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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: - Economic Team of Malacañang planning to tax single-use plastic bags, salted foods & sweetened-beverages once more to raise funds.
- 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.
- 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.
- 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.)
- 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. |
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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. |
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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. |
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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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