SEC hailed top performing agency in FOI Program

The Securities and Exchange Commission (SEC) was recognized as one of the top performing agencies in the implementation of the Freedom of Information (FOI) Program of the Executive Branch, proof of its commitment to transparency by ensuring open access to information. The Presidential Communications Office, led by its FOI-Project Management Office, presented the award, given to government agencies with 500 …

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The Market Monitor founded on Feast of Immaculate Conception

December 8 marks the ninth anniversary of The Market Monitor: Minding the Nation’s Business, one of the most sought-after business newspapers, offering a different view of the latest financial developments in the Philippines. Aside from the latest business and financial news, The Market Monitor also takes pride in its reports on banking and finance, motoring, games and gaming, gadgets and …

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Manila prime residences log rapid price growth

The Philippine capital has logged the fastest growing price in luxury residential market across the world, real estate consultancy firm Santos Knight Frank (SKF) said. In a press conference in Makati City on Friday, the SKF said the price growth of Manila’s prime residences was recorded at 21.2 percent over the past 12 months and at 19 percent in the …

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Didipio honored anew as safest underground mine

The Didipio Mine bagged its second consecutive safest underground mining operation award at the 69th Annual National Mines Safety and Environment Conference (ANMSEC) in Baguio City. Atty. Joan Adaci-Cattiling, Didipio Mine President and General Manager for External Affairs and Social Performance, said that the award is a testament to the company’s commitment to having not only a safe working environment …

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GSIS, JICA link-up to bolster protection of state assets

The Government Service Insurance System (GSIS) partners with the Japan International Cooperation Agency (JICA) to improve the protection of public properties and assets against disasters. On the instruction of President Ferdinand Marcos Jr., the GSIS is working with the Department of Finance in building up capacity in all the aspects of public insurance including underwriting, loss control and management, insurance …

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Government economic strategies in place to sustain growth and resilience

Finance Secretary Benjamin E. Diokno shared with the Malacañang press corps on November 28, 2023 the Philippine government’s strategies to sustain robust economic growth and resilience amid the global economic slowdown, following his presentation to President Ferdinand R. Marcos, Jr. in a high-level sectoral meeting on the same day. The Philippine economy grew by 5.9 percent in the third quarter …

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Protests calling for permanent ceasefire in Palestine held

Thousands of activists in Asia held protests in six countries last November 23 to amplify the growing worldwide clamour for an immediate permanent ceasefire in Palestine, where the brutal occupation by Israel-led forces has caused the countless loss of human lives.  Civil society groups from around the world marked November 23 as the Global Day of Action in Solidarity with …

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BOC modernization, enhanced trade facilitation rank Philippines 2nd-best in ASEAN region

The Bureau of Customs (BOC)’s progress in modernizing customs administration and enhancing trade facilitation under the leadership of Finance Secretary Benjamin E. Diokno has driven the Philippines to rank second-best among Southeast Asian (ASEAN) nations in the 2023 United Nations Global Survey on Digital and Sustainable Trade Facilitation.  The Survey, jointly conducted by various UN bodies, covers over 160 economies around the …

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EU recognizes Phl’s progress in GSP Report

The European Union’s Fourth GSP Report, released recently, recognized the important strides made by the Philippines’ current administration and its commitment to GSP+ compliance. Department of Trade and Industry (DTI) Secretary Fred Pascual emphasized that the constructive dialogues within the GSP+ framework paved the way for the Philippines to address points of concerns.  “The EU GSP+ is beneficial both for …

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From challenges to change: SM Foundation and SM Prime build new school facility in Laguna

Overcrowded classrooms, insufficient learning time, inadequately designed learning spaces, and teacher dissatisfaction pose challenges to the Philippine education system. The challenges faced by the Philippine education system are multifaceted. With inadequate time for instruction, students are unable to grasp concepts thoroughly, leading to a compromised educational experience. Non-conducive learning environments contribute to an atmosphere that hampers intellectual growth. These challenges …

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