Tag: DTI

  • Puregold chairman named top Philippine retailer

    Puregold chairman named top Philippine retailer

    Puregold Price Club chairman Lucio Co has been named top Philippine retailer for 2015.

    He received the ‘Patron of Micro-retail Entrepreneurship’ award from the Philippine Retailers Association.

    Co’s contribution to the growth of micro-retail entrepreneurs, particularly through Puregold’s Tindahan ni Aling Puring program, fulfilled the PRA’s criteria for the country’s model of a successful retailer in terms of growth and good ethical practices.

    The recognition marks the PRA’s 19th ‘Outstanding Filipino Retailers & Shopping Centers of the Year’ awards.

    PRA president and COO of Duty Free Philippines, Lorenzo C. Formoso, presented the trophy to Co, together with tourism secretary Ramon Jimenez, trade secretary Adrian Cristobal, and Blims Lifestyle Group chairman Samie Lim.

    Formoso said during his opening speech that the association has awarded a couple of hundred retailers over the years, to encourage industry excellence that adopts world-class quality while maintaining local identity.

    “We can expect a brighter future ahead,” said Formoso, adding that the Philippine retail sector has become dynamic since it opened to foreign investors in 2000, citing Philippine Statistics Authority data on the increase in retail trade as percentage of national output.

    The PRA also recognised the most promising retailers, the best shopping centers and supermarkets, and the best retailers in specialty, home improvement, food and fashion categories. Ceremonies were held at the Marriott Grand Ballroom.

    Surplus and Bambu were named the best retailers under the fashion category (apparel and shoes & bags, respectively); Uniqlo Philippines, best foreign brand fashion retailer; Tropical Hut Hamburger best food; SM Hypermarket best hypermart, Robinsons Department Store best full-line department store, LCC Expressmart best regional retailer; and SM Megamall best large shopping center.

    Other finalists and winners include Robinsons Place Malolos, SM Sta Rosa, Ace Hardware, Krispy Kreme Stores, Dairy Queen, Philippine Pizza, Pacific Mall Legaspi, Newport Manila, Eastwood Mall, Lucky Chinatown, Urban Athletics, Grassroots Philippines, Runnr, Pet Express, The Travel Club, National Book Store, Abenson, Our Home, Mothercare, Esprit, Birkenstock, Clarks, Fitflop, Lacoste footwear, Karimadon, Freeway, Onesimus and La-Z Boy Gallery.

  • DTI to showcase Filipino retail brands in Jakarta

    DTI to showcase Filipino retail brands in Jakarta

    The Department of Trade and Industry (DTI) is set to showcase Filipino retail brands at the “Lifestyle Philippines” event on June 10, 2016 at Shangri-La Hotel, Jakarta, Indonesia.

    In a statement, Philippine Embassy Trade Representative Alma Argayoso said Lifestyle Philippines is a branding initiative led by the Philippine Trade and Investment Center (PTIC) in Jakarta, which aims to promote Philippine-made products in the Indonesian market.

    “This initiative hopes to increase trade with Indonesia, which in 2015 stood at US$3.6 billion. The Philippines exported about US$628.27 million worth of goods and services to Indonesia, while the Indonesia had US$2.93 billion trade with its counterpart,” Argayoso said.

    The event includes a fashion show that will feature Karimadon and Rusty Lopez, two iconic brands in the Philippines that have begun to create a following in Indonesia’s fashion-forward clientele market. Other brands that will be featured are Plains and Prints and Cruzzini Barong Tagalog.

    Barong Batik, a known fashion innovation for many diplomats and dignitaries will also be exhibited at the said event. It is a fusion of Philippine barong and Indonesian batik designs into one.

    Apart from apparel, the event will also feature potential Filipino food products for exports under the Flavor Philippines such as Goldilocks polvoron, Mama Sita’s sauces and mixes, Leslie’s snack products, Destileria Limtuaco’s spirits and liquors, and other artisanal food products such as dried fruits and nuts, jams and marmalade, bottled sardines, and chocolate dipped dried mangoes.

    Moreover, hand-woven crafts will be featured under the special section, Woven Chic.  Indigenous textiles from the Philippines, traditional dresses, linens, and modern and traditional pieces of jewelry will be displayed for the Indonesian fashion-oriented consumers.

    “The regional integration in ASEAN presents opportunities for Philippine companies to expand to Indonesia and other ASEAN markets, and we certainly would like to actively take part in supporting Philippine companies in their regional expansion. We look forward to make Filipino products more available in the Indonesian market, particularly since there are many Indonesians, having visited or studied in the Philippines, who look for our products,” Argayoso added.

    The event will also highlight other Philippine products and services such as travel and tourism, educational services and pharmaceuticals.

  • Philippine eCommerce to grow 101 per cent by 2018

    Philippine eCommerce to grow 101 per cent by 2018

    The Philippine eCommerce industry is expected to grow by 101.4 per cent by 2018 from $1.15 billion in 2013, according to the Philippine eCommerce Outlook.

    Prudencio Reyes Jr, undersecretary of the Department of Trade and Industry said

    eCommerce will help “connect domestic industry with the global economy.”

    The DTI said the country’s internet-connected population has grown by around 530 per cent over the past five years.

    Of the country’s 101.1 million population, 44 per cent are active internet users, 42 per cent are active social media users, 113 per cent have mobile connections, and 36 per cent are active mobile users.

    Philippine eCommerce sales reached P79 billion in 2012, equivalent to 0.6 per cent of the country’s total income during the year. More than 76.2 per cent or P60.17 billion came from the services sector, especially transport and storage, administrative and support service activities, and wholesale and retail trade.

    The DTI is encouraging micro, small and medium enterprises (MSMEs) to expand locally and globally by venturing into eCommerce.