The Market Monitor Minding the Nation's Business

Preference for premium rums and customization is a growing trend, with consumers favoring personalizing their drinking experience. Tanduay Senior Brand Manager and International Business Development Manager Marc Ngo said that the shift is led by the Generation Z market, who want more quality spirits, value individuality, and consider their choices as part of their self-expression. “They are willing to explore …

On 10 February 2023, a Signing Ceremony of Business Agreements was held as part of the 5-day Official Visit of President Ferdinand Marcos, Jr. to Japan. The ceremony was witnessed by President Marcos. Jr. which covered the signing of 35 business agreements, including a Memorandum of Cooperation (MOC) between the Philippines and Japan, awarding of Certificate of Gratitude to the …

After six years of hiatus, the Philippine Amusement and Gaming Corporation (PAGCOR) is reviving its nationwide photography contest for amateur and professional photographers – but this time, with bigger prizes at stake. With the theme, “Sa’n Tayo Next?”, the PAGCOR Photography Contest 2023 aims to highlight the unadulterated, yet equally beautiful places in the Philippines with tourism potential.  The photography …

Over 10,000 rice farmers from Panay Island in Western Visayas are expected to benefit from the top-of-the-line rice mill plant of Restia Rice Milling Corporation starting June 2023, while also helping to improve rice production and provide post-harvest facilities in the Province of Iloilo.  To be located in Brgy. Calaboa in the municipality of Leganes, the 2,472-square-meter rice mill plant …

The moment of thrill, fun, and excitement will come full circle to the Pipol as the 4th VP Choice Awards (VPCA) begin its voting period! VP Choice Awards is the country’s most engaged award-giving body produced by Red Entertainment, Inc. and Village Pipol.  The list of nominees was revealed in January, with nearly a hundred recognitions introduced under the travel, …

Contecon Manzanillo S.A. de C.V. (Contecon Manzanillo), a business unit of International Container Terminal Services, Inc. (ICTSI) and concessionaire of the Specialized Container Terminal of the North Zone of the Port of Manzanillo (TEC-II), is the first organization across the Mexican port industry to be certified carbon neutral. The Carbon Neutrality UNE-14064-3:2019 certification recognizes Contecon Manzanillo’s commitment to global initiatives …

The Land Bank of the Philippines (LANDBANK) and Pryce Corporation signed a P1.6-billion loan agreement to fund the expansion of the firm’s operations in real estate development and liquefied petroleum gas (LPG) distribution.  LANDBANK President and CEO Cecilia Cayosa Borromeo, Pryce Corporation Chairman Salvador P. Escaño and President Efren A. Palma led the signing on 27 January 2023 at the …

Etiqa Philippines’ insurance plan for mobile phones and electronic devices won the International Finance Awards (IFA) Best Insuretech Initiative in the Philippines for 2022. Gadget Protection is Etiqa’s first venture into embedded insurance with major e-commerce platforms that protects smartphones and other electronic devices users from unexpected repair costs brought about by unwanted incidents. “We remain steadfast in our commitment …

Manila Water bares the February desludging schedule for its customers in the East Zone of Metro Manila and Rizal Province. The water and wastewater concessionaire also advises its customers to coordinate with their respective barangay offices for the exact schedule of this service with no added cost. Rizal Province residents in barangays Mahabang Parang in Angono; Mahabang Parang, Binangonan; and …

Known for its full line of trendy, affordable and accessible makeup, Ever Bilena has come to be associated with the “OG” two-way cakes, sturdy wooden German brow pencils, trusty matte lipsticks, viral lip and cheek tints, and BB creams.   Ever Bilena had its humble beginnings producing nail polish back in 1983. Denice Sy, Ever Bilena’s Chief Sales & Marketing Officer, …