The Market Monitor Minding the Nation's Business
The Department of Labor and Employment predicts the loss of over One Million OFWS jobs by 2021 with over 500,000 jobs by the end of this year. This grim prediction by the DOLE will have a devastating effect on over 1,200 land and sea-based licensed recruitment and manning agencies with over Fifty percent (50) of the existing agencies not expected …
Read More »TimeLine Layout
June, 2020
-
29 June
Port of Melbourne welcomes largest container capacity ship to dock in Melbourne
The Port of Melbourne (PoM) welcomes the CMA CGM Ural, the largest container ship by maximum capacity to call at the port. The 299 metre long vessel is one of six currently deployed on the South-East Asia – Australia trade route called the ‘AAX1’. It commenced its 42-day round-trip in Malaysia, calling at Singapore. It then made its way around …
Read More » -
22 June
ASGC partners with Myphone to give students free phones in support of e-learning set up
As the new school year approaches, Academia System Global Colleges of Talisay City, Cebu has partnered with the first Filipino phone brand in the Philippines, MyPhone, to provide free cellular phones for Grade 10 completers.
Read More » -
22 June
DTI, DOLE conduct inspection of resumed business operations in La Union
Enforcing the business firms to comply with the set guidelines of the Department of Trade and Industry (DTI) and the Department of Labor and Employment (DOLE) as more enterprises resume operations, the tandem agencies recently conducted inspection in business establishments and workplaces in San Fernando City, La Union.
Read More » -
22 June
Tesda invites OFWs to avail of free online courses – Bertiz
The Department of Labor and Employment (DOLE) estimates that around 341,000 overseas Filipino workers (OFWs) have lost their jobs abroad due to the Covid-19 pandemic.
Read More » -
22 June
Registration of online business, key to consumer protection – trade chief
The Department of Trade and Industry (DTI) urged online businesses to register with the government, citing it as key to consumer protection. This comes after the recent directive of the Bureau of Internal Revenue (BIR) for online sellers to register their businesses on or before 31 July 2020.
Read More » -
17 June
Stocks, peso start week down on Covid-19 second wave worries
Both the local main stocks index and the peso ended weaker on Monday, partially on news of a spike in the number of coronavirus disease 2019 (Covid-19) in several countries.
Read More » -
17 June
Anti-Terrorism Bill to prevent Philippines’ re-inclusion in ‘gray list’
Amendments on the Philippines Human Security Act (HSA), which have been incorporated in the Anti-Terrorism Bill (ATB), are necessary to address gaps in the country’s anti-money laundering and counter terrorism financing (AML/CTF) system.
Read More » -
17 June
Go wants rules set for athletes eyeing Olympics slots amid virus
Senator Christopher Lawrence “Bong” Go on Sunday urged the Philippine Sports Commission (PSC), Philippine Olympic Committee (POC), and other concerned agencies to craft guidelines to help national athletes bound for Olympic qualifying tournaments abroad.
Read More » -
17 June
ICTSI Successfully Prices New Senior Unsecured Notes
International Container Terminal Services, Inc. (“ICTSI” or the “Issuer”), successfully priced a US$400 million offering of 10-year senior unsecured notes (the “Notes”). The offering will mark ICTSI’s return to the senior unsecured notes market, having last completed a fixed-for-life perpetual capital securities transaction in January 2018.
Read More »