The Market Monitor Minding the Nation's Business

U.S.-based EōS Organization, a global leader in energy solutions, has signed two memoranda of understanding (MOUs) to support the development of the Philippines’ civil nuclear workforce. The agreements, signed Friday in Makati City, were made with the Philippine-American Educational Foundation (Fulbright Philippines), as well as the Mindanao State University-Iligan Institute of Technology (MSU-IIT) and the Valar Atomics Research Institute (VARI). …

Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. emphasized the need for strong partnerships with stakeholders to enhance the security, accessibility, and simplicity of the country’s digital financial ecosystem. Speaking recently, Remolona highlighted the importance of ensuring a safer digital space, citing the Anti-Financial Account Scamming Act (AFASA), which aims to combat fraud, scams, and fake accounts. The law’s …

The Philippines’ balance of payments (BOP) swung to a surplus of $3.1 billion in February 2025, marking its highest level in five months, according to data released by the Bangko Sentral ng Pilipinas (BSP) recently. This surplus marks a sharp turnaround from the $196 million deficit recorded in the same month last year and is the biggest since the $3.52 …

The total resources of the Philippine financial sector grew by 7.9% in January 2025, reaching P33.66 trillion from PHP31.18 trillion in the same period last year, according to preliminary data from the Bangko Sentral ng Pilipinas (BSP) released recently. Banks remained the primary driver of this expansion, with their total resources rising to P27.5 trillion, up from P25.62 trillion in …

The Bureau of the Treasury (BTr) successfully raised P30.8 billion from its Treasury bill (T-bill) auction last week, surpassing the initial P22 billion offer due to strong investor demand. According to the BTr, total bids reached P118.9 billion, making the auction 5.4 times oversubscribed. This prompted the Auction Committee to double the accepted non-competitive bids for the 91-day and 182-day …

Hiligaynon full-length film Salum directed by TM Malones and Mindanaoan short film Champ Green were honored the top prizes in their respective categories at the second edition of the wildly successful Puregold CinePanalo Film Festival. At the awarding ceremony, held on March 19 at The Elements, Eton Centris in Quezon City, Salum took home four Puregold CinePanalo trophies in the …

By Jinky Jorgio Officials from the Department of Public Works and Highways (DPWH) and the Asian Development Bank (ADB) officially launched  the consultative meeting for the proposed Central Luzon-Pampanga River Floodway Project and the Integrated Flood Resilience and Adaptation 2 (InFRA 2) Project that focuses on three major river basins in Luzon, Visayas, and Mindanao. The kick-off meeting  last March …

The Metropolitan Manila Development Authority (MMDA) and the San Juan City government have signed an agreement for the construction of a sustainable linear park along the San Juan River. MMDA Chair Romando Artes and Mayor Francis Zamora signed a memorandum of agreement (MOA) for the development of the park and applying nature-based solutions during the groundbreaking ceremony at the San …

Digital infrastructure service provider Beeinfotech PH has inaugurated a $150-million data center in Pasig, touted as one of the largest ‘telco-neutral’ facilities of this kind in the country. The company recently held a ribbon-cutting for HIVE Hybrid Data Center, described as a “highly advanced” facility with over 3,600 racks across its 43,000-square-meter footprint. Beeinfotech PH Chief Executive Officer and President …

The Department of Human Settlements and Urban Development (DHSUD) will build 3,000 housing units in Toledo City, Cebu, as part of its flagship housing project. A tripartite memorandum of agreement, under the flagship project of President Ferdinand Marcos, Jr  dubbed as Pambansang Pabahay para sa Pilipino Program (4PH), was signed by DHSUD, together with the city government of Toledo and …