DTI Warns: Buy LPG from Accredited Dealers for Safety
The Department of Trade and Industry advises consumers to purchase LPG from legitimate sources to ensure safety and quality, especially during summer. Check for proper seals and markings.
Category : Corporate News
Shipping Group Calls for Expanded Port Fee Cuts Nationwide
The Philippine Coastwise Shipping Association urges transport authorities to sustain and expand recent port fee reductions, citing critical relief for domestic operators facing global pressures.
Family Business Boardrooms: Personal Interests vs. Stewardship
A revealing examination of how family business boardrooms can falter when directors prioritize personal interests over fiduciary duty, with a case study showing the erosion of governance through tolerated self-serving behavior.
Wendy's Philippines Opens 100th Store with New Blue Design
Wendy's Philippines celebrates a major achievement with its 100th store opening in Angeles City, featuring a refreshed blue store design and a community-focused mural. Executives highlight the brand's growth and commitment to quality for Filipino customer
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DTI Price Freeze on Basic Goods Until May 2026
The Department of Trade and Industry has implemented a price freeze on basic necessities until May 10, 2026, urging consumers to report retailers exceeding SRPs to ensure affordability amid global disruptions.
Bohol Businessman Arrested in Illegal Cigarette Bust
A businessman was apprehended in Anda, Bohol, for selling illegal cigarettes valued at P56,000, violating the Graphic Health Warnings Law, following a police operation.
SM Companies Win Awards in FinanceAsia's Asia's Best Companies 2026
Four SM companies, including SM Investments, SM Retail, SM Prime, and BDO Unibank, have been recognized in FinanceAsia's Asia's Best Companies 2026 poll, receiving eight awards for corporate performance and governance.
ABS-CBN Board Backs Leadership Despite Internal Conflicts
ABS-CBN's board and advisors express confidence in CEO Carlo Katigbak and the company's future as a content provider, despite losing its broadcast franchise in 2020 and ongoing family disputes over governance.
SM Companies Honored in FinanceAsia's 2026 Asia's Best Companies Poll
Four SM-affiliated companies have been recognized in FinanceAsia's prestigious Asia's Best Companies 2026 poll, securing eight awards for corporate performance and governance excellence.
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Palawan Pawnshop Unveils Melai & Jason as Brand Ambassadors
Palawan Pawnshop introduced Melai Cantiveros-Francisco and Jason Francisco as new brand ambassadors during its first VisMin regional media event in Cebu City, emphasizing financial inclusion and shifting perceptions around pawning.
Family Business Board Seats: Inherited Titles Undermine Governance
In family enterprises, board positions are often treated as heirlooms rather than roles requiring competence. This leads to governance failure through tolerated mediocrity, where unqualified directors fail to exercise fiduciary responsibility, challenge m
Cloudstaff Distributes P150M Bonuses to Employees
Business process outsourcing firm Cloudstaff has distributed P150 million in bonuses to employees through its Investors Club program, prioritizing non-management staff. The company links business growth with employee benefits and is preparing for a potent
P700M Perfume Seized in Valenzuela Raid Over Certification Issues
Authorities confiscated around P700 million worth of imported perfumes suspected of lacking proper certification during a warehouse raid in Valenzuela City. The operation targeted facilities linked to alleged illegal importation.
PCC Monitors Fuel Sector for Anti-Competitive Practices
The Philippine Competition Commission is closely monitoring companies in the fuel and related industries to prevent anti-competitive actions amid global pressures, ensuring fair market competition.
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Vivant Foundation Aids 150 Families After Cebu Fire
Vivant Foundation Inc. has distributed essential aid to 150 families affected by a fire in Barangay Ermita, Cebu City, with support from Meridian Power Inc. facilitating firefighting efforts.
P700M in Uncertified Perfumes Seized in Valenzuela Warehouse Raid
Philippine National Police confiscated approximately P700 million worth of imported perfumes lacking proper certification during a coordinated warehouse raid in Valenzuela City. Authorities suspect illegal importation activities and are investigating pote
DTI Price Freeze on Essentials Until April 30, 2026
DTI Secretary Cristina Roque announces no price hikes for basic goods until April 30, 2026, following inspections and industry agreements to ensure stable supply and affordability for Filipino consumers.
P5M Illegal Foam Seized in Pampanga Raid, Two Arrested
Authorities seized over P5 million worth of illegal foam and mattresses in a Minalin, Pampanga warehouse raid, arresting two suspects for violating consumer protection laws.
Shion Canen on Leadership and Womanhood in Business
In an exclusive interview on Beyond the Headlines: Extra Edition, Shion Canen, Assistant Vice President at Converge Global Business, discusses her journey as a leader and woman in the industry, offering valuable insights on life and impact.
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Unifed Opposes Real Property Tax Hike in Negros Occidental
The United Sugar Producers Federation strongly opposes a proposed real property tax increase in Negros Occidental, citing economic instability and rising fuel costs as burdens on constituents.
DTI-Davao Warns of Price Hikes After April 16 Freeze Ends
The Department of Trade and Industry in Davao Region anticipates price increases for some basic commodities after April 16, 2026, when manufacturers' 30-day price freeze commitment concludes. Rising logistics costs are cited as the primary driver.
Davao Consumer Movement Condemns Nordeco Office Abandonment
The Davao Consumer Movement strongly criticizes the Northern Davao Electric Cooperative for vacating its main office without turning over vital assets after a court-ordered transition to Davao Light, calling it a betrayal of consumer interests.
8 Bicol Bus Franchises at Risk Over Illegal Fare Hikes
The LTFRB warns eight bus companies operating to Bicol Region of franchise suspension or cancellation due to illegal fare increases during Holy Week, amid high passenger demand and rising fuel prices.
Business Groups Support Gov't Oil Strategy in Middle East Crisis
Major Philippine business organizations endorse government efforts to secure alternative oil supplies as Middle East tensions threaten economic stability and consumer welfare.
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Overpriced LPG Tanks Can Be Reported to Police, Barangay
The LPG Marketers Association warns consumers can report retailers selling 11-kg tanks above P1,500 in Luzon and P1,600 in Visayas/Mindanao to authorities, as prices may rise due to shipping costs.
LTFRB Summons 8 Bus Firms for Illegal Fare Hikes
The Land Transportation Franchising and Regulatory Board has issued show cause orders to eight bus companies for implementing unauthorized fare increases, citing high oil prices. They face potential suspension or cancellation of their operating certificat
DTI Secures Price Freeze on Essentials Until April 17
The Department of Trade and Industry has negotiated a price freeze on 196 essential items, including canned sardines and coffee, until April 17, 2026, to protect consumers from rising costs due to Middle East trade disruptions.
DTI: Supply, Prices Stable Amid Energy Emergency
The DTI clarifies that no nationwide price freeze is in effect under EO 110, but assures stable BNPC supply and prices through voluntary industry pledges and vigilant monitoring.
DTI Secures Price Hike Delay for Essentials Until April 17
The Department of Trade and Industry has secured a voluntary commitment from major manufacturers and retailers to delay price increases for basic necessities and prime commodities until April 17, 2026, aiming to shield consumers from inflationary pressure
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PHP1.9M Counterfeit Goods Seized in Bulacan Raid
Authorities arrested five individuals and confiscated nearly PHP1.9 million worth of counterfeit cigarettes and smuggled consumer goods during a joint enforcement operation in Plaridel, Bulacan. The suspects face multiple charges for violating tax and con
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