Personally, I have 2 favorite powders; a loose powder and a compact one. They both give a good effect depending on how I use them.
I normally set my foundation and concealer with a loose powder and my favorite is this Natural Makeup Powder from 3W Clinic. I think it blends well without making me look cakey.
Touch-up is a must for me especially on the T-zone area. The 4U2 Lovelight BB Powder is the best powder to carry around and use for touch-up. I sometimes use it also to set my concealer under my eyes because the sponge that came with this is so nice to use. Read my review here.
These two were included in my July Favorites (read here)
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God bless! ^_^