THE PESO rebounded against the dollar on the last trading day of 2022 ahead of another long weekend, which could lead to increased spending. The local currency closed at P55.755 versus the greenback on Thursday, up by 44.50 centavos from Wednesday’s P56.20 close, data from the Bankers Association of the Philippines showed. The peso opened […]
Tag: holiday
Peso drops to near one-month low
THE PESO declined to a near one-month low on Wednesday, returning to the P56 level against the dollar, on less need for cash as the holiday season nears its end. The local currency closed at P56.20 versus the greenback, down by 30 centavos from Tuesday’s P55.90 close, data from the Bankers Association of the Philippines […]
Peso seen to move sideways on holiday spending
THE PESO is expected to move sideways this week on the further increase of holiday spending, especially as trading reaches the tail-end of the season. The local unit closed at P55.15 per dollar on Friday, weakening by six centavos from its P55.09 finish on Thursday, Bankers Association of the Philippines data showed. However, week on […]
Holiday bookings up between US, Cebu
TOURISTS are indeed returning with a vengeance. A recent study by Trevolution Group revealed that travel reservations made between the United States and Cebu, Philippines in December 2022 and January 2023 have already reached 70 percent of the reservations made during the same period in 2019-2020. “The first quarter of the year is traditionally the […]
Club Med appoints Olivier Monceau as its new General Manager of Singapore and Malaysia
KUALA LUMPUR, Dec 14, 2022 – (ACN Newswire via SEAPRWire.com) – Club Med, the leader in premium all-inclusive holidays, has announced the appointment of Olivier Monceau as the new General Manager of Singapore and Malaysia effective from October 2022. Olivier Monceau appointed General Manager, Singapore and Malaysia With his strong business acumen and deep brand […]
Kahayag at Bluewater
THE holiday season is officially here as Bluewater Maribago lights up with breathtaking brilliance in Kahayag 2022, its annual tree-lighting ceremony, held on Nov. 12 in Bluewater Maribago Beach Resort. This year, its 18-foot-tall Christmas tree is adorned with beautiful Christmas “parols” that all lit up during the ceremony. This year’s lighting was coordinated by […]
CAAP beefs up security at airports for holiday travel surge
THE CIVIL Aviation Authority of the Philippines (CAAP) has increased security at airports in anticipation of the surge of travelers during the Christmas and New Year holidays. In a statement on Sunday, CAAP said it has coordinated with government agencies operating at airports, including the Office of Transportation Security and the Philippine National Police Aviation […]
Inflation hovers over shoppers heading into Black Friday
BLACK Friday marks a return to familiar holiday shopping patterns, but inflation is weighing on consumers. Elevated prices for food, rent, gasoline and other household costs have taken a toll on shoppers. As a result, many are reluctant to spend unless there is a big sale and are more selective with what they will buy […]
Baby brands double down on TikTok to market to parents
From stretch mark creams to baby daywear, parenting companies Mama’s Choice and Edamama are preparing for the anticipated consumer demand this holiday season through digital touchpoints and promotions. Aside from the increased consumerism because of the festivities, data also show that most births occur in the fourth quarter. “As a direct-to-consumer brand, Mama’s Choice’s holiday strategy lies heavily in digital. […]
Cindi files 2 bills on Day 1 of 19th Congress
NEWLY elected Lapu-Lapu City Lone District Rep. Cynthia “Cindi” King-Chan has filed two measures on the first day of the 19th Congress on July 1, 2022, and these are bills that seek to declare June 17 every year as a special non-working holiday in the city during its commemoration of its Charter Day and create […]
Hotels, resorts appeal for local tax holiday
TO HELP the hospitality sector cope with the losses incurred during Typhoon Odette (Rai), the Hotel, Resort and Restaurant Association of Cebu (HRRAC) is appealing to local governm…
19 fireworks-related injuries reported over Christmas holiday
THE HEALTH department on Monday reported 19 fireworks-related injuries over the Christmas holiday, with 84% involving illegal pyrotechnics or firecrackers. The total was 54% higher compared to the 12 cases in 2020, but 67% lower than the five-year average of 58 cases in the same period. Fireworks-related injuries are usually higher during the New Year’s Eve celebration. All cases were due to injuries inflicted by fireworks. There were no reports […]
Yowie Group Launches “Feel the Magic with Yowie” Holiday Campaign
NEW YORK, Dec 10, 2021 – (ACN Newswire via SEAPRWire.com) – Yowie Group, the confectionary company that brings families sustainably sourced sweet treats combined with a unique educational experience, has officially debuted their “Feel the Magic with Yowie” holiday campaign. Throughout the holiday season, Yowie will be offering free activities for families and ultra-rare Pacific […]
Briones: Celebrating heroes
Monday, Aug. 30, 2021, was a holiday throughout the Philippines. That meant many people didn’t have to get up early in the morning to go to work. For them, it was a long weekend. Unless, of course, they’re employed in the fast-food business; in restaurants that remain open despite the pressures brought about by the […]
No work, no pay on Nov. 2, Dec. 24 and 31
President Rodrigo R. Duterte on Friday signed a proclamation declaring fewer nonworking days this year supposedly to boost the economy amid a coronavirus pandemic. Under the order, November 2 (All Souls’ Day), December 24 (Christmas Eve) and December 31 (New Year’s Eve), which had been special holidays, will be special working days. “For the country […]