The Market Monitor Minding the Nation's Business

Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona, Jr. discussed price stability, post-pandemic economic recovery, and climate change at the first-ever Philippine Economic Briefing (PEB) in Toronto, Canada on 13 July 2023. He said the central bank’s flexible inflation-targeting framework mandates the BSP to be “structurally hawkish when it comes to inflation” and to focus mainly on price stability. …

Sustainability is everybody’s business.  Mother Earth is our home and we need to pull together to take care of it. One concrete step we can take is to reduce our plastic waste. Plastic is a major pollutant and cutting down on it makes a difference. Iya Villania Arellano understands this problem and  advocates responsible earth-friendly consumption, “We cannot go through …

Bulk of Philippine businesses plan a full-scale cloud migration in two years, while some of them seek to increase their investment in cloud in 2023, a survey entitled “The Next-Generation Cloud Strategy in Asia” revealed. The survey was commissioned by Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group. The survey found that the surge of interest among …

Manila Water renews the call to its customers to avail of desludging services for the month of August to help protect our waterways. To support this call, the company continues to field its siphoning trucks and coordinates with barangay offices to encourage communities to avail of this service at no additional cost. In the City of Manila, residents of barangays …

In line with advancing the shift towards cashless transactions, the Land Bank of the Philippines (LANDBANK) is helping store owners in Victorias Commercial Center to embrace the use of digital payments.  Juliet de la Torre is among the local vendors with a LANDBANK account who has adopted the use of Quick Response (QR) technology to accept payments, since the recent …

A Cavite-based restaurant with a premium flair is positioning itself as a go-to wedding venue and events place by going digital in its operations and offering fiber-fast connectivity to customers.  Running a restaurant with world-class dishes – the likes of salmon saffron and sea bass are on the menu – requires acquiring a world-class management system that is at par …

As part of the intensified inter-agency effort to address all illegal activities being linked to offshore gaming operations in the country, the Philippine Amusement and Gaming Corporation (PAGCOR) announced that it has introduced a new regulatory framework for offshore gaming licensees. During the Senate Committee Hearing on August 2, 2023, PAGCOR’s Assistant Vice President for Offshore Gaming Licensing Atty. Jessa …

More than 30,000‬ food and non-food packs worth over P17 million have been delivered by the Philippine Amusement and Gaming Corporation (PAGCOR) to the provinces of Ilocos Sur, Ilocos Norte, Abra and Baguio City, which were among the areas battered by Super Typhoon Egay in Northern Luzon. On August 01, 2023, the agency handed out a total of 1,969 food …

The highly-anticipated INDX3 Summit, an annual gathering of the country’s forward-thinking fintech industry leaders, is set to take place on August 7 to 8, 2023 at Shangri-La The Fort, Taguig City. Themed “Creating What’s Next In Digital: Dare-Drive-Defy”, the summit promises to be a monumental convergence of expertise and insights with the digital industry’s shakers and movers including regulators and …

Heating, ventilation, and air conditioning (HVAC) systems have long been the cornerstone of indoor comfort, providing occupants of both residential and commercial buildings with temperature-controlled air. HVAC provides ‘thermal comfort,’ keeping inside temperatures and humidity levels within a range that is comfortable for humans. This range, which can vary significantly depending on the time of year, and various other factors, …