The Bangko Sentral ng Pilipinas (BSP) and the National Bureau of Investigation (NBI) led enforcement operations in Pampanga and Tarlac on 19 January 2022 that resulted in the arrest of four suspects. During the operations, a total of 161 counterfeit Philippine currency banknotes and 78 fake foreign banknotes were confiscated. The four suspects were charged with violating Article 168 in relation …
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March, 2022
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21 March
Retail Reimagined: How Technology is Changing the Retail Game
The conversations about how the pandemic has changed the way retailers do their business continue, especially since retailers still face significant shifts amid the ‘never normal.’ In a virtual event, ‘Retail Reimagined: How Technology Changes the Game of Retail in 2022,’ hosted last January by the Philippine Retailers Association (PRA) and co-presented by SAP SE (NYSE: SAP), Gabriel Lorenzo Santos, Industry Business …
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21 March
CREATE Philippines calls on Filipino Creatives to be part of international directory
More Filipino creatives continue to make a name for themselves beyond Philippine shores. Inside Out animated film co-director Ronnie Del Carmen, Netflix’s Trese writer Budjette Tan and illustrator Kajo Baldisimo, and thespian Rachel Ann Go are just some of the talents who have been celebrated around the world in recent years. According to data presented by Paolo Mercado, president of …
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21 March
How sustainability is now a key driver of innovation
Recently, more companies are embracing sustainability as an integral part of their business. Business leaders consider sustainability a strategic priority for their businesses since long-term business viability can be achieved by improving efficiency, reducing waste and carbon footprint. It also helps that by remaining relevant to its stakeholders, having sustainable business practices can help improve brand image and generate wider brand …
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21 March
Two-year pandemic uncovers stronger buying appetite in Rizal
As the number of COVID-19 cases goes on a downward trend and the vaccination program continues, property stakeholders address stronger buying appetites in regions outside Metro Manila. Growing from the Global Crisis Demand for properties for sale on Lamudi showed a slight uptick at the start of pandemic-induced restrictions last March 2020, highlighting the importance of having a safe home …
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21 March
Manila Water hits record 13.7B CAPEX for 2021
Manila Water marked another milestone as it finished 2021 with 13.7B Php in capital expenditures (CapEx), beating the 10.7B Php record in 2020 despite the continued challenges posed by the COVID-19 pandemic. This is the highest CapEx record since the privatization of water service in the East Zone in 1997. Major components of the investment are the construction of new …
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21 March
HID Global Introduces the World’s Fastest Retransfer Printer for Personalizing ID Cards
HID Global, a worldwide leader in trusted identity solutions, today announced its latest release of the HID® FARGO® HDP6600 printer under the HID FARGO brand, the most trusted name in ID card printers. Built on six generations of proven retransfer technology and the fastest retransfer printer on the market today, the HIDFARGO HDP6600 high-definition printing and wasteless lamination solution delivers reliable, high-volume, high-quality card and …
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21 March
LANDBANK loans reach almost P31-B for pandemic-hit co-ops, businesses
The Land Bank of the Philippines (LANDBANK) has approved loans totaling P30.96 billion as of end-January 2022 to help cooperatives and local businesses recover from the impact of the COVID-19 pandemic. Through the I-RESCUE (Interim REhabilitation Support to Cushion Unfavorably affected Enterprises by COVID-19) Lending Program, LANDBANK has supported a total of 687 borrowers, composed of 462 micro, small and …
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21 March
Mercedes Cabral in historical film
As versatility beckons, actress Mercedes Cabral isn’t disrobing this time as she’s fully clothed, donning a baro’t saya (dress and long skirt) in most of her scenes. Mercedes is one of the main leads in the historical film “Ang Bangkay,” a 2012 Carlos Palanca Memorial Awards for Literature Full-Length Play Grand Winner. Instead of Nonilon Queaño’s theater piece of the same title …
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21 March
DTI reports threefold increase on retail value of confiscated products
The Department of Trade and Industry-Fair Trade Enforcement Bureau (DTI-FTEB) reported a threefold increase on retail value of confiscated products in the National Capital Region (NCR) from January 1 to February 28, 2022. A total of 7,551 pieces of uncertified products, with a retail value of Php1,401,189.05, were cracked down by the DTI-FTEB through random inspection activities for the first …
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The Market Monitor Minding the Nation's Business