Archive for the ‘Consumers’ Category
Gardenia increased price of loaf bread by P1
Gardenia increased by P1 the price of its loaf bread on Monday. Gardenia Bakeries Philippines Inc. raised its price despite the directive of the Philippine Association of Supermarkets (PASI). PASI head Atty. Federico Ples said their members were advised not to increase bread prices without the approval of the Department of Trade and Industry (DTI). [...]
June 27, 2011
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Tags: basic commodities, business news, Consumers, DTI, economy, Philippines, price increase · Posted in: Announcement, Business News, Consumers, economy, Philippine business news, Philippines, Pricing, Products
PhilHealth to cover 5.2 M indigents by July
Philippine Health Insurance Corporation (PhilHealth) president and Chief Executive Officer Rey B. Aquino assured on Tuesday that 5.2 million Filipinos who belong to the poorest segment of the population will be added to those covered by its health insurance program by the end of June. The Philhealth chief said this is in line with President [...]
June 21, 2011
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Tags: Government, health coverage, indigent, insurance, Philhealth, Philippines, public service · Posted in: Announcement, Consumers, economy, finance, Government, Health, Medicine, money, Philippine business news, Philippines
SSS receives international recognition for text-based services
The Social Security System (SSS) was picked by Computerworld, a global media hub based in the United States, as recipient of its 2011 Honors Laureate distinction. The SSS was awarded the international recognition for “visionary applications of information technology” which allow members to access their contribution and loan records through the use of mobile phones. [...]
June 19, 2011
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Tags: business news, Computerworld, mobile phone service facility, pension fund, Philippines, social security system, SSS, text-based services · Posted in: Announcement, Business News, Consumers, Customer Service, Government, money, Philippine business news, Philippines
GSIS suspends processing of housing loan applications
The Government Service Insurance System (GSIS) suspended its housing loan program, but GSIS president and general manager Robert Vergara said that it is not because of the agency’s financial status but to focus on other types of loans it can offer to members. Vergara said agencies like the Home Development Mutual Fund (HDMF) or Pag-IBIG [...]
May 28, 2011
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Tags: Government, GSIS, HDMF, home mortgage, Housing loan, housing program, Loans · Posted in: Announcement, Consumers, economy, Government, Housing, Philippine business news, Philippines, Poverty
Oil companies rolled back oil prices
Following the lead of independent oil players, big companies Petron and Shell rolled back fuel prices on Sunday. Unioil, Seaoil and Total had rollbacks on fuel prices implemented on Saturday. Petron and Shell both cut their diesel and kerosene prices by P2 per liter, their premium gasoline by P1.75 per liter, and their regular gasoline [...]
May 14, 2011
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Tags: business news, finance, global fuel prices, oil price rollback, Petron, Philippines, Seaoil, Shell, Total, UniOil · Posted in: Announcement, Consumers, Corporations, economy, finance, money, Philippine business news, Philippines, Pricing
Toyota’s car production to return to normal level soon
Toyota operations will return to normal soon. Disrupted by parts shortages after the Japan’s March 11 earthquake and tsunami, Toyota’s global car production will likely to return to normal two to three months earlier than expected. A daily business newspaper in Japan said the company will return to operations as parts shortages are easing. Shiori [...]
May 13, 2011
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Tags: assembly line, automobile, car, car production, earthquake, Japan, Toyota, tsunami, twin disaster, vehicle · Posted in: Announcement, Consumers, Corporations, Customer Service, Products, Transportation
Globe to give away free loads
Globe Telecom will give away free loads to their prepaid subscribers in areas affected during the network interruption last Monday. Globe and Touch Mobile subscribers experienced difficulty or inability to send text messages, make calls, or surf the net starting 1 p.m. last Monday, May 9. The reason for the disruption was because Globe’s sub-sea [...]
May 12, 2011
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Tags: communications, Customer Service, free loads, Globe, load credits, mobile telephone, network interruptions, SMS, tropical storm Bebeng · Posted in: Announcement, communications, Consumers, Corporations, Customer Service, marketing, money, Philippine business news, Philippines
Additional daily allowance instead of wage increase
Instead of a wage increase, Metro Manila employees will get an additional P22 a day as “emergency” cost of living allowance (COLA). The Department of Labor and Employment (DOLE) said the increase was approved by the Regional Tripartite Wages and Productivity Board-NCR (RPTWPB-NCR) following discussions with employers and workers’ union. This would bring the total [...]
May 9, 2011
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Tags: business news, COLA, cost of living allowance, employees, finance, labor department, money, Philippines, salary increase, wage increase, Wage Order No. 16 · Posted in: Announcement, Consumers, economy, finance, Government, money, Philippine business news, Philippines, Poverty
Flying V adjusts diesel and gasoline prices
Independent oil player Flying V announced on Friday that it will implement another round of price adjustments for its diesel and gasoline products which took effect on 12:01 a.m. of Saturday. Flying V said it will cut the price of diesel by P0.50 per liter, while gasoline price will rise by P0.50 per liter. The [...]
May 7, 2011
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Tags: business news, diesel prices, Flying V, oil prices, Philippines, price adjustment, rollback · Posted in: Announcement, Consumers, Customer Service, finance, Philippine business news, Philippines
New CDC head wants theme park inside Clark
Former Clark Development Corporation (CDC) chief Benigno Ricafort formally turned over stewardship of the Clark Freeport Zone to new CDC head Felipe Antonio Remollo who officially assumed the post last Monday. A member of the Liberal Party, Remollo had been mayor of Dumaguete City in Negros Oriental from 1998 to 2001. He resigned recently from [...]
May 4, 2011
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