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DTI, fast food chain team up to champion sustainable consumer habits;
PTVPhilippines
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11 months ago
DTI, fast food chain team up to champion sustainable consumer habits;
Property developers, PEZA eye provincial expansion;
Luzon grid logs 1st yellow alert status in 2025
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00:00
The Department of Trade and Industry or DTI has joined forces with one of the country's leading
00:05
fast food companies to minimize waste and incorporate sustainable practices into its
00:10
operations. This and other stories in tonight's Business Wrap from the Philippine News Agency.
00:22
In our business news, the Department of Trade and Industry and Jollibee Food Corporation have
00:27
partnered to reduce waste and integrate sustainability practices into fast food
00:32
giant's ecosystem. DTI and JFC unveiled their joint project called POPJECT 2.0b Earth's
00:42
Best Friend, a Just Transition to Sustainable Lifestyles. In a press con on March 5, the DTI
00:48
emphasized their duty to protect consumers' rights while guiding them towards informed,
00:53
ethical and sustainable consumption. The partnership was also made in celebration
00:58
of the World Consumer Rights Day as DTI and Jollibee acknowledged the growing impact of
01:04
plastic pollution. Alois Anne Sison, Assistant Vice President of Trade Marketing Group of Jollibee,
01:13
also said their goal is to create long-term behavioral change among consumers.
01:19
Meanwhile, property developers are focusing on provincial markets where the demand for
01:25
residential and office spaces remains high. During the Property Guru Asia Connect Manila
01:31
event, Cindy Tan Harabata, President of Tahara Leisure and Hospitality Group,
01:37
highlighted the significance of diversifying their market while improving quality.
01:43
Jericho Go, Senior Vice President of Robinson Lands, said development in the provinces
01:49
promotes reverse migration as local residents no longer have to go to Manila or abroad,
01:54
leading to a positive impact on the local economy. Monica Lorenzana Trano, Vice President of Aboitiz
02:02
Infra Capital Economic Estates, added that they are also focusing on projects outside Metro Manila's
02:09
Central Business District area. For their part, Philippine Economic Zones Authority Director
02:15
General Vivian Santos said that they plan to add about 30 ecozones per year due to its positive
02:23
effect on the countryside. In other news, the National Grid Corporation of the Philippines
02:30
on Wednesday issued its first yellow alert for the Luzon grid as demand increased amid danger-level
02:37
heat indices in parts of the country. The NGCP reported a peak demand of 11,829 MW and a capacity
02:46
of 12,488 MW leaving a narrow operating margin of 659 MW. NGCP predicts that the peak demand
02:57
in Luzon this year is at 14,769 MW, higher than 14,016 MW recorded on April 24, 2024.
03:08
In contrast, Visayas and Mindanao are in normal operation.
03:13
That's the latest business news from the Philippine News Agency.
03:17
This is Wilner Bacilona for Balitang Pambansa.
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