Agriculture remains one of the hardest-hit sectors since the pandemic struck in March 2020. With usual supply routes cut off due to protocols and mobility restrictions to prevent the transmission of COVID-19, most farmers have experienced difficulty moving produce to various markets around the country, including Metro Manila. San Miguel Corp. (SMC), which last year…
October is also known for another beverage. We have been celebrating Philippine coffee since President Fidel Ramos declared October as coffee month in 1997. In malls, promotional activities include free coffee every day for two to three weeks. The nonprofit Philippine Coffee Board Inc. (PCBI) was established in 2002 by then Agriculture Secretary Cito Lorenzo…
The absence of large foreign institutional funds in the local bourse has opened up attractive opportunities for domestic-based retail investors looking for value. At present, many are taking advantage of and benefitting from this gap in the Philippine stock market. If given a chance to invest in shares of stock that are aligned with your…
At the recently concluded 12th Mansmith Market Masters Conference, we asked three seasoned marketers – Kakam Gabunada, Vice President of Nestle Philippines; John Rubio, Country Director of Facebook; and Steven Tan, President of SM Supermalls in the Philippines and China – about trends that will emerge in 2022 and beyond. Here is a summary of…
The tourism industry is one of the sectors hit hardest by the COVID-19 pandemic, with travel restrictions forcing the closure of hotels and other establishments offering accommodations. But the Hotel Sales and Marketing Association (HSMA) has always been optimistic that tourism will soon bounce back, and Filipino and foreign travelers will once again queue up…
As the sector that enables the vital movement of goods and products from one place to another, logistics has always been an indispensable part of the Philippine economy. However, it has faced a lot of challenges in the past year due to restricted movement of goods, delay in manufacturing and fewer imports, which are direct…
Over a year into the COVID-19 pandemic that sank Asia-Pacific (Apac) into a recession, many economies in the region have weathered what they hope is the worst of the storm. Although most economies are tipped to rebound to prepandemic levels this year —thanks to factors such as the rollout of vaccines, revival of global demand…
DUMAGUETE CITY—Despite the gloom brought about by the prolonged COVID-19 pandemic, investors remained optimistic about Davao region’s path towards development. Local businessmen recently launched , which seeks to showcase the region’s innovations in learning, real estate, tourism, and agri-business, positioning it as an investment partner for industry leaders in and outside the country. During the…
The extent of this pandemic and its harrowing impact might have been underestimated when it first hit the country. Most of us likely thought that it won’t be a big deal and we’ll just continue on with our weekend dinners and vacation plans. At Globe, we made the right decision not to take it lightly—we…
COVID-19 is directly impacting infrastructure services around the world. Demand for existing infrastructure has fallen sharply. Construction of new infrastructure has slowed, if not stalled, everywhere. The COVID-19 crisis is also unique in the suddenness and the severity of its impact on the economy and infrastructure usage. While some infrastructure sectors like health and ICT…