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PAGASA ELECTION FOR BOARD OF DIRECTORS FOR THE TERM 2023-2025
Wednesday, 25 October 2023

 

On the same eve and at the same venue as the General Meeting for the fourth quarter of 2023, PAGASA held its biennial elections for its new Board of Directors for the term 2023-2025. Former VP Karl Tan of the former SuperBudget Lane Group was invited to head the elections as COMELEC Chairman. He announced the results as soon as the votes were counted that evening.

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4Q GENERAL MEETING FOR 2023
Wednesday, 25 October 2023


PAGASA had one of its most well-attended GenMeets on 25 October 2023 held at Chairman Fu Hotpot inside the new Grand Wing of Newport Mall at Resorts World. Among the topics discussed:

  1. Economic Team of Malacañang planning to tax single-use plastic bags, salted foods & sweetened-beverages once more to raise funds.
  2. DTI calls for an NPCC Mtg two weeks later to discuss requested "price freeze" this X'mas & the strict prohibition on pass-through fees by municipalities spanning major thoroughfares.
  3. Malls along EDSA & major avenues are to operate from 11am-11pm starting 13 Nov.-8 Jan. 2024 according to MMDA to dissipate traffic during the Season.
  4. Liquor Ban in effect from 12:01am of 29 Oct. (Sun.) to 12 midnight of 30 Oct. 2023 (Election Day-Monday). Sales of wine and liquor to resume on 31 Oct. 2023. (For residents of the City of Mla., acc. to Phil. Daily Inq, liquor ban extends til midnight of 2 Nov. 2023.)
  5. Other Matters
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CONSULTATIVE MEETING WITH THE DAP.
Tuesday, 17 October 2023

The Dev't. Academy of the Phils. (DAP) had invited PAGASA back in 2018 to review their (MGRP) Modernizing Government Regulations Program and find out if too much regulation was strangling the growth of the different industries including that of FMCG's. Interrupted by the pandemic, the DAP resumed the review in the morning of 17 October 2023 at their Head Office in Ortigas Center, Pasig. Focus of discussion centered on DTI's price control via their SRP system, indecisiveness by government when it comes to rules & regulations and its lack of development of the different industries leading to a void in self-sufficiency and food security. Consultation was done by DAP's Research Associate Janine Coleen D. de Villa and Supervisor Reuel Hermoso.

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SILKROAD PHILS. 2023 "THE BEST OF CHINA"
Friday, 13 October 2023

In the fine morning of 13 October 2023, the Jinjiang City Hometown Association of the Philippines opened at the World Trade Center SilkRoad Phils. 2023, an exhibition showcasing the best of products from Jinjiang City. PAGASA was invited to be part of the ribbon-cutting ceremonies and to sign a symbolic agreement to cooperate in the generation of businesses between Jinjiang City in Fujian Province, China and the Philippines.

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PAGASA GEARS UP FOR THE TRADE SHOW "SILKROAD PHILS. 2023. THE BEST OF CHINA"
Thursday, 12 October 2023


In the late afternoon of 12 October 2023, PAGASA's staff went to work in suiting up PAGASA's Booth in time for the Show highlighting products from China the following day. In less than three hours, they've put up the museum-motiff booth introducing PAGASA to would-be members and the general public.

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PRA 3/Q GMM AT OKADA MANILA
Thursday, 12 October 2023

The Philippine Retailers Association held its third quarter General Membership Meeting on 12 October 2023 at the Pearl Wing Ballroom of Okada Manila. Keynote Speaker was Robert Dan Roces/Chief Economist of Security Bank. He mentions that the recent lack of government spending did not help push consumption in this consumer-led economy. Consumers were hedging on credit even as bank rates grew rapidly. Revenge spending focused more on durables and eating out. Consumer loyalty most critical factor in keeping retailers afloat.

 
PAGASA AT AGRILINK 2023 & PCAFI GENERAL ASSEMBLY
Saturday, 07 October 2023


On the noon of 7 October 2023, VP Liansel Sy attends in behalf of PAGASA the PCAFI (Phil. Chamber of Agri & Food, Inc.) General Assembly at PTTC Building beside Agrilink exhibit at the World Trade Center.

Beside him is PCAFI Pres. Danny Fausto and former Cagayan Gov. (also its former Representative for the Lower House) now DA Usec. DV Savellano- keynote speaker for the Assembly.

 
PAGASA VISITS ZAMBOANGA
Friday, 06 October 2023


On 6 October 2023, STC was invited by DTI Region IX to attend their trade show held at KCC Mall de Zamboanga called ZAMPEX. The weekend coincided with the annual Hermosa Festival of the Zamboanga Peninsula. Mr. & Mrs. Cua were toured by Tony Tan Ituralde of their Chamber of Commerce & Industry at the exhibition. He had a photo taken with the big bosses of DTI Region IX. Reg. Dir. Engr. Al-Zamir I. Lipae (in blue), his Asst. Reg. Dir. (in white) & the respective directors of Zambo City, Zambo del Norte, Zambo del Sur & Zambo Sibuguey. He got to taste the bakes and delicacies of the region especially the famous curacha. He also got up early to see the Vinta Regatta held by the Boulevard.

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PAGASA REFUTES DTI’S CLAIMS
Tuesday, 26 September 2023


In the morning of 26 September 2023, just a day after DTI Sec. Alfredo Pascual proclaimed that there will be no price increases for BNPCs (basic necessities and prime commodities) until end of the year, PAGASA's STC was sought his opinion regarding the veracity of the Secretary's bold statement. DTI held a Meeting with key manufacturers earlier and prevailed upon them not to increase prices until the following year.

Media mentions that some of these manufacturers said they did not give their consent to the Secretary's request. STC maintains that in an economy that practices free enterprise, prices should be allowed to flow freely as suppliers always watch out that they do not price their products out-of-the-market.

 
STATE OF THE ECONOMY FOR RETAILERS
Tuesday, 19 September 2023

 

In the early morning of 19 September 2023, PAGASA's STC was interviewed over SMNI Channel regarding the state of the economy from the retailers' POV. Aside from demand and supply as well as expectations of price adjustments given economic conditions, the 30-minute interview via Zoom zeroed in on effects of recent wage increases, rebound from the pandemic, supply chain disruption, 11-week continuous increase in prices of fuel, announced increase in cost of power consumption and the general sentiment of consumers leading to the Christmas Season.

 
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