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Puregold Price Club’s net profit falls by 6.6% to P1.66B in 1st half of 2014

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INQUIRER FILE PHOTO

Local retailing giant Puregold Price Club Inc. posted a 6.6-percent decline in first-semester net profit to P1.66 billion due to some non-recurring items that boosted earnings in 2013.

Posted: August 14th, 2014 in Latest Business Stories | Read More »

Lucky Me dislodges Nescafé, now top PH brand

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table1

The insatiable desire of time-starved Filipino consumers for greater convenience combined with effective marketing and communication campaigns helped catapult Lucky Me of Monde Nissin Corp. to the top of the list of fast moving consumer goods brands (FMCG) in the Philippines.

Posted: August 8th, 2014 in Headlines,Inquirer Features | Read More »

DTI reminds stores: Price freeze still in effect in calamity areas

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sari-sari-store

The Department of Trade and Industry has reminded stores within areas declared to be in a state of calamity to observe the price freeze, after it found one store in Muntinlupa City violating the provisions in the Price Act.

Posted: July 28th, 2014 in Latest Business Stories | Read More »

Convenience stores reminded to follow price freeze in calamity areas

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7-eleven

The Department of Trade and Industry has reminded convenience stores to observe the price freeze being implemented in areas placed under a state of calamity as they are not exempt from the mandate of the Price Act.

Posted: July 23rd, 2014 in Latest Business Stories | Read More »

64 supermarkets, wet market stalls ordered to explain high prices

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The Department of Trade and Industry has stepped up its monitoring efforts amid speculations that prices of basic necessities and prime commodities have spiked as a result of the continued congestion at the port of Manila. INQUIRER FILE PHOTO

The Department of Trade and Industry has issued “show cause orders” to 64 supermarkets and wet market stalls in Metro Manila for selling basic goods and prime commodities at prices higher than the approved suggested retail prices (SRPs).

Posted: July 15th, 2014 in Latest Business Stories | Read More »

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