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PRA heads to Vietnam for retail study mission

Meeting at the Vietnam Ministry of Trade and Industry with Deputy Director- General Mr. Tran Thanh Hai together and PRA Delegation headed by PRA President Ms. Rosemarie Ong, Vice Chairman Mr. Roberto Claudio, Secretary General Ms. Evelyn Balmeo - Salire, Asst. Secretary General Ms. BM Miranda and PRA Member Ms. Glylinis Gaerlan.

The PRA has recently concluded its week-long Retail Study Mission last November 6-10 in Hanoi, Vietnam, to learn best practices and explore new markets for expansion in Vietnam. The Philippine delegation was welcomed by the Association of Vietnam Retailers. Participants visited some of the retail stores in Hanoi including Aeon Mall Long Bien, Vietnamese Appliance brand—Kangaroo, Vietshoes-Phong Chau Group, and Big C Thang ...

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PRA Vice Chairman Formoso appointed WRC Ambassador for Asia Pacific

Photo from: www.moodiedavittreport.com

(Source: Manila Bulletin | October 13, 2018) Philippine Retailers Association and Federation of Asia Pacific Retailers (FAPRA) Vice Chairman Lorenzo C. Formoso was recently appointed as World Retail Congress (WRC) Ambassador for Asia Pacific. Vice Chairman Formoso has previously served as President and Chairman of the PRA, and as Chairman of FAPRA from 2015-2017. As FAPRA Chairman, he presided over ...

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PRA President receives IWEC award

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(September 18, 2018) Newly-elected Philippine Retailers Association (PRA) President and Wilcon SEVP-COO Rosemarie B. Ong was recently honored with the International Women Entrepreneurial Conference (IWEC) award during the 11th IWEC Annual Conference in Shanghai, China. IWEC is a network of successful women business owners and leaders with proven track records in revenue, employee base, trade, innovation and corporate social responsibility. It ...

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Filipinos went on fewer shopping trips during 1st half: Kantar study

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(Source: Business World | September 13, 2018) More than half of Filipinos went on fewer shopping trips to purchase fast-moving consumer goods (FMCG) during the first half of 2018 amid rising consumer prices. This is according to a study on shoppers’ behavior by global research firm Kantar Worldpanel, which said that 53% of Filipinos went on fewer shopping trips from ...

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Global retail experts share latest insights on reinventing retail at the 25th NRCE

Retail and e-commerce futurist and best-selling author Wijnand Jongen during the 25th NRCE.

(August 17, 2018) Over 800 retailers –  CEOs, presidents, top level executives – trooped to the SMX Convention Center for the 25th National Retail Conference and Stores Asia Expo (NRCE)—the biggest and most relevant gathering of retailers in the country—to listen to the latest insights and updates on retail industry from global and local experts last August 9-10, 2018. Globally-recognized ...

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Tips from successful companies on how best to sell your brand

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(Source: Philippine Daily Inquirer | August 3, 2018) The Philippine Retailers Association (PRA) will be holding its 25th National Retail Conference and Stores Asia Expo in SMX this August 9-10. We asked some of the PRA officers to update us on retailing trends. Question: The biggest internet-only retailer in the Philippines claims to have 100 million hits a day. What ...

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Wilcon Depot’s Rosemarie B. Ong is the new PRA President

New PRA board of directors elected for term 2018-2020

July 6, 2018 The PRA recently welcomed a new set of Board Directors for the term 2018-2020 during its 2nd Quarter General Membership meeting & elections held at EDSA Shangri-La Manila, Mandaluyong City. This term’s Board consists of 14 reelected directors and a new addition to the Board in the person of Bench’s Chairman Ben Chan. The 15 newly elected ...

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Consumers turn more optimistic in Q2 2018

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(Source: Philippine Star | June 9, 2018) Filipino consumers turned more optimistic in the second quarter as the confidence index showed improvement, reversing three consecutive quarters of decline on the back of expected higher income as well as family savings and improving peace and order situation, according to a survey conducted by the Bangko Sentral ng Pilipinas (BSP). Redentor Paolo ...

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BIR Updates: BIR retains use of thermal printers for POS machines/terminals

Photo from: Business World

The Bureau of Internal Revenue has recently released Revenue Regulation No. 16-2018 which allows customers who may need proof of payment to claim for expense may return the issued tape receipt to the seller and request for the issuance of a manual invoice or receipt. The seller can then issue manual invoice to replace the previously issued tape receipt. This new amendmended ...

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Associations tackle increasing role in society in Association Summit 5

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(Source: Business Mirror | November 22, 2017) More than 200 professional executives from local and global associations on Tuesday gathered at the Associations Summit 5 (AS5) co-presented by the Philippine Council of Associations and Association Executives (PCAAE) and the Tourism Promotions Board. The two-day conference, which runs until November 23 at the Philippine International Convention Center (PICC), featured 15 plenary ...

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