Whether in services, consumer goods, beauty and health care, or food business, each entrepreneur must stay on top of trends. Here is a regular Philippine Daily Inquirer feature that should give many of you an idea on trends that could complement your business. This is just an excerpt so if you want to read the entire article, click here.

These are the fastest moving products in the various establishments:

Jollibee
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Wondering what level the peso will be at this year (against the dollar of course)? Perhaps you need it for your business strategy or for accounting purposes. Here is a running tally of what analysts and economists see for the peso this year. This feature of Open For Business will be regularly updated. So bookmark this blog!

Citibank - P38 in Q1, P35 by yearend (as of February 4, 2008)
American Express - P40 by yearend (as of December 27, 2007)
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(Photo from AFP)

If you believe the National Economic Development Authority (NEDA), businesses in the consumer sector will continue to have a profitable year in 2008, despite the appreciation of the peso.

Read this article:

MANILA, Philippines — The National Economic and Development Authority (NEDA) has downplayed concerns that consumer spending, a major growth driver of the economy, may be dampened this year by the continuing strengthening of the peso.

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