Multiple reports by Canalys, Counterpoint Research, and IDC show the two-year-old brand’s dominance in Q3 2020
realme Philippines has claimed the number 1 spot in the country’s smartphone market, recording triple-digit growth in Q3 2020 — a feat the brand achieved in just two years. International market research firms Canalys, IDC and Counterpoint Research all confirm the two-year-old brand’s local market lead in their Q3 reports.
Global market intelligence firm IDC reported realme Philippines achieved staggering 962.5 percent annual growth and captured 25.4 percent local market share this third quarter.
A new cement facility worth ₱15 billion will replace the current production line at Taiheiyo Cement Philippines, Inc. (TCPI) in San Fernando, Cebu, the company announced today.
This after its mother company in Tokyo, Taiheiyo Cement Corporation (TCC), approved the project that will increase its capacity from 2,500 tons of clinker per day to 6,000 tons, or some three million tons of cement a year by mid-2024.
From small-time retailer to store owner, Shine Macapas has managed to shepherd her small business to success despite the pandemic.
A sari-sari store owner and Smart load retailer from Barangay Guadalupe, Cebu City, Macapas’s business has been so good that she was inspired to extend a helping hand to loyal customers who are struggling through the health crisis. “I let them buy essential goods on credit. It may be a small thing, but I hope it helps ease their burden,” she says.
Company remains optimistic of ‘better days ahead’ as government intensifies efforts to revive the economy
Property giant Megaworld’s rental income grew 13% to P3.4-billion during the third quarter from P3-billion in the previous quarter as quarantine restrictions have been eased.
The company’s office rental business, under the Megaworld Premier Offices brand, continued its growth momentum during the quarter as it grew 6% to P2.96-billion from P2.80-billion in the previous quarter. Year-on-year, it grew 11% in this year’s third quarter from P2.68-billion during the same period last year, while during the first nine months of the year, it also grew 11% to P8.57-billion compared to P7.75-billion in the same period last year.
Real estate company Taft Property Venture Development Corp. announced today, Wednesday, that it is undertaking a high-rise development at a prime location in Cebu City.
Named Taft East Gate, the mixed-use residential community will feature four high-rise condominium towers with the added benefits of dining and retail outlets, said project development head Lydwena Eco.
It will rise along the corner of Pope John Paul and Cardinal Rosales avenues, one of the top prime areas in Cebu, she added.
SAP SE, a market leader in enterprise application software marks its milestone in the Philippines as it celebrates its 25th anniversary. For the past 25 years, SAP has helped more than 1,800 companies in the Philippines run better.
With its global expertise, as well as knowledge of the local market, SAP works across 25 industries. In the Philippines, about 72 percent of the top 50 Filipino corporations run SAP.
GCash, the preferred mobile wallet in the Philippines, is leading the country’s shift into the new normal through digital financial technology, making it part of the lifestyle of many Filipinos.
GCash Marketing Manager Winsley Bangit said the pandemic has set the stage in cultivating new trends and behavioral changes in the Filipinos’ way of living that make way for increased adoption of fintech.
From coming up with programs to ensure there are enough quality graduates from universities to promoting Cebu as a global IT-BPM hub, the different CIB.O committees presented strategies and other innovations to further develop the industry under new normal conditions.
Called the Strat 8 Super Committees of the Cebu IT-BPM Organization (CIB.O), the groups were formed to manage challenges and take advantage of opportunities brought to light by COVID-19, said Chairman Francis Monera in his opening remarks during the first ever virtual town hall event “Gearing Up for New Normal and Beyond” held on October 29, 2020.
Emperador Inc. – the world’s largest brandy company owning the iconic Emperador Brandy and Fundador Spanish Brandy de Jerez – continues its aggressive growth across North America and Europe during the first nine months of the year even as the global pandemic adversely hit most countries in these continents.
Fundador, Tres Cepas, and Emperador brands have been growing consistently, particularly in the United States, Canada, Italy, Spain, United Kingdom and Greater China. In Spain, brands owned and produced under Grupo Emperador España S.A. continue to dominate the brandy market with 40% market share.
Cebu’s main IT-BPM organization CIB.O will hold its first virtual town hall meeting aimed at helping the industry adapt and thrive under new normal times.
Scheduled from 2:45 p.m. to 5:00 p.m. on October 29, 2020, the “Gearing Up Towards New Normal and Beyond” event will tackle new trends in the business process management sector and digital education through such speakers as Leechiu Property Consultants, Inc. CEO David Leechiu and Xepto Digital Education Founder Dr. Paco Sandejas.
METRO Retail Stores Group, Inc. (MRSGI) recently bagged the Gold Bagwis award from the Department of Trade and Industry (DTI) for its stores in the Visayas.
“Through the Bagwis Award, we aim to inspire retailers to pursue the highest standards in consumer welfare, social responsibility, and quality of customer service. We would like to commend MRSGI for its tireless efforts and innovations to meet and even go beyond the needs of its stakeholders.” said DTI-Cebu OIC-Provincial Director Rose Mae Quiñanola during the awarding at the agency’s office in Cebu City.
After hosting several successful webinars aimed at guiding businesses, retailers, and consumers in the new normal, the Philippine Retailers Association-Cebu has more lined up for the coming days.
For today and tomorrow, October 5 and 6, 2020, PRA is holding the second installment of “Rethinking Our Business and Repurposing Our Facilities for Survival and Sustenance #Diskarte.” The webinars are scheduled throughout the holding of The Great Cebu Sale (TGCS) 2020 from September 15-October 31.
The group calls on such sectors as Hardware, IT & Home Stores, Restos, Bake/Coffee Shops, Gasoline Stations, Spa and Salons, Gyms, Academes, Online Sellers, and other retailers to grab the opportunity and join the free webinar.
Speakers will share tips and best practices on how to stay relevant and competitive under new normal times for business. To join, details and link below. The webinar starts at 10 a.m. Participants are encouraged to log-in by 9:40 a.m. Click on this link to register for the event : https://bit.ly/360AOmK
DAY 1 WHEN : October 5, 2020 (Monday) from 10:00 AM to 12:00 NN Click this link to join: https://bit.ly/3iNuliu Zoom Meeting ID: 874 4451 3584 Zoom Passcode: GCS2020
DAY 2 WHEN : October 6, 2020 (Tuesday) from 10:00AM to 12:00 NN Click this link to join: https://bit.ly/2Hfr2CM Zoom Meeting ID: 841 6476 2428 Zoom Passcode: GCS2020
“We have scheduled various webinars throughout the sale period to stimulate interest from the public,” said Raki Urbina, co-chairperson of the GCS.
Other webinars scheduled for the month of October:
Redefining and Optimizing the Essential Components of Retail in these Most Challenging Times October 12 and 13
Leading by Emotional Intelligence with Stressed-out Workforce and Anxious Guests and Customers October 19 and 20
A similar activity, dubbed the “Rethinking our Business and Repurposing our Facilities for Survival and Sustenance #Diskarte” was held on September 28 & 29. A total of 60 participants joined, including the following establishments: Pillows Hotel, Rusem International, Cebu Hilltop Hotel, MJ Hotel and Suites, Waterfront Airport Hotel & Casino, Shangri-La, Basic Graphics Inc., Cebu Hotel Plus, Cebu Grand Hotel, Cebu Palm Grass Hotel, Island Souvenirs, Cebu Parklane International Hotel, Quest Hotel and Conference Center Cebu, HRRAC, Anjo World Theme Park, Laguna Group, WeeDoo, Mi Department Store, Hyundai Cebu Inc., One Central Hotel & Suites Corp., Kandaya Resort, Expressions Stationery Shop Inc., Amethyst Boutique Hotel Cebu, Golden Prince Hotel & Suites, Goldberry Suites & Hotel, Cebu Primera Food Industries Inc., SM Consolacion, Mang Tinapay, HRRAC, and CGM Hotel Consultancy.
The webinar series are being overseen by trainer and resource speaker Francisco Dela Cruz, who is from Bocaue, Bulacan. He has a total of 35 years working experience, 17 of which were spent in different countries in the Middle East. His various roles included being Hospitality Training Manager of Sheraton Hotel in Kuwait – a 5-Star Luxury Collection Hotel and Retail Training Manager of Alshaya Retail Group in the Middle East. His work experiences in the Philippines included being a Branch Manager (or Senior Retail Operations Manager) of many SM Stores in the Philippines, a Planning and Budget Analyst at Philippine National Oil Company, and Evening Professor of Business Management and Marketing at the Polytechnic University of the Philippines.
According to Camille Aldeguer, TGCS chair, said they will be tapping event organizers and wedding planners for a possible collaboration with hotels, resorts, and restaurants to bring in more guests to hold events and functions.
“It should be a welcome development for hotels that hold functions; however, mass gatherings are still prohibited,” PRA-Cebu Chapter President Chester Lim said.
Major move designed to create new model for rapid migration to the cloud and realization of value for clients and their stakeholders
Accenture announced the formation of Accenture Cloud First with a $3 billion investment over three years to help clients across all industries rapidly become “cloud first” businesses and accelerate their digital transformation to realize greater value at speed and scale. Karthik Narain will lead Accenture Cloud First and join the Global Management Committee effective October 1.
The Cebu People’s Multi-Purpose Cooperative (CPMPC) inaugurated last Saturday, September 12, an additional 100 new units of modern jeepneys, also known as PeoplesJeep.
“We thank our partners, our funding institutions in government, government regulators and our transport operators for this new milestone of our cooperative,” CPMPC Chief Executive Officer Macario G. Quevedo said during the blessing on Aug. 15, 2020 of the mini bus-type vehicles in Barangay Basak, Lapu-Lapu City. The new garage of the PeoplesJeep is located on UN Avenue in Mandaue City.
Property giant Megaworld is optimistic that it can recover quickly from the pandemic next year following reports of coronavirus vaccines to be released before year-end.
In his message at the company’s Annual Stockholders’ Meeting via live webcast, Megaworld chairman and CEO Dr. Andrew L. Tan said the company is ready to bounce back as it “adjusts to the new demands of the diverse market.”
Andrew Tan-led property giant Megaworld is creating a wholly-owned subsidiary that will spearhead the company’s investments and ventures into digital innovations and technology as it takes advantage of opportunities brought about by changes in consumer behaviors and lifestyles in this digital age.
AGILE Digital Ventures is Megaworld’s digital investment arm that will engage in investing and building technology start-ups that hopes to support the country’s food, retail, and hospitality industries during these challenging times.
Who says social distancing while eating out can’t be fun?
As dine-in services resume in the new normal, SM malls nationwide are offering a new and safer dining experience for shoppers who want to satisfy their cravings and have a good time with family and friends. As part of its #DineInSM campaign, SM malls have created fun, social distancing-compliant dining areas with lively and colorful themes and décor for everyone to safely enjoy dining in at their fave restaurants.
Here are some themed, Instagram-worthy dining areas you can check out at an SM mall near you:
Following the recent announcement of the government placing Cebu City under GCQ, GrabCar will resume its services in Cebu City and Talisay City to provide safe and reliable mobility solutions for its commuting public and help Cebu safely reopen its economy.
To further Grab’s commitment of helping the Cebuano economy, for the first two weeks of GCQ, GrabCar rides paid through GrabPay will have a 50% fare reduction to be able to meaningfully assist the essential service workers, small business owners, and the general commuting public in going about their daily activities.