The Market Monitor Minding the Nation's Business
The Philippine Subcon and Manufacturers Exhibition (PSMEX) 2023 back-to-back with The International Machinery Tools & Accessories Philippines (I-MTAP) 2023 exhibition was launched at the World Trade Center Metro Manila last April 26th. The opening ceremonies were attended by keynote speakers from the Philippine Economic Zone Authority (PEZA) – Director General Mr. Tereso O. Panga represented by PEZA Group Manager Ms. …
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May, 2023
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10 May
BIR Records Historic Collection for January to April
In line with the agency’s mission to raise government revenues through effective and efficient tax administration, the Bureau of Internal Revenue (BIR) achieved a milestone accomplishment by hitting all its collection targets for the first four months of the year. Under the stewardship of Commissioner Romeo D. Lumagui, Jr., the BIR has implemented new measures that have promoted voluntary compliance, …
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10 May
Celebrating Your Super Mom at SM
Discover a million ways to love and celebrate Mom. To make this year’s Mother’s Day extra special, a variety of activities are in store as moms take center stage at your favorite SM malls nationwide until May 14. Offer a prayer of thanks for mom Start the day with a prayer of thanks and a special blessing of all moms …
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10 May
AC Health unveils Healthway Medical Network, integrating its clinics and hospitals to provide a holistic approach to healthcare
Ceremonial signage lighting at Healthway QualiMed Santa Rosa is the first in a series of events celebrating the launch of the new Healthway Medical Network Ayala Healthcare Holdings Inc. (AC Health) launches Healthway Medical Network (HMN), marking the integration of all its hospitals and clinics under the Healthway brand. With the promise to deliver “Care Beyond Cure,” Healthway Medical Network …
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10 May
Bloomberry’s Q1 2023 Net Income Up 338% YoY, Exceeds Pre-Pandemic Levels
Bloomberry Resorts Corporation (“Bloomberry”, “the Company”), whose subsidiaries own and operate Solaire Resort Entertainment City (Solaire) and Jeju Sun Hotel & Casino (Jeju Sun), reported unaudited consolidated financial results for the three months ended March 31, 2023. Enrique K. Razon Jr., Bloomberry Chairman and CEO, said, “During the first quarter of 2023, Bloomberry delivered an outstanding set of results. Solaire’s …
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10 May
InLife trustees and top execs pay courtesy call to new Insurance Commissioner
Insular Life (InLife) trustees and top executives recently made a courtesy call to the newly-appointed Insurance Commissioner, Atty. Reynaldo A. Regalado (center). The InLife delegation was led by Executive Chairperson Nina D. Aguas (2nd from left). With her were (from left) InLife Trustee Luis Y. Benitez, InLife Trustee and Insular Health Care President and CEO Maria Noemi G. Azura, and …
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10 May
Manila Water continues to assist Maynilad with cross border supply
Manila Water Company (MWC) continues to extend cross-border sharing to Maynilad Water Services, Inc. (MWSI) to alleviate supply woes in the latter’s concession area. This cross-border sharing deal allows Maynilad to tap treated water from Manila Water’s distribution network. In two locations along Aurora Boulevard in Quezon City, Manila Water has been providing up to 22 million liters of water …
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9 May
ICTSI 1Q 2023 Net Income up 9% to US$154.61M
Enrique K. Razon, Jr., ICTSI Chairman and President said: “I am pleased to report on a strong first quarter of the year which saw ICTSI delivering an increase in throughput of nine percent to 3.10 million TEUs, revenue of US$572.25 million up eight percent and EBITDA of US$354.20 million up five percent against the previous year. Pleasingly our net income …
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9 May
RCBC is PH’s back-to-back Best Trade Finance Bank, and 3-Peat for Best Cash Management Bank
The Rizal Commercial Banking Corp. (RCBC) was named the Best Trade Finance Bank for the third consecutive year, and the Best Cash Management Bank for the second straight year. The recognition was declared at the Global Banking and Finance (GBAF) awards, organized by the United Kingdom-based Global Banking & Finance Review. The GBAF awards recognize the global financial community’s innovation, …
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9 May
“Eurotel Hosts Successful Easter Egg Hunt Event Across 4 Branches
Eurotel, a popular hotel chain in the Philippines, organized an Easter egg hunt event for kids and families The event was held simultaneously at four different Eurotel branches in Las Piñas, Makati, and North Edsa and Vivaldi-Cubao, with a total of 500 participants. Eurotel is known for its convenient locations, modern amenities, and reasonable rates. The Easter egg hunt event …
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