It was in 2001 when the first SM Foundation medical mission was conducted to make basic health care services accessible to those who can barely afford services in private clinics and hospitals for their medical consultation and diagnostic tests. Since then, SM Foundation has been mounting medical, dental and diagnostic missions throughout the country where SM businesses are located. Aside …
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The Department of Transportation (DOTr) has instructed the Philippine National Railways (PNR) to provide an alternative means of transportation for the thousands of commuters who are set to be affected when the trains stop operation on July 2 to make way for the construction of the P873.62 billion North-South Commuter Railway. PNR Chairman Michael Ted Macapagal said that on orders …
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Department of Trade and Industry (DTI) Secretary Fred Pascual met Minister Yasutoshi Nishimura of Japan’s Ministry of Economy, Trade, and Industry (METI) following their participation at the ASEAN-Japan Business Week 2023 held on 5 June 2023, in Tokyo, Japan. In the said meeting, they agreed to further deepen Philippines-Japan bilateral relations especially with the implementation of the Regional Comprehensive …
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Aside from implementing measures to ensure 24/7 clean water service to its customers, Manila Water is embarking on a massive sewer project to improve sanitation and promote a cleaner environment for Metro Manila communities. Called the Mandaluyong West–San Juan South–Quezon City South Sewer Project, this Php4.2-billion project forms part of the company’s mandate to provide quality sanitation to its growing …
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Department of Transportation Secretary Jaime Bautista has designated lawyer Hector Villacorta, an assistant secretary of the agency, as officer-in-charge (OIC) of the Land Transportation Office on Wednesday. Villacorta replaces Jay Art Tugade who resigned on May 22, citing “differing methods” with Bautista. Tugade’s resignation takes effect June 1. Villacorta is the department’s Assistant Secretary for Communications and Commuter Affairs, a …
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The volume and value of local trade posted double-digit growth in the first quarter of the year, the Philippine Statistics Authority (PSA) reported. Data released late Monday showed that the value of domestic trade amounted to P199.72 billion, up by 46.7 percent from the P136.18 billion a year ago. By mode of transport, almost all of the commodities were traded …
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Premier contractor D.M. Consunji Inc. (DMCI) is eyeing to participate in at least five more infrastructure projects under the “Build Better More” infrastructure program of the Marcos administration. “Our participation would depend on the amount and type of work involved. We want to focus on projects where our core competencies can bring the most value for our country,” DMCI president …
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The Department of Finance (DOF) said the implementation of the Comprehensive Tax Reform Program (CTRP) generated P202.8 billion additional revenues in 2022. In a statement over the weekend, the DOF said the total collection last year was higher by 26.3 percent from P160.5 billion revenue in 2021. Finance Secretary Benjamin Diokno said the higher collections was due to the “full …
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The positivity rate or the number of people testing positive for the coronavirus disease 2019 (Covid-19) in the National Capital Region (NCR) has decreased to 22 percent as of May 27. In a tweet on Monday, OCTA Research Group fellow Dr. Guido David said the figure was over a 3 percent decrease from the region’s positivity rate of 25.7 percent …
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For some, dreaming is a mere act of visualizing one’s hopes in life. But for many young Filipinos who have lived in poverty, it’s more than a just vision. For aspiring youth, daring to dream is a leap of faith. When they see a flicker of hope and open doors, they take action and courageously pursue opportunities that will allow …
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The Market Monitor Minding the Nation's Business