Hundreds attended the mentorship program for micro small and medium enterprises at the Ayala Malls Feliz in Pasig City today which is aimed at easing poverty by engaging in entrepreneurship.

NEGOSYO 3M

Manufacturing output growth slipped to 50 in January from 51.8 in December because of the combined impacts of typhoon Odette and a surge in COVID19 infections. “Delivery times were also affected by adverse weather conditions and the pandemic with lead times lengthening at the start of the year,” said ISH Markit Philippines.

Production growth slips in January

Because of the work-from-home arrangements of companies during the pandemic—which is still very much around—and the overproduction of office space buildings, vacancy rates will climb this year to 19 percent. But given the improving situation of the virus, the vacancy scenario may be reduced if BPOs and POGOs would resume their office work operations again.

Office vacancy rate would still rise from oversupply

Quezon City Mayor Joy Belmonte along with Acting Secretary Emmanuel Rey R. Caintic, Undersecretary Ernesto V. Perez Officer in charge, of the Anti Red Tape Authority (ARTA) with Underseretary Carlos F. Quita launch the Philippine Business Hub Portal during its relaunching held at Quezon City Hall last June 20, 2022. 

BUSINESS HUB PLATFORM

Hot money or foreign portfolio investments continued to flee the country because of global and local uncertainties. For the local scene, uncertainty brought by the upcoming elections in May and the policies to be adopted by the new administration remains a big risk for the investors.

Investors continue to flee Phl.

Cosmetics maker Revlon Inc  of the United States has filed for bankruptcy, falling victim to global supply chain disruptions, inflation and stiff competition from other leading brands, which had gone aggressively in online selling and brand improvements.

Revlon goes bankrupt after 90 years

Several business groups want the Philippine Ports Authority to rescind its earlier policy on registration and monitoring of containers using a technology solution that cost P877.6 million.

PPA told to stop container monitoring policy

Restaurants worry about shortage of food inputs for their dishes while supermarkets worry about the impact of inflation on their sales. What is prevailing now is a combination of supply chain disruptions and soaring inflation—which we hope would not reach hyper or runaway inflation.

Restaurant food prices double because of supply chain shortages

While the Omicron wave appears to have subsided, election season-related activities run the risk of increasing the case count again, which could in turn hinder further reopening, Nomura said.

Nomura raises PH growth for 2022 to 6.8%

After more than two years of closure, Department of Tourism (DOT) finally decided to open the famous Mahagnao Volcano Natural Park (MVNP) to the public.

Not for business 

PPA told to stop container monitoring policy photo BusinessWorld

Nomura raises PH growth for 2022 to 6.8% photo Reuters

Restaurant food prices double because of supply chain shortages photo BusinessWorld

Revlon goes bankrupt after 90 years Reuters

Office vacancy rate would still rise from oversupply photo Philippine star

Investors continue to flee Phl. photo enterprenuer

Production growth slips in January photo CNN Philippines

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