Protect and grow your money in times of crisis (Part Two)

Financial coach Chinkee Tan shares expert advice on better money management to invest safely. Once you have your finances in order, you can grow your money further by learning how to invest it. Investing gives you a source of passive income and can provide long-term financial security. However, you should never invest in something you know nothing about. The Department …

CLI, French hotel giant to bring int’l hospitality brand to Cebu

Cebu Landmasters announced its partnership with French hotel giant Accor to bring the Mercure hotel brand to Cebu. To be operated by the France-based hospitality chain, Mercure Cebu Downtown is set to open in 2024 at the soon-to-be redeveloped Patria de Cebu in the downtown area. CLI announced the groundbreaking of the new mixed-use development offering 21,000 square meters of …

PH still ideal investment destination for Chinese biz

The Philippines remains an ideal investment destination as investors and businesses continue to look at the country to grow their businesses despite the pandemic. Department of Trade and Industry Undersecretary and Board of Investments Managing Head Ceferino Rodolfo made this statement before the members and officers of the Chinese Enterprises Philippines Association during a briefing with the group on the …

Canada to spend big to ‘punch way out of Covid recession’

Canada announced 81 billion dollars in spending to help its battered economy recover from the pandemic and set a greener course with a new climate target. The finance minister said, “We must punch our way out of the Covid recession. That means ensuring lost jobs are recovered as swiftly as possible, and hard-hit businesses rebound quickly.” Funds are earmarked to …

Asia Pacific seen to lead revival of jeans industry

Emerging markets in the Asia Pacific will significantly contribute to the apparel market’s comeback, according to a leading data and analytics company in the UK. GlobalData said AsPac emerging markets are set to play a crucial role in the revival of the global jeans market. The global jeans market grew at an annual rate of 0.5 percent between 2014 and …

How Philippine businesses plan to improve operations post-pandemic

Large and small-to-medium enterprises in the Philippines are seeking to improve their customer services and digitalization for success in the post-pandemic economy, according to a recent study. Titled “Digital, resilient, and experience-driven: How enterprises in Southeast Asia can prepare for the new economy,” the regional study revealed the main strategies of enterprises to prepare for post-pandemic days ahead. Conducted by …

Winners and losers in the shift online

Online grocery stores will retain their momentum over other categories of goods until at least 2023, when non-food retailing will start to accelerate again, according to the Economist Intelligence Unit. To address the continued boom, online marketplaces and multi-brand retailers need to explore ways to widen their seller networks after the pandemic. It said, “The popularity of online shopping, wider …

Manage your money: Reward yourself but have a limit

Reward yourself but have a limit. This is very basic as these times have shown that it is but wise to be frugal, even though there are countless exciting sales in malls and online shopping extravaganzas. TikTok creator and account manager for an online shopping platform Ady Cotoco admitted to being heavy on rewarding himself especially after a long day’s …

From food delivery to q-commerce

Quick commerce or q-commerce is dubbed as the “third generation of e-commerce.” Wassim Makarem, vice president at Talabat, the largest online food ordering company in the Middle East, described the concept of q-commerce as an ultra-fast delivery service. It is also a service that provides grocery deliveries 24/7 within 30 minutes or less. As food delivery service Foodpanda expands this …