Wednesday, July 8, 2020
By: Inquirer.com A fundraising initiative led by top business groups, the Philippine Disaster Resilience Foundation (PDRF) and Caritas Manila has pooled P1.62 billion in cash and in-kind donations for poor households in Metro Manila in the wake of the month-long...
Alliance Global Group, Inc. (AGI), the holding firm of tycoon Dr. Andrew L. Tan, is donating one-million liters of 70% disinfectant ethyl alcohol to help strengthen government’s efforts in fighting the spread of COVID-19. Around 850,000 liters of 96-percent ethyl...
By: Manila Bulletin Supermarkets, pharmacies, and other retail establishments selling basic necessities can now operate up to a maximum of 12 hours, government authorities announced. In a virtual presser, Cabinet Secretary Karlo Nograles said establishments catering to the basic needs of...
By: Inquirer.net The country’s consumer and retail industry is expected to be one of the hardest hit sectors caused by the month-long enhanced community quarantine (ECQ) in Luzon, industry intelligence company Fitch Solutions said. According to their research note, spending for...
By: CNN Philippines Tobys Sports donated snorkel masks to groups producing protective gears for frontliners and patients affected by COVID-19. The sports retailer provided 100 sets of snorkel masks to a group composed of medical professionals, manufacturers, and engineers. Another set of...
By: Business Mirror Cebu-based Metro Retail Stores Group Inc. reported that its income last year fell by a fifth to P776 million, from the previous year’s P965.37 million, mainly as a result of the Philippine Financial Reporting Standard 16, which...
By: Business World LVMH said revenue for the last quarter dropped 10% to 20%, compared with the same period last year, as its luxury brands temporarily closed stores and shoppers tightened their wallets due to the coronavirus pandemic. The French luxury-goods...
By: Retail in Asia Hemorrhaging customers as the coronavirus pandemic keeps shoppers at home, the department store industry in Korea has set social distancing guidelines aside as companies launch aggressive marketing strategies to attract consumers to enjoy hands-on activities at...
By: Philstar The Duterte administration’s economic team announced Monday night a much-awaited spending plan amounting to P27.1 billion to arrest the spread of the new coronavirus and provide economic relief to sectors hammered by the pandemic. This fiscal support package crafted...
Top mall conglomerates in the country including SM Supermalls, Ayala, Robinsons and Megaworld Lifestyle Malls are waiving mall rental fees throughout the duration of the Enhanced Community Quarantine last March 16 and expected to end April 14, 2020, as...
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