Business

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by Rey Gamboa – The Philippine Star, 2 Sep 2021 The business mood has now become so dire, with the economy dragging its feet through another period of tight quarantines. The scant optimism felt during the second quarter of the year as the government announced the end of the recession with double-digit growth figures has…

by Lawrence Agcaoili (The Philippine Star), 5 Jul 2021 MANILA, Philippines — More companies are planning to expand their operations and hire more workers as the economy continues to reopen and recover from the pandemic-induced recession, according to the Bangko Sentral ng Pilipinas (BSP).

Dine-in restaurants, personal care services, events places By: Roy Stephen C. Canivel, Philippine Daily Inquirer, 2 Jun 2021 The Department of Trade and Industry (DTI) has increased the allowable capacity for dine-in services, personal care businesses and others, although data showed that the pandemic was still far from being under control.

by Louella Desiderio (The Philippine Star), 29 May 2021 MANILA, Philippines — The number of businesses that stopped operations has declined to eight percent as the government eased quarantine restrictions, the Department of Trade and Industry (DTI) said.

by Lawrence Agcaoili (The Philippine Star), 16 May 2021 MANILA, Philippines — The credit card unit of Yuchengco-led Rizal Commercial Banking Corp. (RCBC) said consumers are shifting to more essential spending through e-commerce platforms due to the impact of the pandemic.

by Patricia B. Mirasol, BusinessWorld, 5 May 2021 Twenty Filipino companies made it to the 2021 Financial Times ranking of the top 500 high-growth companies in the Asia-Pacific region.

by Louella Desiderio (The Philippine Star), 26 Apr 2021 MANILA, Philippines — The country’s largest business organization wants government to consider waiving the renewal of existing permits and licenses, providing wage subsidies, and improving the vaccine rollout to start recovery and enable job creation.

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Data collated by the Asian Development Bank show COVID-19 accelerated digitalization and e-commerce, but that acceleration was uneven. The pandemic did more to reverse gains in MSME growth and poverty reduction. Look for the Philippines in the chart on online purchases. pic.twitter.com/sOobnwoiuY — Warren de Guzman (@wddeguzman) January 13, 2021

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by Jeymi Reyes, Philippine Daily Inquirer, 1 Nov 2020 Consumer spending habits have no doubt changed since quarantine started back in March. The limited movement of goods brought about by the stay-at-home order to stem the spread of COVID-19 prompted consumers to spend mostly on necessities during the early days of quarantine. Now, more than…

by Lawrence Agcaoili (The Philippine Star), 28 Oct 2020 MANILA, Philippines — The shift by businesses in the Philippines to digital transactions may be permanent as the country continued to impose varying degrees of containment measures to limit the spread of COVID-19, according to a survey conducted by the Economist Intelligence Unit (EIU).

by Louella Desiderio (The Philippine Star), 3 Oct 2020 MANILA, Philippines — Businesses in the service sector and wholesale and retail trade can now operate at full capacity, while restaurants and fast food outlets may seat beyond 50 percent capacity in general community quarantine (GCQ) areas, the Department of Trade and Industry (DTI) said yesterday.

by Mary Grace Padin (The Philippine Star), 13 Aug 2020 MANILA, Philippines — Some industries have experienced a pickup in business activities following the slight easing of movement restrictions in Metro Manila and other urban centers in June, according to the Department of Finance (DOF).

Kantar, the world’s leading data, insights, and consulting group, reveals that local noodle brand, Lucky Me, remains the top most chosen brand in the Philippines for the fifth consecutive year. pic.twitter.com/AloXSR3oS2 — Tina Arceo-Dumlao (@tinaarceodumlao) July 8, 2020