The Market Monitor Minding the Nation's Business

A strategy plan is now being developed by the Department of Agriculture (DA) that will promote the planting of hybrid seeds to 1.5 million hectares of rice land during the dry season, Agriculture Assistant Secretary for Operations Arnel De Mesa said during a briefing on Thursday, February 16. This was after President Ferdinand R. Marcos Jr. approved the adoption of …

Oil companies will adjust fuel prices on Tuesday. In separate advisories, Caltex, Cleanfuel, Jetti, Petro Gazz, PTT, Seaoil and Shell said they will increase gasoline prices by PHP0.90 per liter and PHP1.05 per liter on diesel prices. On the other hand, Caltex, Seaoil and Shell will roll back kerosene prices by PHP0.25 per liter. Outlook for oil demand from China …

Jayson Tatum broke the all-time single-game record for most points made in an NBA All-Star Game as he lifted Team Giannis to a 184-175 win against Team LeBron in the 2023 edition of the league’s midseason classic on Monday (Philippine Time) at the Vivint Arena in Salt Lake City. Tatum took over when his team’s skipper, Giannis Antetokounmpo, left the …

Every fourth business executive in Southeast Asia (SEA) prefers not to flag lack of understanding when discussing cybersecurity issues. A recent Kaspersky study also reveals one in ten C-level managers have never heard of threats such as Botnet, APT and Zero-Day exploit. The same proportion appeared to be unfamiliar with cyber security concepts like DecSecOps, ZeroTrust, SOC and Pentesting. According …

Ayala Foundation and Mitsubishi Corporation recently renewed their commitment to support the youth sector through a memorandum of understanding for the Maging Magiting Youth Leadership Program (MMYLP). The yearlong partnership aims to prepare students to be leaders of the future and help the youth develop a stronger love of country through active citizenship. The donation from Mitsubishi will enable 250 youth leaders to engage …

The Philippine Airlines Interclub starts its reboot on Wednesday with Seniors action, a division usually reserved for players who are calculating and reserved.  This year could be the exception as the 72-hole championship for those 55 years old and above will see four new faces who are used to the aggressive play, which could ultimately spell the difference for their …

Fortifying its position as the undisputed and leading digital challenger bank, Rizal Commercial Banking Corporation (RCBC) through its financial inclusion super application DiskarTech is the first digital bank to accept QCitizen ID as one of its acceptable primary IDs in opening a basic deposit account.  To further entice the residents of Quezon City, the award-winning app gives all new users …

The Department of Trade and Industry (DTI), through the Bureau of Philippine Standards (BPS), has prevented the sale and distribution of 600 pieces of substandard equal-leg steel angle bars worth Php 0.74 million.   The said substandard steel products were found non-conforming to the elongation requirement of Philippine National Standard (PNS) 657:2008 (Hot-Rolled Steel Sections – Equal-Leg Angles – Specifications) as …

The Philippine Amusement and Gaming Corporation (PAGCOR) gave renewed hope to the locals of this flood-prone town after it unveiled on February 17, 2023 the newly constructed two-storey multi-purpose evacuation center (MPEC) in the town’s Brgy. Maydaso. According to Milaor Mayor Anthony R. Reyes, the new evacuation facility in their town assured the safety of his constituents as well as …

Joining hands after the ceremonial tee-off ushering in the 74th Philippine Airlines Interclub golf team championships at the Alta Vista Golf Club are (from left) Junior Golf Foundation of the Philippines chairman emeritus Tommy Manotoc, Sam Pagdanganan, Irene Tan, Cebu City Mayor Michael Rama, Bianca Pagdanganan and PAL president Capt. Stanley K. Ng. (Photo by Alan Tangcawan)