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News and Events

In Which Regions and Cities Do Food and Accommodation Businesses Earn the Most?

Average gross profit per establishment ranges from Php1.5 million to Php15 million

Food and accommodation establishments in the Philippines earned an average gross profit (income less expenses) of Php9.6 million in 2015, according to the Philippine Statistics Authority (PSA).But restaurant, bar and hotel owners as well as caterers in Metro Manila earn more compared ...

by Pauline Macaraeg  | September 05, 2017 10:00:00
News and Events

How Much Money are Restaurants, Bars and Caterers Making on Average?

Before putting one up, take a look at the latest numbers from the Philippine Statistics Authority

Each year, the Philippine Statistics Authority (PSA) conducts the Annual Survey of Philippine Business and Industry (ASPBI), which gathers data on close to 40,000 formal business establishments that employ at least 10 workers in the country. The latest survey, which includes 18 ...

by Pauline Macaraeg  | August 24, 2017 04:00:00
Startup Tips

A private affair

A new lifestyle hotel along Shaw Boulevard in Pasig City fuses the convenience of city life with the luxury of privacy. Check it out.

The new kid on the Ortigas-Pasig block, Privato is in the thick of goings-on along Shaw Boulevard—it’s within walking distance of commercial hubs like Capitol Commons and Kapitolyo Village—but stands as an urban escape from the hustle and bustle of the metro.Developed ...

by Victoria Vizcarra  | November 24, 2014 01:00:00