The Market Monitor Minding the Nation's Business
The Next Generation Basketball League (NGBL) is in full swing, and it is living up to its promise of being the newest stage for the Philippines’ future stars to showcase their prowess. High School studs from the University of Perpetual Help System DALTA, University of Santo Tomas, and San Beda University have been making waves in the league, with their …
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September, 2024
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23 September
NMMAPP to host first ever Asian Mixed Martial Arts Manila Open next month
THE first ever Asian Mixed Martial Arts Manila Open hosted by the newly-formed Nasyonal Mixed Martial Arts Pederasyon ng Pilipinas (NMMAPP) will be held from October 14 to 16 at the Grand ballroom of the Marriott. Philippine Olympic Committee (POC) President Abraham “Bambol” Tolentino, the NMMAPP president, along with Secretary-General Alvin Aguilar announced the 11-division weight class competitions supported by …
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23 September
Gov’t pursuing reforms for steady economic surge
The government is committed to implementing various reforms to drive sustained economic growth, according to National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan. Speaking at the Fourth Philippines-Singapore Business and Investment Summit in Singapore, Balisacan emphasized the need for investments in infrastructure and innovation to support the government’s goal of achieving a sustainable and environmentally conscious future. These investments, …
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23 September
‘Tatak Pinoy’ products to be highlighted at 26th Likha ng Central Luzon Trade Fair
The Department of Trade and Industry (DTI) is set to host the 26th Likha ng Central Luzon Trade Fair at Megatrade Hall 2, SM Megamall in Mandaluyong City, from October 16 to 20. This highly anticipated annual event spotlights the creativity, innovation, and sustainability of Central Luzon’s artisans and entrepreneurs under the theme “Tatak Pinoy! Innovative and Sustainable Products.” This …
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23 September
Recto lures Singaporean businessmen to invest in Phl
Finance Secretary Ralph Recto has urged Singaporean investors to explore investment opportunities in the country’s infrastructure flagship projects. In his speech during the 4th Philippine-Singapore Business and Investment Summit (PSBIS) held on Thursday at Shangri-La, Singapore, Recto also assured investors that the much-anticipated enactment of the Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy …
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23 September
Central banks armed against climate risks
Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona, Jr. emphasized that central banks possess the regulatory tools to manage critical climate risks. He said this at the recent “International Conference on Green Transition, Capital Flows, and Financial Stability in Asia-Pacific” in Mactan. According to the Governor, central banks that recognize climate risk as an “implied mandate” can draw from …
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23 September
BSP set to lower banks’ reserve requirement ratio
The Bangko Sentral ng Pilipinas (BSP) will reduce the reserve requirement ratios (RRRs) of banks as part of its efforts to reduce distortions in the financial system. In a statement on Friday, the BSP said the RRR of universal and commercial banks (U/KBs) and non-bank financial institutions with quasi-banking functions (NBQBs) will be reduced by 250 basis points to 7 …
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23 September
AUB eyeing nat’l ID eVerify integration to its banking service
The Asia United Bank said on Thursday that it is planning to integrate the Philippine Statistics Authority’s eVerify with its branch banking service, allowing customers who registered to the national identification (ID) system to easily open a bank account. The national ID eVerify provides users with a suite of verification tools, including facial recognition and real-time data verification. It also …
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23 September
Gateway Honda Dealerships Assure Satisfaction Guaranteed
When buyers leave any of the four Honda Gateway dealerships with their brand new Honda cars, the Gateway Motors Group (the biggest multi-brand car dealership company that operates in key cities in the Philippines) always gives them the assurance of security and dependable services for their newly prized possession in the years to come. This is the essence of the …
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23 September
Kia Carnival: New Era of Luxury
The new-look Kia Carnival, one of the most iconic names in the automotive industry that blends opulent comfort and bold design with cutting-edge technology and set to be the new benchmark in the premium MPV category, was unveiled by ACMobility last Friday at The Atrium of Enderun in Taguig City. A black and a white colored units were shown …
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