The Market Monitor Minding the Nation's Business

Mobile service provider Smart Communications has launched a facility for research, development and testing of 5G or fifth generation wireless technologies that it says will boost their delivery of Internet services to subscribers.

Girls are twice as prone to smartphone addiction than boys, likely because they use more social networking and messaging services, according to research results released recently.

National Economic and Development Authority (Neda) undersecretary Rosemarie Edillon expressed confidence that the improving performance of the country’s labor force and manufacturing sector will spur forward the country’s economy in the second quarter of 2018.

The Philippines stands to benefit from China’s new world order, as the Asia’s economic giant is bullish in opening its market in response to external headwinds due to trade protectionism.

The International Finance Corp. (IFC), a sister organization of the World Bank, was asked by the government to help set up a digital banking system for the Overseas Filipino Bank (OFB) to keep it abreast of the rapid advances in technology and clear the way for its partial privatization in the future, Finance Secretary Carlos Dominguez said.

By Ben Cal MANILA – Defense Secretary Delfin N. Lorenzana has sworn in former Sandiganbayan Justice Manuel R. Pamaran as the president of the Veterans Federation of the Philippines (VFP).

The Philippine Economic Zone Authority (Peza) is encouraging local government units (LGUs), private landowners and business groups to have their lands converted into an economic zone to enhance their development potential.

The Philippines would be able to achieve broadband Internet speed of at least 50 megabits per second (Mbps) for the next three years if the government can come up with policies that expedite the installation of cell sites across the country according to major telco firm Globe Telecom.

International Container Terminal Services, Inc.’s (ICTSI) flagship Manila International Container Terminal (MICT), the Philippines’ leading international trading gateway, is now capable of handling the world’s largest container ships after taking delivery of three new cranes–a pair of Neo-Panamax quay cranes and a Post-Panamax quay crane–on Thursday, June 7.

Epson has been named the number one projector brand in Philippines as well as worldwide by Futuresource Consulting, having held the leadership position for 17 consecutive years. The milestone reflects Epson’s continued market leadership and constant innovation in the visual imaging industry.