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Showing posts from September, 2019

WARNING: FAKE MONEY ON THE LOOSE

  In view of the amount of fake paper bills circulating in the economy, PAGASA sends this advisory on how to tell what is fake from what is real:  

SENATE REVIEW ON THE CURRENT RETAIL LIBERALIZATION LAW

In d morning of 26 September 2019, the Senate Committee on Trade and Industry chaired by Sen. Aquilino “Kok o” Pimentel III held a hearing to review the current minimum investment requirement for foreign retailers interested in setting up business in the country.  Unlike in the lower house, stakeholders were given a fair chance here to air their stand on the review of the said Law.  Attending for PAGASA were its President Steven T. Cua, Vice President Liansel Sy and Treasurer Jon Mykel Teodoro. The Team took the opportunity to have shots taken with Sen. Pimentel and Franklin Drilon aside from the other stakeholders from PRA.

CONGRESSIONAL HEARING ON REVIEW OF RETAIL LIB.

The Committee on Trade & Industry chaired by Rep. Wesley Gatchalian held a review on the minimum investment required by a foreign retailer to enter the Phil. market on 24 September 2019.  PAGASA was represented by STC and former VP Fred Gravador of Simplicity Ministop.  PRA came in full force too.  However, STC was not given a chance to air PAGASA’s position despite his raising his hand four times to signify that he wanted to take the floor.  In fact, erstwhile Rep. Allan Benedict Reyes of QC’s 3 rd District who sat beside STC subtly suggested to him to butt in and say “Your honor…” but the piercing look on Chairman Gatchalian’s eyes seem to be saying “one more raising of your hand, Mr. Cua and I may cite you for contempt!”  The session was slanted to accept a minimal $100,000 minimum investment as a reasonable amount for foreign retailers to enter our market!  PAGASA had opted for a minimum of $1.5 M.  After the session, attendees had a picture opportunity with STC’s cousin Rep.

GMA-7 INTERVIEWS PAGASA’s STC

On 20 September 2019, STC was interviewed by GMA-7's Raffy Tima on the issue of planned ban on plastic bags by the Quezon City government.      

CO-ORGANIZERS MEETING FOR AGRILINK 2019

At the third co-organizers breakfast meeting set on 19 September 2019 at the usual venue Annabel’s Fine-Dining Restaurant, this year’s show chairman was Sandy Javier of Andok’s Chicken fame who graciously hosted a trip to his farm for Agrilink co-organizers.  PAGASA was honored to act as Agrilink, Foodlink, Aqualink’s show chairman in 2007.

QUEZON CITY LEGISLATIVE HEARING ON PLASTIC BAGS

On the afternoon of 17 September 2019, the QC Legislative Council held a Public Hearing on the handling of single-use plastic bags. STC, Susan Lim (JC Plaza) and Lalaine Garces (GL Supermarket) attended in behalf of PAGASA but were prevailed upon by the representatives of SM, Jollibee, McDonald’s, Pizza Hut and other retailers who opted for the ban of single-use plastic bags in QC!  Granted that all who attended are aware of the debilitating effects of plastic bags to our environment, banning its use did not consider alternative forms of packaging for taking out groceries/food from establishments. The Ordinance is to take effect on 1 January 2020.

2019 PHILIPPINE-VIETNAM BUSINESS FORUM

On 10 Septermber 2019, the Embassy of the Socialist Republic of Vietnam in the Philippines hosted a cocktail for Commercial Attache Vu Viet Nga who was winding up her tour of services in the Philippines.  This was coupled with a Business Forum at the Midas Hotel where Philippine Consumer- Centric Traders Assn. Pres. Carlos Cabochan also attended with Allyson S. Artes/Chairman for the Phils.- Vietnam and Phils.-Poland Business Councils.  Ms. Vu was succeeded by Ms. Nguyen Kim Phuong as the embassy’s new Commercial Attache.

FOOD & DRINKS ASIA 2019

At the Grand Opening of Food & Drinks Asia on  5 September 2019 at the World Trade Center, PAGASA’s STC was included as a VIP and was honored by being included in the ribbon-cutting ceremonies of said tradeshow. Also invited was Philexport’s Pres. Emeritus Sergio Ortiz-Luis.