted at Apr 29 05:46 AM

The California giant said revenue was the best ever for its fiscal second quarter, up 54 percent to $89.6 billion.   Read more »

Meralco says power interruption in NCR, provinces caused by power plant tripping

ABS-CBN News
Posted at Mar 29 08:39 PM

The Manila Electric Co. (Meralco) on Monday said the Dinginin Power Plant in Bataan tripped, causing power interruptions in parts of the National Capital Region and nearby provinces. Read more »

Walang aprubadong dagdag-presyo sa delata, basic goods: DTI

ABS-CBN News
Posted at Mar 26 07:50 PM

Wala pang naaaprubahang dagdag-presyo sa mga karneng delata at basic goods ang Department of Trade and Industry.   Read more »

Starbucks sales miss as virus spike keeps customers at home

Nivedita Balu and Hilary Russ, Reuters
Posted at Jan 27 11:25 AM

Starbucks Corp on Tuesday reported a larger-than-expected fall in quarterly sales as the renewed surge in coronavirus cases in the United States kept customers at home. Read more »

House OKs extension of electricity 'lifeline rate' for poor households

RG Cruz, ABS-CBN News
Posted at Jan 19 09:55 PM

Voting 212-0-0, the House of Representatives has approved on third and final reading House Bill 8145 which extends the implementation of the lifeline rate, amending section 73 of Republic Act 9136 or the Electric Power Industry Reform Act of 2001. Read more »

Pagkakasya ng budget sa harap ng mga taas-presyo, problema para sa ilang mamimili

ABS-CBN News
Posted at Jan 16 08:18 PM

Hirap din ang ilang consumer kung ano ang bibilhin dahil sabay-sabay na nagtaasan ang presyo ng mga bilihin.    Read more »

DA, uumpisahan nang mamahagi ng mga baboy para maparami ang suplay

April Rafales, ABS-CBN News
Posted at Jan 14 07:58 PM

Tutugunan ng Department of Agriculture ang kakulangan sa supply ng baboy sa pamamagitan ng pamimigay ng mga baboy na palalakihin at pararamihin sa mga lugar na walang African swine fever. Read more »

Some QC vendors struggle with price freeze; DA insists strict compliance

Bianca Dava, ABS-CBN News
Posted at Nov 20 07:48 PM

Prices of certain items increased despite the Department of Agriculture freezing prices on selected basic goods and commodities following the declaration. Read more »

LOOK: Noche Buena products suggested retail prices

ABS-CBN News
Posted at Nov 10 01:06 PM

The Department of Trade and Industry (DTI) on Tuesday said all manufacturers have agreed to maintain 2019 suggested retail prices (SRP) on noche buena products on or before Dec. 15. Read more »

Consumer companies pitch discounts, bargain products as economic malaise looms

Siddharth Cavale and Martinne Geller, Reuters
Posted at Oct 28 03:22 AM

Nestle told Reuters earlier this month that it has recently launched single-use sachets of Maggi seasonings in Indonesia and smaller sachets and cooking sauces in the Philippines. Read more »

Firms told: 'Build robust online presence' to thrive in future economy

Jessica Fenol, ABS-CBN News
Posted at Oct 07 08:43 AM

The coronavirus pandemic fast-tracked the growth of the digital economy in Southeast Asia by at least 5 years, a Facebook Philippines official said, as he encouraged firms to understand consumer behavior in the changing e-commerce environment.   Read more »

Meralco's pro-rated bill causes confusion among some customers

ABS-CBN News
Posted at Sep 01 10:23 PM

Philippine power utility firm, Meralco, issues a new bill, explaining the pro-rated adjustment for the accrued bills since the lockdown. The adjusted billing, however, still caused confusion among many customers. Read more »

Ilang Meralco consumers gustong pahabain ang deadline sa natenggang bill

ABS-CBN News
Posted at Aug 25 05:27 PM

MAYNILA - Nais pa ng ilang Meralco customers ng dagdag-palugit para sa mga natenggang bayarin ng kuryente.    Read more »

China's domestic spending slows as economy recovers from virus outbreak

Agence France-Presse
Updated as of Aug 14 11:11 AM

China's retail sales dropped in July, official data showed Friday, indicating that sluggish consumer spending could hold up the country's recovery from the coronavirus outbreak.   Read more »

Filipinos among most anxious in Asia about health, finances during pandemic: Kantar

ABS-CBN News
Posted at Jun 25 10:40 PM

With the unique combination of a strict lockdown, which is the longest in the world, and lower spending power, the typical Filipino buyer is the most challenged in Southeast Asia, said Kantar.  Read more »

Meralco starts issuing bills indicating staggered payment scheme for lockdown consumption

ABS-CBN News
Updated as of Jun 06 09:42 AM

Power utility giant Meralco started issuing bills that reflect the staggered payment scheme for electricity consumed during the lockdown period. Read more »

Maynilad, Manila Water to divide consumers' bills accrued during lockdown

ABS-CBN News
Posted at Jun 02 10:50 PM

Some residents in Metro Manila expressed concern over a potential spike in water bills as water concessionaires resume reading water meters for the first time since March. Read more »

ERC hinilingan na magpatupad ng SAP para sa electricity consumers

Arra Perez, ABS-CBN News
Posted at May 30 12:05 AM

Naghain ng petition sa Energy Regulatory Commission ang grupong Bayan at ilang manggagawa upang hilinging magpatupad ng Social Amelioration Program para sa electricity consumers ng Meralco na apektado sa enhanced community quarantine sa Luzon. Read more »