It was a presocial media fake news that evolved into an urban legend ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
| | | | | | | ECONOMY Inflation slowed to 3.3% in Aug, opens door for further rate cuts
Headline inflation in August eased to its slowest rate in seven months due to a more gradual increase in food and transport costs, the Philippine Statistics Authority (PSA) reported on Thursday. Preliminary data from the agency showed the consumer price index grew by 3.3 percent year on year in August, albeit slower from the 4.4 percent in July and 5.3 percent last year.
By Mariedel Irish U. Catilogo and Ian Nicolas P. Cigaral
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| | | | MARKETING PULSE
Strategic thrift: Your marketing plan can't do without this
A family-owned bakery struggled to compete with larger chains in their city. Instead of investing in costly advertisements, they decided to leverage the power of community and word of mouth. They started a "Pay It Forward" campaign, where customers could prepurchase a loaf of bread or a pastry for someone in need.
By Josiah Go
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| | | | FOOD MANUFACTURING
CNPF invests $40M in Misamis coco plant
Century Pacific Food Inc. (CNPF) is spending $40 million to acquire and expand a coconut processing facility in Misamis Occidental, Mindanao in a bid to meet the growing demand for coconut-based products here and abroad.
By Tyrone Jasper C. Piad
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| | | | | | | | BIZ BUZZ
Robina Gokongwei and her 'python twin'
It was a presocial media fake news that evolved into an urban legend over the decades. The tale even influenced pop culture as it was featured in one of those "Shake, Rattle and Roll" flicks.
By Doris Dumlao-Abadilla
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| | | | INQUIRER PLUS-EXCLUSIVE
Prime Infra gets fresh P5-B loan to fund projects
Razon-led Prime Infrastructure Holdings Corp. secured a P5-billion loan deal with state-run Land Bank of the Philippines to help finance its various projects. In a joint statement on Thursday, the group said the fresh funds would support the rollout of its sustainable and renewable energy, water and bulk water supply, and waste management and sustainable fuels.
By Lisbet K. Esmael
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