Tagaytay City has long been known for its cool climate, stunning views and serene lifestyle. But beyond its charm, Tagaytay is fast becoming a hotspot for investment and residential development, drawing both locals and tourists alike. The allure of mountain living is undeniable as it offers a fresh escape from the bustle of urban life. It’s no wonder that Tagaytay’s …
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By Rose de la Cruz The International Monetary Fund is giving a more realistic projection for the country’s economic growth citing the continued elevated inflation which would likely continue to weigh on domestic demand. The IMF cut the country’s gross domestic product outlook for 2024 to 5.8 percent from its previous 6 percent projection and for 2025 at 6.1 percent, …
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By Rose de la Cruz For the sake of transparency and to reduce fraud and misuse of funds– frequently occuring in the bidding and awarding of procurements and projects– the World Bank is urging the government to increase the participation of civilian watchdogs in such processes. “Civil society organization (CSOs) often act as watchdogs, ensuring that the bidding process is …
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By Rose de la Cruz The Asian Development Bank, long regarded as a meticulous and prudent lender of mostly Asian governments, is facing intense scrutiny over its oversight in the controversial airport fee hikes, which had not passed through the Cabinet for approval, making President Marcos very angry. A source of Bilyonaryo said industry stakeholders are asking why ADB– the …
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The Movie and Television Review and Classification Board (MTRCB) has rated (6) films set to hit the big screen, showcasing a blend of local and international cinematic creations. “Maple Leaf Dreams,” a local drama dealing with love and ambition, and starring Kira Balinger and LA Santos, earned a PG rating from MTRCB Board Members (BMs) Katrina Angela Ebarle, Racquel Maria …
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Manila, October 2, 2024—From September 24 to 27 in Cebu City, the United States Peace Corps and the Philippine National Volunteer Service Coordinating Agency (PNVSCA) trained 52 representatives from the government, civil society, and private institutions across the country to strengthen the Philippine Volunteer Service Program and help foster a culture of volunteerism in the Philippines. The workshop, co-facilitated by …
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By Nicole Hermione Atayde TAGUIG, Philippines—CIVIC Merchandising Incorporated, a leading force in the heavy equipment sector, recently celebrated its 50th anniversary with a grand event attended by its valued partners and esteemed guests last September 17. Established in 1974, CIVIC has evolved from a spare parts business to selling used equipment and becoming a dealer of major international brands such …
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The bandwagon rollout of fifth generation (5G) wireless technology has paved the way for a new era of connectivity in the digital landscape. While the earlier generations like 2G up to 4G have advanced network connectivity and ushered in groundbreaking HD streaming and video conferencing capabilities, the advent of 5G, by far, a monumental leap forward. Compared to its 4G …
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The U.S. Embassy in the Philippines invites students and parents to attend the 9th EducationUSA University Fair in Manila on October 8, from 3:00 p.m. to 8:00 p.m., at the Atrium of One Ayala Mall, Makati City, to learn more about study abroad opportunities in the United States. Forty-three U.S. colleges and universities will participate in this year’s event, making it …
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Manila International Container Terminal (MICT), the flagship of International Container Terminal Services, Inc. (ICTSI) at the Port of Manila, received the inaugural call of CMA CGM Passion—the first liquefied natural gas (LNG)-powered container vessel to dock at the terminal—on 26 September. The 7,327-TEU CMA CGM Passion operates under CNC’s KCS service, which offers direct sailings between South China and the …
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The Market Monitor Minding the Nation's Business