The Market Monitor Minding the Nation's Business

Personal remittances from Overseas Filipinos (OFs) in September 2023 reached US$3.23 billion, 2.6 percent higher than the US$3.15 billion recorded in the same month last year. The growth in personal remittances in September 2023 was driven by increased remittances from 1) land-based workers with work contracts of one year or more and 2) sea- and land-based workers with work contracts of less than …

Laguna Water holds interactive learning sessions among public school learners to encourage the youth to take part in ensuring water sustainability. Highlighting the fact that climate change and environmental degradation put water quality and quantity at risk, employee volunteers of the company dedicate their day to teaching over 250 Grade 7 students of Don Jose Integrated High School, Santa Rosa …

Operadora Portuaria Centroamericana (OPC), International Container Terminal Services, Inc.’s Honduran subsidiary operating in Puerto Cortés, has obtained the Great Place to Work® certification in Honduras. Great Place to Work® is the global authority on workplace culture. Since 1992, the firm has surveyed more than 100 million employees worldwide and has used their deep insight to define what makes a great …

Farmers in Region 4-A (CALABARZON) are still enjoying high farmgate prices for palay at P16 to P19 per kilogram for fresh and P21 to P23 for dry despite delays in harvesting their ‘pahabol’ crop to recover from the losses of their wet season crop from typhoons and habagat in recent months. “Since 2019, these prices are the highest level yet …

Autobot Offroad PH recently announced their selection of businesswoman and construction magnate Lyn Macanas as their brand ambassador and image model for Autobot’s mega display at the Manila Auto Salon of 15 modified pickup trucks and SUVs. “Madam L” as Macanas is fondly called, owns ALL these fifteen tough-looking modified vehicles. “I just love big things!”, Madam L exclaimed while …

SM Investments Corporation (SM Investments) was recognized for the fourth time, in the Forbes’ World’s Best Employers 2023 list in partnership with market research firm Statista.  “Looking after the overall wellness of our employees is imperative as they are the lifeblood of our organization.  Anchored on our founder’s values, we continue to nurture a positive company culture, providing purposeful work …

Sooner or later (most) parents inevitably get around to buying their kids their own electronic device. According to Kaspersky’s research, 61 percent of children get their first device between the ages of eight and 12, and, perhaps surprisingly, in 11 percent of cases, they’re given their own cell phone or tablet before they turn five. It’s essential for parents to …

Whenever tropical cyclones or days of incessant rains batter the low-lying communities here, many locals are forced to move to safer grounds, leaving their submerged homes behind. Thus, as part of its efforts to mitigate the loss of lives in disaster-prone areas, the Philippine Amusement and Gaming Corporation (PAGCOR) on Saturday, November 10, formally inaugurated its first multi-purpose evacuation facility …

Rio Brasil Terminal (RBT), International Container Terminal Services, Inc.’s (ICTSI) business unit operating at the Port of Rio de Janeiro in Brazil, recently welcomed the inaugural call of the Sirius/Neo Bossa service jointly operated by CMA CGM and Maersk.  The start of the weekly service in RBT was marked by the arrival of the 9,000-TEU Maersk Lota followed by the 10,000-TEU CMA CGM …

Preliminary data showed that domestic liquidity (M3) grew by 7.9 percent year-on-year to about ₱16.6 trillion in September  from 6.8 percent in August. On a month-on-month seasonally-adjusted basis, M3 increased by about 1.0 percent. Domestic claims expanded by 9.5 percent year-on-year in September from 9.3 percent (revised) in the previous month. Claims on the private sector grew by 6.3 percent …