HomePage - TimeLine Layout • The Market Monitor

29 May

Major cruise lines restart voyages for vaccinated passengers

Three giants of the cruise industry will return to the seas within weeks, with Norwegian Cruise Lines becoming the latest to announce its US ships will set sail starting in early August.

29 May

House bill seeks relief for domestic airlines

Party-list Rep. Sharon S. Garin has filed a bill providing relief for the country’s domestic air carriers is being pushed by of the AAMBIS-OWA.

29 May

Cooking oil powers commercial flight

Air France-KLM flew a biofuel-powered Airbus A350 from Paris to Montreal, demonstrating the airline’s readiness to adopt low-emissions fuel despite industry divisions over the pace of its adoption.

29 May

Over 20 countries opened borders to vaccinated passengers

More than 20 countries have lifted restrictions for vaccinated travelers, with the International Air Transport Association (IATA) supporting their data and evidence-driven decisions to open their borders and extend unrestricted access to travel.

29 May

PAL to raise P25-B in capital

Philippine Airlines (PAL) plans to raise its capital by up to $500 million (P25 billion) to be sourced mainly from the Lucio Tan Group (LTG), shareholders and banks.

29 May

SEC flags P11.5-B suspicious transactions

The Philippine Securities and Exchange Commission (SEC) said the securities sector is at medium risk for money laundering and terrorist financing, based on an assessment of investment companies, brokers, dealers and other capital market participants in the Philippines.

29 May

Duterte mulls selling government properties to raise COVID-19 funds

Pres. Rodrigo Duterte is considering selling government properties to raise funds in preparation for a possible deterioration of the pandemic situation in the country due to more infectious COVID-19 variants

29 May

Dollar remittances up with travel eased

Expatriate Filipinos sent home more dollars in March after more workers got deployed abroad due to the easing of travel restrictions, according to the central bank.

29 May

Workers’ mental health declined during pandemic

A recent survey showed that the mental health of Filipino workers declined during the pandemic.

29 May

CSC expands sexual harassment coverage

Government officials and employees who send inappropriate text messages and email, which are sexual in nature, to fellow workers may now face administrative sanctions, according to the Civil Service Commission (CSC)

TimeLine Layout

May, 2021