What businesses need to know about product and service development

View in browser   |   Shop Inquirer August 14, 2023 Warning: Here is what every business needs to know about product development I see one major mistake that companies keep repeating that is responsible for countless corporate failures. This mistake is to develop products, services and solutions based on something other than customer needs. Most people think of external customers only when they think of customer needs. By Tom Oliver BSP policy rate to stay untouched at 6.25%, analysts say  Market analysts agree that the Bangko Sentral ng Pilipinas (BSP) will keep its benchmark interest rate unchanged at a 16-year-high of 6.25 percent for the third consecutive policy meeting on Aug. 17, but diverge on whether tightening is done or rate cuts are coming. By Ronnel W. Domingo Experts predict reversal of stock market downtrend    Stock market experts are raising the likelihood of a rally at the Philippine Stock Exchange index (PSEi) over the next 12 months due to attractive valuations coupled with favorable technical indicators. A recent report by First Metro Securities Brokerage and Singapore's DBS Bank increased its year-end 2023 "base case" for the PSEi to 6,850, with a further upside target of 7,400 as relatively inexpensive market valuations "are becoming hard to ignore".  By Miguel R. Camus Like this email? Forward it to your friends and let them know that they can sign up here. BIZ BUZZ No Bulacan airport reclamation​  Amid the issues surrounding Manila Bay reclamation works, San Miguel Corp. clarified that no reclamation is involved in its New Manila International Airport project in Bulacan, stressing it was redeveloping the existing land that had been inundated by flooding. By Tyrone Jasper C. Piad INQUIRER PLUS-EXCLUSIVE Palace orders further study on Landbank-DBP merger The planned merger of Land Bank of the Philippines and Development Bank of the Philippines may be facing more hurdles than anticipated as Malacañang asked the overseer of state-run firms to study the proposal some more. In a memorandum dated July 26, Executive Secretary Lucas Bersamin said the Office of the President (OP) was deferring action on a request of the Governance Commission for Government-owned and Controlled Corporations (GCG) for the issuance of an executive order that approves the Landbank-DBP merger, with Landbank as the surviving entity. By Ronnel W. Domingo Try Inquirer Plus. Inquirer Plus is the digital version of the Philippine Daily Inquirer. Register for a 30-day trial for free to get access to Inquirer's fearless reporting, app-exclusive stories, and archives. REGISTER NOW Hi Edward. Have feedback? We're happy to hear it. Give Suggestions newsletter@inquirer.com.ph © 2023 PHILIPPINE DAILY INQUIRER, Barangay Tejeros, Makati City, Philippines You are receiving this email because you are subscribed to Inquirer Newsletters. Unsubscribe anytime