News

British Chamber again bats for retail liberalization, ease of business

ABS-CBN News
Posted at May 16 07:17 PM

The British Chamber of Commerce Philippines said it expects the new members of the Senate to tackle business reforms to help the Philippine economy. The British Chamber of Commerce Philippines said it expects the new members of the Senate to tackle business reforms to help the Philippine economy. Read more »

US economy showing signs of strain amid escalating trade war

Heather Scott, Agence France-Presse
Posted at May 16 12:52 AM

The US economy is showing more signs of strain amid President Donald Trump's multi-front trade war, with a sharp slowdown in manufacturing and a pullback by American shoppers.   Read more »

Google, Amazon rivalry heats up in retail, digital ads

Daisuke Wakabayashi and Karen Weise, The New York Times
Posted at May 15 08:08 AM

Google’s latest move into Amazon’s core business is playing out as the retail giant makes gains in what has traditionally been the search company’s home turf: digital advertising. Read more »

Walmart speeds up delivery in race with Amazon

Agence France-Presse
Posted at May 15 03:18 AM

Retail colossus Walmart on Tuesday began offering free next-day deliveries of online purchases, aiming to counter rival Amazon in the race to get orders to consumer doorsteps. Read more »

Bawas-presyo sa mga pangunahing bilihin, inihihirit

ABS-CBN News
Posted at May 08 01:12 AM

Kasunod ng pagbagal ng inflation nitong Abril, humihirit ng rollback sa suggested retail price ang isang grupo ng mga konsyumer. Read more »

DoubleDragon's Sia ventures into grocery business with MerryMart

ABS-CBN News
Posted at Apr 30 11:26 AM

MerryMart is located in Sia's own DoubleDragon Plaza. It will the first of the planned 1,200 branches, Injap Investments Inc said in a statement. Read more »

Amazon first-quarter sales beats estimates

Reuters
Posted at Apr 26 07:33 AM

Amazon.com Inc on Thursday topped first-quarter sales estimates as the world's biggest online retailer benefited from soaring demand for its cloud and advertising businesses and a surge in online shopping. Read more »

Presyo ng manok, bigas, bumaba; gulay, tumaas sa Commonwealth Market

ABS-CBN News
Posted at Apr 25 10:01 AM

Tumaas ang presyo ng ilang gulay, habang bumaba naman ang presyo ng manok at ilang klase ng bigas sa Commonwealth Market ngayong Huwebes.  Read more »

Price cap sa asukal isinusulong ng consumer group

ABS-CBN News
Posted at Apr 23 12:14 AM

Ipinapanukala ng isang consumer group ang pagpataw ng suggested retail price sa asukal. Read more »

3-in-1 na kape, asin, lalagyan na ng SRP: DTI

ABS-CBN News
Updated as of Apr 11 01:08 PM

Isasama na sa listahan ng mga produktong may suggested retail price o SRP ang asin at 3-in-1 coffee, ayon sa Department of Trade and Industry. Read more »

Jeff Bezos keeps Amazon voting power in divorce settlement

Jeffrey Dastin and Arjun Panchadar, Reuters
Posted at Apr 05 06:32 PM

The world's richest couple had announced their impending divorce in a joint Twitter statement in January, causing some to worry that Jeff Bezos could wind up with less Amazon voting power or that he or MacKenzie would liquidate large positions. Read more »

‘To mall or not to mall’: Finding the best place for business

Jessica Fenol, ABS-CBN News
Updated as of Mar 28 05:09 PM

During the Franchise Asia Philippines 2019 International Conference, the Philippine Franchise Association (PFA) engaged mall operators and entrepreneurs in a debate called “To Mall or Not to Mall: Which is Better for my Business.” Read more »

Robinsons Retail 2018 net income rises on bump from tax reform

ABS-CBN News
Posted at Mar 19 10:07 AM

Net income attributable to shareholders rose 2 percent to P5.1 billion. Core net earnings, which excludes interest from bonds, equitized net earnings from Robinsons Bank and non-recurring expenses rose 6 percent to P5 billion. Read more »

Production bottlenecks to hobble Adidas in 2019

Agence France-Presse
Posted at Mar 13 06:15 PM

German sporting goods maker Adidas said Wednesday it booked vaulting profits in 2018, but crimped its expectations for this year as it runs into limits on production capacity. Read more »

Megaworld, Empire East to develop P20-billion township in Cainta

ABS-CBN News
Posted at Mar 11 01:49 PM

Highland City, the 24-hectare property in F. Felix Avenue in Cainta, Rizal, will house the Highland Mall, which has a gross floor area of 58,000 square meters, Megaworld said in a disclosure to the stock exchange.  Read more »

Gap Inc says it will split in 2 companies, close 230 stores

Agence France-Presse
Posted at Mar 01 08:29 AM

Gap Inc on Thursday announced plans to split into two companies and shutter 230 stores in a makeover that showcases its hot "Old Navy" chain and deemphasizes its slumping namesake brand. Read more »

SRP sa bigas, posibleng alisin na

ABS-CBN News
Posted at Feb 27 12:01 AM

Ito'y dahil sa inaasahang pagbaba ng presyo ng bigas sa pagpapatupad ng rice tariffication law. Read more »

PH Treasury Bureau launches retail treasury bond offer anew

ABS-CBN News
Posted at Feb 26 11:55 PM

The Philippine Treasury Bureau launched the fifth retail treasury bond offer under the Duterte administration. Read more »

Costlier canned goods, condiments as DTI OKs price hikes on basic goods

ABS-CBN News
Posted at Feb 23 03:48 PM

MANILA - After a price freeze despite peak inflation during the months leading up to the Christmas season, the Department of Trade and Industry (DTI) has announced price hikes on 56 basic commodities this February.  Read more »

PH to launch retail treasury bonds sale on Feb. 26

Reuters
Posted at Feb 21 06:21 PM

The Philippines plans to issue at least P30 billion ($575.93 million) worth of five-year retail bonds next week to help fund this year's budget and provide individuals investment opportunities. Read more »