The Market Monitor Minding the Nation's Business

As part of the company’s steadfast commitment to protecting enterprises against constantly evolving security threats, Globe Business and its managed ICT services partner, Yondu, have officially launched a dedicated state-of-the-art Security Operations Center (SOC) last February 23 at Taguig City. The advanced technology and secure operations of this local SOC provides fortified cyber intelligence, enhancing the management and maintenance of …

Digital kidnappers are after enterprises in Southeast Asia (SEA). Global cybersecurity company Kaspersky predicts the trend will continue this year and beyond, albeit in more sophisticated and targeted ways. Ransomware is a type of malware that locks one’s computer and mobile devices or encrypts one’s electronic files. To get the “decryption” key or to get your data back, a ransom …

UNIQLO Philippines and SM Foundation recently collaborated to send additional aid to communities hit by Severe Tropical Storm Paeng. About 43 high-risk barangays in Zamboanga Del Sur, Rizal, Laguna, Cavite, Batangas, Pampanga, Bulacan, Isabela, and Cagayan received Emergency GoKit+, with the distribution led by SM employee-volunteers. An SM employee-volunteer from SM City Marilao prepares the Emergency GoKit+ for distribution. The …

Cebu Pacific passengers are in for a special treat as the Philippines’ leading airline launches its “March Pinabongga” month-long seat sale in celebration of its 27th anniversary. From 10 a.m. on March 1 until March 31, CEB travelers can book their flights and fly right away across the airline’s widest domestic network for as low as P199 one-way base fare, …

Mayor Sebastian “Baste” Duterte and the City Government of Davao hosted the #MICECON2023 Mayor’s Night Dinner featuring the 11 tribes of Davao at SM Lanang Premier. MICECon is one of the most sought-after events this year as it knits together all sectors involved in the MICE industry. Happening until March 3 at SMX Convention Center Davao.

In line with President Ferdinand Marcos Jr.’s commitment to attain food security for the country, the Department of Agriculture’s Agricultural Credit Policy Council (DA-ACPC) has launched the Agri-Negosyo (ANYO) Loan Program for Onion Farmers to provide local producers easy access to credit loans for facilities, machineries, and other equipment. The DA-ACPC’s loan program will pave the way for affordable yet …

Prominent Filipino women – some coming from indistinguishable family lineage – have been recorded in the annals of Philippine history, making their mark in various fields and throwing women power into the limelight through the decades. Starting with Filipinas who played important roles in the Katipunan – Gabriela Silang, Gregoria de Jesus, Leona Florentino, Teresa Magbanua and Marina Dizon – …

Officials at the Intellectual Property Office of the Philippines (IPOPHL) and the multinational consumer goods company Procter and Gamble (P&G) met in January 2023 to work jointly towards measures that would help business owners better protect their brands against intellectual property (IP) infringing activities. Headlining the P&G delegates were Senior Vice President Shelley Duggan, Director and Assistant General Counsel Zaheera …

The National Economic and Development Authority (NEDA) maintains its resolve to address high inflation and sustain the country’s rapid recovery in the year ahead amid challenges in domestic and global markets.   On February 28, 2023, the Development Budget Coordination Committee (DBCC) briefed the House Committee on Appropriations on the country’s current macroeconomic situation and growth prospects in light of …

The Department of Trade and Industry – Fair Trade Enforcement Bureau (DTI-FTEB) outlines its 2022 initiative upturns as the implementing arm mandated to regulate businesses; handle complaints and provide redress; conduct market surveillance to determine price and supply availability; and enforce trade and industry laws including compliance to standards.  Last year, the DTI-FTEB issued a total of 40,855 licenses, permits, …