The Market Monitor Minding the Nation's Business

The Bangko Sentral ng Pilipinas (BSP) and its partner retailers (SM Retail, Inc.; Filinvest Land, Inc.; and Robinsons Supermarket) recently signed a Memorandum of Agreement (MOA) to deploy 25 Coin Deposit Machines (CoDM) in select retail establishments. The BSP-initiated project aims to boost its Coin Recirculation Program, and to promote financial inclusion and digitalization. Consumers will be able to conveniently …

Teachers and residents will no longer need to wait in long queues and travel to other towns for their cash requirements, with the installation of a new Land Bank of the Philippines (LANDBANK) ATM at the Amai Pakpak Central Elementary School (APCES) Compound in Barangay Buadi Sacayo. In partnership with the Department of Education (DepEd) – City Schools Division of …

All is set for this year’s Sampung Ulirang Nakatatanda or SUN Awards as part of the National Commission of Senior Citizens (NCSC)-led country-wide celebration of Elderly Filipino Week slated October 1-7. The conferring of Ten Outstanding Older Persons is spearheaded by the Coalition of Services of the Elderly, Inc. (COSE) in recognition of our senior citizens’ important and valuable contributions …

Contecon Manzanillo (CMSA), International Container Terminal Services, Inc.’s business unit operating at the Port of Manzanillo, is adding four new state-of-the-art rubber tired gantries (RTG) to its landside equipment fleet to further consolidate cargo movement in Mexico’s most important port. Representing an investment of USD8 million, the new RTGs will help speed up container loading and unloading times at the …

How a pioneer mindset helped this network-marketing entrepreneur win in life and business “Innovation distinguishes between a leader and a follower.” –Steve Jobs (1955-2011) As a business leader, Manny Pascual has the knack for defying conventions and being the first in taking paths that are less traveled. The 46-year-old network marketing expert has pioneered in offering a one-stop-shop super app …

Malayan Colleges Laguna, A Mapúa School (MCL) continues to make waves in the field of higher education in producing globally competitive individuals with its partnership with the Business College of Athens (BCA), launching the country’s first master’s degree program that aims to ‘advance and professionalize the shipping business practice’.  The Master of Science in Shipping Business makes its way into …

International and local experts from the digital and cryptocurrency industries have come together to host the first Philippine Blockchain Week. The week-long event will be held from November 28 to December 4 at the Marriott Grand Ballroom of the Newport World Resorts in Pasay. Called “Chaintrix” and inspired by the meta universe of the movie the“Matrix”, it seeks to promote …

Pioneering township developer Megaworld is set to open its second homegrown hotel development inside its 30-hectare The Mactan Newtown in Lapu-Lapu City, Cebu by fourth quarter this year. This will be the 12th hotel property of Megaworld Hotels & Resorts, the country’s largest operator of homegrown hotel brands.  The 20-storey Belmont Hotel Mactan will have 550 guestrooms and suites, composed …

Subic Bay International Terminals (SBITC) is deploying four additional rubber tired gantries (RTG) to boost its landside operations and improve overall productivity in support of the growth prospects of North and Central Luzon in the Philippines. Scheduled for delivery in the last week of September, the RTGs will augment the terminal’s existing fleet of six to enable quicker truck and …

The first Fine Arts NFT collection in the country, showcasing the work of Juvenal Sansó, was sold out at a special dinner by Artifract, an arts NFT platform developed by UBx and operated by Unit 256. Fundacion Sanso, a non-profit organization that exhibits the works of globally famous painter Juvenal Sanso, expressed its excitement about this collaboration to safeguard the …