The Department of Finance (DOF), in collaboration with the United Nations Development Programme (UNDP) and supported by the Government of Canada, has introduced a new initiative aimed at expanding green and climate finance through nature-based solutions (NbS) in the Philippines. In a statement released last week, the DOF announced the launch of NatureNest, a six-month accelerator program under the “Accelerating …
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Bloomberry Resorts Corporation, whose subsidiaries own and operate Solaire Resort Entertainment City, Solaire Resort North , and Jeju Sun Hotel and Casino, reported an increase of 14 percent in its Gross Gaming Revenue (GGR) — from P14.8 billion to P16.8 billion — in the first quarter of 2024. Based on its unaudited consolidated financial results for the three months ending …
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International Container Terminal Services, Inc.’s (ICTSI) Baltic Container Terminal (BCT), Gdynia, acting in coordination with the Port of Gdynia Authority, has completed Phase 1 of a two-phase major upgrade of its Helskie Quay. The project, implemented over 400 meters of quay line, represent an important step in the Port of Gdynia’s goal to accommodate larger vessels. This objective will become …
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In what was once a predominantly agricultural barangay of Santa Maria, Bulacan, a grassroots initiative that began with a handful of farmers under a sampaloc tree has blossomed into one of the province’s most progressive cooperatives. Backed by LandBank, the Catmon Multi-Purpose Cooperative (MPC) has thrived by growing alongside its community– evolving to meet changing needs while staying true to its …
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Metro Retail Stores Group, Inc. (MRSGI) recently held its Annual Stockholders Meeting, reporting solid 2024 performance marked by continued expansion, operational efficiency, and a smooth leadership transition as the company prepares for its next phase of growth. In her first address as Chairperson of the Board, Ms. Sherisa “Baby” Nuesa highlighted Metro Retail’s resilience amid a dynamic market environment. The …
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San Miguel Foods Inc. (SMFI) has reported a significant reduction in malnutrition among children covered by its expanded mother-and-child health program, “Happy si Mommy, Malusog si Baby,” now reaching over 1,000 beneficiaries in 24 barangays nationwide. Data from the program show that 89 percent of children enrolled have reached normal height and weight, underweight cases have dropped to 2 percent, …
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Manila Water has successfully completed significant operational enhancements at the Olandes Sewage Treatment Plant (STP) in Marikina City, repurposing its unutilized capacity for Biological Nutrient Removal (BNR) treatment. This initiative underscores the company’s ongoing commitment to environmental sustainability and compliance with updated effluent standards. The P129.31-million BNR operational adjustment project, completed in November 2024, focused on optimizing the Olandes STP …
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The Government Service Insurance System (GSIS) and the Philippine Government Employees Association (PGEA) officially rolled out the GSIS-PGEA Speakers’ Bureau last may 7 and 8 to “educate members of their GSIS benefits and serve as a platform to address their concerns.” The maiden capacity-building activity themed “Totoo Tayo: PGEA x GSIS, Laban sa Fake News” was designed to equip PGEA’s …
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New campaign highlights the real reasons Filipino families keep coming back to Landers If there’s anything one should know about Landers, it’s that it has never settled at being just another superstore. Just ask any of its loyal members and they’ll tell you – Landers is always about giving more. Whether it’s the unbeatable savings, the world-class selections of products, …
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Digital bank Maya has unveiled Paleng-Kita, a new lending initiative aimed at providing market vendors and public transport drivers with easier access to credit through digital transactions. Announced Friday, the program allows micro-entrepreneurs to tap into collateral-free credit by consistently using QR Ph and the Maya app for their daily payment needs. By linking cashless transactions with loan eligibility, Paleng-Kita …
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The Market Monitor Minding the Nation's Business