Consumer confidence weakens for Q4 2018



By Rose de la Cruz

Consumer outlook continued to weaken in the last quarter of 2018, as the overall confidence index (Cl) plunged to a minus 22.5 percent from minus 7.1 percent in the previous quarter. This is the lowest reading since the last quarter of 2014, where the CI dropped by 15.4 percentage points since the nationwide survey was launched in early 2007.


The negative index indicates that the pessimists outnumbered the optimists for Q4 2018. The Cl is computed as the percentage of households that answered in the affirmative less the percentage of…

Read more: Consumer confidence weakens for Q4 2018

   Deepening the ties between Phl-Japan


 By Rose de la Cruz



Beyond a shared history and commercial ties, investing in sustainability and sharing expertise and cultural best practices are what could deepen the ties between Japan and the Philippines.


This was the overriding message of Engr. Ramon Gil S. Macapagal, SM Foundation trustee and head of corporate affairs and sustainability of the SM Group of companies, during his keynote speech at the just-concluded Philippine-Japan Business investment Forum in Tokyo.


The Japanese people have supported our country’s various development, productivity and improvement programs on infrastructure, technology, humanitarian aid and job creation.

Read more: Deepening the ties between Phl-Japan

Proposed bill on weighing scales to reduce retailing fraud



By Rose de la Cruz


One house bill-- now with the Senate-- faces consolidation with two Senate versions of similar content governing the imposition of a uniform weighing scale, called Timbangan ng Bayan, in all city and municipal markets to protect consumers against fraudulent market practices.


Rep. Juliette Uy, Misamis Oriental 2nd district, sees the swift passage of Timbangan ng Bayan or by the first three months of 2019.


She said she is hopeful of swift Senate action on two Senate bills (SB 1970 of Sen. Ralph Recto and SB 2050 of Sen. Grace Poe)…

Read more: Proposed bill on weighing scales to reduce retailing fraud

Reduced fees for CPD training pushed



By Rose de la Cruz


Rep. Bernadette Herrera-Dy is pushing for the reduction of fees per unit of continuing professional development (CPD) trainings to P50 per CPD credit unit per participant and the top-up premium for resource person of P25 per CPD unit.


Herrra-Dy of Bagong Henerasyon partylist, said the Professional Regulations Commission must set a low ceiling on the registration fees.


"P50 per CPD credit unit per participant whether the training is via online or in a real- world venue. That sounds fair," she said.


She also said the PRC regulations may allow for a top up premium…

Read more: Reduced fees for CPD training pushed

 Signing of new housing bill, a Christmas gift to Filipinos


By Rose de la Cruz


The expected signing this month of the bill creating a Department of Human Settlements and Urban Development is the Christmas gift of Congress to the Filipino people.


Thus said Rep. Ron Salo, KABAYAN partylist, who said that the lower house is just awaiting ratification of its bill y Senate.


"The Senate, hopefully, could ratify the housing bill as early as tomorrow, Monday, when Congress resumes session," said Salo, who chaired the technical working group for the bill and was on the House bicameral contingent.


“Speaker Gloria Macapagal-Arroyo instructed the House leadership to await the bicam approved…

Read more: Signing of new housing bill, a Christmas gift to Filipinos

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