Tag Archives: PRA

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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Associations learn from retailers, too

(Source: philstar.com)

(Source: Business Mirror | August 30, 2018) Retailers differ from manufacturing companies in that they do not produce any tangible product. They purchase merchandise from these manufacturers in large quantities for resale to consumers at a profit. The domestic retail industry in the country, represented by the Philippine Retailers Association (PRA), is mature and highly competitive. So, what have retailers ...

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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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PRA joins country’s biggest business organizations for MSME dev’t initiative

PRA Chairman Paul Santos (2nd row, 3rd from left) joins  representatives from other business organizations during the launch of the Pilipinas, Angat Lahat Alliance on August 14 at the Malacanan Palace.

(Source: Go Negosyo PR | August 15, 2018) To bring about inclusive Philippine economic growth and development, 30 business organizations in the country, including the Philippine Retailers Association join hand to form an alliance that advocates for jobs generation and poverty alleviation. The initiative called Pilipinas Angat Lahat Alliance led by Presidential Adviser for Entrepreneurship and ASEAN Business Advisory Council ...

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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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Open up, local governments told

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(Source: Sunstar | April 23, 2018) To ensure that economic gains are felt in the grassroots, local officials were urged to open up their localities to outside investors. National Economic and Development Authority (Neda) Director General Ernesto Pernia said that for provinces to spur economic growth, these shouldn’t hinder outside investors from doing business. Pernia noted that local government units ...

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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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