<human>: Q: When was the first department store in the Philippines opened?
 A: The first department store in the Philippines is the Hoskyn's Department Store of Hoskyn & Co. established in 1877 in Iloilo by the Englishman Henry Hoskyn, nephew of Nicholas Loney, the first British vice-consul in Iloilo.
 Does the answer correctly answer the question

OPTIONS:
- yes
- no
<bot>: yes