Tag Archives: PRA

Lim bucks gov’t plan to further open up domestic retail trade

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(Source: Manila Bulletin | October 30, 2017) Local retailers have slammed the government’s move to further liberalize domestic retailing saying it is a desperate move to window dress their poor performance in luring foreign direct investments by bringing in small foreign retailers and kill Filipino SMEs. Samie Lim, father of the franchising industry here and abroad and also one of ...

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Retail liberalization to hurt MSMEs

(Source: DTI website)

(Source: Inquirer.net | October 4, 2017) The move to liberalize retail trade in favor of foreign investors would harm local micro, small- and medium-sized enterprises (MSMEs), reversing “the gains of the past years” at a time when the government promised to put MSMEs at the forefront of development, an industry group said. The Philippine Retailers Association (PRA), which considers itself ...

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The Philippines’ slow internet speeds hampering online retail growth

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(Source:  Inside Retail Philippines | August 16, 2017) The Philippines’ slow internet speeds are restricting growth in the online shopping sector, according to Philippine Retail Association president Paul Santos. Despite the country having a mobile penetration rate of 170 per cent, online is accounting for a mere 1 to 2 per cent of Philippine retail sales. Rustans Supercenters CEO Irwin Lee ...

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Philippine retail industry gears up for the future

(Source: Rappler)

(Source: Rappler | August 14, 2017) Get off a bus stop anywhere in the metro and you’re likely to be near a mall. Indeed so ubiquitous are malls in the country that the top 3 business groups here – SM, the Ayala Group, and JG Summit – have all built their empires on the back of their retail behemoths – ...

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PRA President highlights importance of going global

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Philippine Retailers Association (PRA) President Atty. Paul A. Santos highlighted the importance of the local retail industry in going global during the 2017 1st Quarter General Members’ Meeting (GMM) on March 16, 2017 in Marco Polo Hotel, Pasig City. He shared how the PRA is working for its members for more opportunities to have exposure abroad. Early this year, the ...

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PCAAE names Association Board Member of the Year

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(Source: Businessworld | 23-24 December 2016) The Philippine Council of Associations and Association Executives (PCAAE), the “association of associations” in the country, recognized Ma. Alegria “Bing” Sibal-Limjoco, currently the vice-chair of the Philippine Retailers Association (PRA) as 2016 PCAAE “Association Board Member of the Year” awardee during its gala dinner and awards night at the PICC recently. The award is ...

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Security focus in PRA Seminar

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(Source: Inside Retail Philippines | 14 September 2016) Security and safety will be the focus of a half-day seminar organised by the PRA in late September. The event will be facilitated by (Ret) Col Felipe H Buena Jr, senior assistant VP for customer relations service of SM Retail. It is one of the Philippine Retailers Association’s Retail Excellence Seminar Series ...

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Retail giants, industry players gather for 23rd NRCE

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The Philippine Retailers Association (PRA) recently organized the biggest and longest running retail industry event in the Philippines at the SMX Convention Center Manila. The National Retail Conference and Stores Asia Expo (NRCE) was a two-day event that was attended by thousands of retail delegates, retail owners, CEOs, top level executives, exhibitors, VIPs and industry stakeholders all over the country. ...

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DTI holds seminar to boost retailers’ profitability

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(Source: Sun Star Cagayan De Oro | 24 July 2016) The Department of Trade and Industry-Northern Mindanao, in cooperation with the Philippine Retailers’ Association, held its Roadshow Seminar dubbed “Modern Approaches in Managing Your Store Towards Profitability” at the Limketkai Luxe Hotel KAVE cafe on July 22, 2016. The seminar aimed to provide guidelines for local retailers of every region to ...

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PHL’s Formoso new chairman of Asia-Pacific retail organization

In Photo: Turkish Council of Shopping Centers and Retailers Chairman Mehmet T. Nane (left), CEO of CarrefourSa, outgoing chairman of the Federation of Asia Pacific Retailers Associations (Fapra), formally turned over the Fapra chairmanship to Philippine Retailers Association PRA President Lorenzo “Enchong” C. Formoso (right), COO of Duty Free Philippines, during elaborate rites at the recently concluded Asia Pacific Retailers Convention and Exhibition 2015—the biggest and most important retail industry event in Asia Pacific—which Manila hosted late last year. The Fapra is composed of the acknowledged national retailers group in 18 member-economies—Australia, China, Chinese Taipei, Fiji, Hong Kong, India, Indonesia, Japan, Korea, Malaysia, Mongolia, Myanmar, New Zealand, the Philippines, Singapore, Thailand, Turkey and Vietnam. Formoso will be the federation’s steward for the next two years.

(Source: Business Mirror | February 2, 2016) The Philippines now takes the leadership role in charting the development direction of the Federation of Asia Pacific Retailers Associations (FAPRA) in the next two years with the recent assumption of the Philippine Retailers Association (PRA) President Lorenzo C. Formoso as chairman of the FAPRA. Formoso, COO of Duty Free Philippines, has assumed the ...

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