The Market Monitor Minding the Nation's Business

Mapúa University demonstrated its spirit of volunteerism and community involvement during the culmination of Paskong Mapúan 2022 at its Intramuros campus. Aptly themed “Tayo ang biyaya sa kapwa,” the university-wide celebration highlighted the impact of the educational institution’s civic engagement towards community development.  The month-long festivity began with a symbolic tree lighting ceremony and the launch of the student-led Christmas Village. These …

As the holiday season is upon us, we all know that enjoying our time with family and friends over delicious food takes center stage during this magical time. Dylan Patisserie knows exactly how to stimulate your appetite with their array of dazzling products. The European-style bakery offers a range of luscious artisanal cakes, French pastries, homemade chocolates, cookies, macaroons and …

The 3-day National Commission of Senior Citizens (NCSC) annual Team-building and Commissioners’ En Banc Meeting started here today with a rare mix of strategic planning, assessment and celebration for the holiday season. Day one activities include the NCSC 2022 year-end assessment and team-building, which focussed on the essential plans and goals towards the progressive development and thrusts towards appropriate execution …

THE number of communities with permanent emergency facilities and newly-built houses continue to rise after the Philippine Amusement and Gaming Corporation (PAGCOR) inaugurated a Multi-Purpose Evacuation Center (MPECs) in Cabuyao City, Laguna and a PAGCOR Village in Agoncillo, Batangas on December 16, 2022. The opening of the PAGCOR Village in Barangay Coral na Munti in Agoncillo could not have come …

While most Filipinos have adjusted to the new normal, and access to COVID-19 vaccines have made it safer to travel now than the previous two years, many of us are still facing the challenges of navigating various travel threats. On top of COVID-19 and the threat of seasonal viruses such as influenza and RSV (respiratory syncytial virus), would-be travelers also face …

This Christmas, mark your calendars and book your stays now as Belmont Hotel Mactan welcome guests on its soft opening starting December 16, 2022!   Leading the 1.9 billion worth property with 550 rooms is General Manager, Johnson Del Valle. With two decades of local and international hospitality experience under his belt, he shares that “Choosing Belmont Hotel Mactan means enjoying …

Now in its seventh year, the Kasambahay Kasambuhay Pilipinas Awards, a joint endeavor of the Junior Chamber International Senate Philippines, Inc. (JCI) and Palawan Pawnshop Group, has named 10 household workers as this year’s Top 10 Kasambahays. Each winner will get Php100,000. The Top 10 winners are Regimar Cabrera, Rolly Rosero, Edwin Mugdan, Susana Berlas, Milagros Diorec, Myrna Domingo, Daisy …

At its meeting on monetary policy today, the Monetary Board decided to raise the interest rate on the BSP’s overnight reverse repurchase facility by 50 basis points to 5.5 percent, effective 16 December 2022. Accordingly, the interest rates on the overnight deposit and lending facilities will be set to 5.0 percent and 6.0 percent, respectively. The BSP’s latest baseline forecasts …

Since 1997 when it took over the operations of the water system of the East Zone, Manila Water has been steadily expanding rehabilitating, replacing, and expanding its waterlines to reach more customers within its concession area. As of September 2022, the water concessionaire has laid and now maintains a total of 5,362.73 kilometers of water pipelines supplying clean and potable …

Contecon Manzanillo (CMSA), International Container Terminal Services, Inc.’s (ICTSI) subsidiary in Mexico, recently commenced its third phase expansion project, which will increase its capacity from 1.4 million to more than two million TEUs within the next five years. CMSA Chief Executive Officer José Antonio Contreras led the project inauguration together with Colima Governor Indira Vizcaíno Silva, Commander Rubén Alfonso Suárez of the 10th Naval Region, Admiral José Rafael …