The Market Monitor Minding the Nation's Business
The Asenso Center, the first livelihood hub of its kind in Grab’s Southeast Asia network, was inaugurated by Grab Philippines and Move It in partnership with the Department of Information and Communications Technology last Thursday in Marikina City. The Asenso Center is expected to generate 500,000 livelihood opportunities for the Philippine government. The leading superapp said it has already delivered …
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November, 2025
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2 November
SEC slaps P1-M fine on lending app operator for unfair debt collection
The Securities and Exchange Commission (SEC) has imposed a ₱1-million fine on Surity Cash Lending Investors Corporation for engaging in unfair debt collection practices through its mobile lending platform. In a decision dated September 16, 2025, and approved by the Commission En Banc, the SEC found Surity Cash guilty of three counts of violating SEC Memorandum Circular (MC) No. 18, …
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2 November
PAGCOR inaugurates new socio-civic center in Batangas amid Taal unrest
The Philippine Amusement and Gaming Corporation (PAGCOR) inaugurated last week a new socio-civic center in Barangay San Gregorio, Laurel, Batangas — a facility designed to serve as both an evacuation site during disasters and a venue for community activities. In a statement, PAGCOR said the two-story, ₱50 million building features multipurpose halls, kitchens, restrooms, and other disaster-resilient amenities to ensure …
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2 November
APECO inks tripartite deal to develop Casiguran International New Port
The Aurora Pacific Economic Zone and Freeport Authority (APECO) has entered into a tripartite agreement with South Korea’s Yooshin Engineering Corporation and the Philippines’ Lordsbridge Resources Corporation to develop the Casiguran International New Port in Aurora. The memorandum of agreement was signed Tuesday by APECO President and CEO Atty. Gil Taway IV, Yooshin Director and Philippine Regional Representative Jin Ho …
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2 November
Meralco income up 14% to P40-B on strong power generation gains
The Manila Electric Company (Meralco) reported a 14-percent increase in consolidated core net income (CCNI) to ₱40 billion as of end-September 2025, driven by strong performance of its power generation business. In a disclosure to the Philippine Stock Exchange on Monday, Meralco said its distribution utility (DU) business remained the biggest income contributor, accounting for 55 percent or ₱21.9 billion …
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2 November
GSIS underscores strict governance, transparency in managing members’ funds
The Government Service Insurance System (GSIS) assured the public on Thursday that its investment operations are guided by strict governance standards and multiple layers of safeguards to ensure the prudent management of its members’ contributions. Speaking at *The Agenda* media forum, GSIS President and General Manager Wick Veloso emphasized that transparency and discipline are at the core of the pension …
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2 November
United Nations Confers SM Hotels’ Iconic Property in Tagaytay as a Community Peace Center and Global Citizens Hub
In a landmark celebration of the 80th Anniversary of the United Nations this year, Taal Vista Hotel—one of the Philippines’ most iconic heritage icons—was conferred as a UN Peace Center and Global Citizens Hub, solidifying its role as a beacon for culture, sustainability, and community-based peace initiatives. The conferment on October 21, led by the United Nations Association of the …
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2 November
Escudero files bill to curb overpricing of infra projects
Senator Francis Escudero has filed a measure seeking to institutionalize a uniform system for determining the cost of infrastructure projects to prevent overpricing and promote fiscal discipline. Senate Bill No. 1467, or the proposed “Act Institutionalizing a Detailed Unit Price Analysis System (DUPA) in the Determination of Appropriations for Any and All Infrastructure Projects,” requires that all public infrastructure appropriations …
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2 November
Romualdez not in list of lawmakers recommended for plunder raps by ICI
In a stunning twist to the country’s widening flood control scandal, former House Speaker Ferdinand Martin Romualdez was noticeably excluded from the list of public officials recommended for plunder charges by the Independent Commission on Infrastructure (ICI). The commission, chaired by retired Supreme Court Associate Justice Andres Reyes Jr., announced last week that it has endorsed the filing of criminal …
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2 November
Phl backs ASEAN drive for fully interconnected energy grid
With the Philippines set to chair the Association of Southeast Asian Nations (ASEAN) next year, the Department of Energy (DOE) has vowed to help advance the region’s vision of an interconnected and sustainable energy future. Speaking at the Singapore–International Energy Agency Forum, Energy Secretary Sharon Garin said ASEAN member states are united in ensuring reliable and affordable power while accelerating …
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