The Market Monitor Minding the Nation's Business

State-run Land Bank of the Philippines (LANDBANK) remains aggressive in extending affordable financing for individual farmers and fishers, and other players in the agriculture value chain through loan programs jointly implemented by the Bank with the Department of Agriculture (DA).  The third run of the LANDBANK AgriSenso Virtual Forum on 19 September 2022 featured loan availers, namely Kuvi Integrated Farm …

By Mike G. Jamisola A thanksgiving mass and flag-raising ceremony attended by hundreds of senior citizens, officials of the National Commission of Senior Citizens (NCSC) and Quezon City government, kicked off the national opening of Filipino Elderly Week at the QC Hall grounds yesterday. Meanwhile, NCSC Chairman Atty. Franklin Quijano led the simultaneous nationwide celebration by attending a gathering of …

Higher prices of electricity and key food commodities are expected to push domestic inflation rate in September 2022 to between 6.6 to 7.4 percent, higher than the previous month’s level. In a statement on Friday, the Bangko Sentral ng Pilipinas (BSP) said depreciation of the Philippine peso against the US dollar is also projected to be among the factors for …

Finance Secretary Benjamin E. Diokno and South Korea Deputy Prime Minister Kyungho Choo formally exchanged the final draft of the Framework Arrangement that will enable the Philippines to access South Korea’s Economic Development Cooperation Fund (EDCF) for the Marcos administration’s infrastructure development program. “We express our deep gratitude to South Korea — one of our largest [Official Development Assistance (ODA)] …

With the easing of global pandemic restrictions, it is high time for the Philippine travel and tourism industry to get a jumpstart. That is why on Thursday, September 29, President Ferdinand “Bongbong” Marcos Jr. (PBBM) met with the Private Sector Advisory Council (PSAC) Tourism Sector to shore up plans to develop a globally competitive Philippine tourism industry and support the …

The Securities and Exchange Commission (SEC) has advised the public against investing in Lodi Coins, a supposed virtual currency offered on social media without the necessary licenses from regulators.  In an advisory dated September 29, the Commission flagged the public offering of Lodi Coins by Lodi Technologies Incorporated without securing from the SEC the required order of registration of securities …

Most people think that when one reaches the senior age of 60 and above – he or she would just slow it down, take it easy and just enjoy retirement but for these three indefatigable personalities, life simply doesn’t stop with ageing as they continue to do charity works and volunteerism to help the less fortunate people. As part of …

Ripple, the leader in enterprise blockchain and crypto solutions, today announced that I-Remit, the largest non-bank remittance service provider in the Philippines, will expand its use of Ripple’s On-Demand Liquidity (ODL) solution to improve its cross-border treasury flows. As a partner of Ripple since 2018, I-Remit is an early adopter of ODL and has been using the blockchain-enabled enterprise solution …

To prioritize the safety of our customers and Metrobankers, affected Metropolitan Bank & Trust Co. (Metrobank) branches by typhoon Karding (international name: Noru) in Northern and Southern Luzon will be closed today, September 26. Meanwhile, Metrobank Online—its internet banking platform—the Metrobank Mobile app, Metrobank’s automated teller machines (ATM) and cash acceptance machines (CAM) are online and available for customers to …

From enabling more Filipinos to own their dream home, to providing them with future-proof developments that respond to the demands of the new normal — SM Development Corporation, “Developer of the Year” at the DOT Property Philippines Awards 2022, continues to add value to the everyday lives of its residents and investors. The trailblazing developer, known for pioneering integrated living …