The Market Monitor Minding the Nation's Business

The Philippine peso ended the week better against the US dollar after climbing to the P55-level, but the main equities index shed anew as investors continue to take profit following last week’s rally. The local currency ended the trading at P55.71 a dollar from P56.1 on Thursday. It opened the day at P56.2 a dollar, an improvement from its P56.45 …

State pension fund Government Service Insurance System (GSIS) is set to release a total amount of P3.35 billion in Christmas cash gift to more than 328,000 old-age and disability pensioners starting December 6. “Alam namin ang Christmas cash gift ay  hinihintay  talaga ng aming GSIS pensioners at ito ang makapagpapasaya sa kanila ngayong Pasko.  Kaya simula December 6, na-credit na …

The province of Bohol is prominent as a haven of natural beauty, mouth-watering dishes, breathtaking tourist attractions, and locals known for hospitality and warmth to tourists. Recognized as the Jewel of the Philippines, cradling some of the country’s most precious wonders, this province boasts a thriving tourism industry which was then heavily impacted by the COVID-19 pandemic. As the industry …

Mindanao Container Terminal (MCT), International Container Terminal Services, Inc.’s (ICTSI) business unit in Misamis Oriental, has acquired a mobile harbor crane (MHC) to enhance capacity and boost productivity. The MHC will augment the terminal’s existing quay cranes to enhance overall vessel handling capability by enabling simultaneous handling of two longer ships. The MHC will be operational by December. Earlier in …

By Gem Suguitan Covid-19 pandemic at its height, elicited fear among the people. The future was uncertain. While the pandemic status has not yet been totally lifted, we can tell ourselves that we survived. What is in store in the future, no one can tell. But we can make do of the present to be worthy of living as citizens …

Reality Entertainment’s “On the Job: The Missing 8” has proven once more its worth as the crème de la crème film harvests in 2021 when Eddys Awards of the Society of Philippine Entertainment Editors (Speed) named it Best Film in its 5th year awards night held at the Metropolitan Theater in Manila. Six out of nine categories were won by “OTJ: …

A city that is known for its diversity and creativity, Baguio has done an excellent job in showcasing the rich and vibrant heritage of the Cordillera region and its people.  SM City Baguio, an avid supporter of the city’s commitment to the preservation of art and culture, has partnered with the Baguio Museum to further preserve and promote the city’s …

Nasugbu Batangas – 15 Tech-voc graduates received their certification on Shielded Metal Arc Welding (NCII) and Electrical Installation and Maintenance (NCII) during the recently held graduation ceremonies led by SM Foundation (SMFI).  SM, through SM Foundation, has been providing deserving and qualified students with access to technical-vocational studies to facilitate equitable access to employment opportunities since 1993. To date, SMFI …

Brankas, a leading Open Finance technology provider, has been appointed by Visa as its first regional partner to provide live access to its Open Data products.  For months, the two companies have been collaborating on data and money movement initiatives, where they had been leveraging each other’s expertise in Open Finance, global payments, and data intelligence. Todd Schweitzer, Brankas CEO/Co-Founder, …

The Overseas Filipino Bank (OFBank) is giving Filipinos and their families, here and abroad, a simple and more convenient way to get into investing through its mobile banking app.  In 2020, the country’s first branchless digital-only bank started offering the Bureau of the Treasury’s (BTr) Premyo Bonds2, Retail Treasury Bonds (RTBs) and Retail Dollar Bonds (RDBs), in line with the …