By Rose de la Cruz To ensure a smooth transition and continuity in the delivery of services in the Department of Trade and Industry following the recent resignation of its head Alfredo Pascual, President Marcos named Undersecretary Cristina Aldeguer-Roque as acting DTI chief. The Presidential Communications Office said the President appoint Aldegues-Roque in recognition of her dedication and leadership in the …
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By Rose de la Cruz Even as 22 senators have stated support for a resolution seeking to suspend the government’s jeepney modernization program to stop jeopardizing the livelihood of drivers and other stakeholders, the Department of Transportation passed a 100-page letter to Senate Presdient Francis “Chiz” Escudero dated July 29 to reconsider suspending the government’s Public Utility Vehicle Modernization Program. …
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By: Eunice Jean Patron While existing research on material properties rarely examines changes in laser pulses, or the flashes of laser lights, over time, scientists from the University of the Philippines – Diliman College of Science (UPD-CS) approached laser exploration differently by investigating how non-Gaussian lasers affect the diffusion of heat in metals. Pulsed laser ablation of a material inside …
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In a bold move signaling a unified stance against growing regional tensions, the United States has committed $500 million (P29.2 billion) in military assistance to the Philippines. This announcement, made by US Secretary of State Antony Blinken and Secretary of Defense Lloyd Austin III following the recent 2+2 meeting at Camp Aguinaldo, underscores a significant escalation in defense collaboration between …
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By Rose de la Cruz With the exit of Philippine Overseas Gaming Corporations (POGOs) in the country– many of which are linked to crimes committed in the country– an expected oversupply of condominium units and buildings is expected to suffer substantial rental declines (of about half their values before) and an oversupply of minivans used by POGO operations would flood …
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By Rose de la Cruz Recognizing the lapses and failures of the SIM card law that it produced during the Duterte administration, Congress is now looking to amend (and save its face) by amending the defective and ineffective law, which has failed its objective of preventing scams and digital criminals from victimizing mobile phone users. Text scams have proliferated even …
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By Rose de la Cruz The pandemic and the recurring thievery (holdup, stick ups and other petty crimes) in markets and other retail outlets of the country have caused the surging need for mobile digital payments and cards (debit and credit) among the Filipino consumers. For now, only the land transport system has not fully embraced digital payments. Merchants have …
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By Rose de la Cruz Flood prone Marikina City, where the Marikina River plunged the city and its environs with days-long floods during Tropical Storm Ondoy in 2009, is now on the brink of seeing a repeat of this calamitous floods and already, SM supermall in Marikina was among the first to open its doors to flood victims and city …
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By Rose de la Cruz Of the numerous promises and commitments made by President Marcos Jr. in his 3rd State of the Nation Address (SONA) what stands out for consumers and business alike are the educational reforms or overhauling the EPIRA law, which has caused our electric and power generation costs to be the most expensive in the Southeast Asian …
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By Rose de la Cruz After successfully consolidating/merging their banks last year, Cebu Pacific and the Ayala group are nearing their second partnership with the former acquiring Ayala Land Inc.’s boutique airline, AirSWIFT to boost the fleet of CebPac with its aggressive travel and tourism expansion thrust. The deal may be sealed in two months and would boost domestic tourism …
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The Market Monitor Minding the Nation's Business