The Market Monitor Minding the Nation's Business

The House of Representatives ratified a bicameral conference committee report returning the subject good manners and right conduct (GMRC) and values education in schools. 

By Jinky Jorgio Labor group Bukluran ng Manggagawang Pilipino (BMP) and its affiliate unions and allied progressive groups will physically express their solidarity with the employees and talents of the entertainment and media conglomerate as its franchise is set to expire on May this year.

By Riza Lozada  The Bangko Sentral Ng Pilipinas (BSP) has expressed optimism that the domestic economy will remain firm in the medium term, this despite the spread of the COVID 19 across the region, with the resilient domestic demand and public construction spending fuelling growth. 

The Department of Finance (DOF) is ready to work with the Congress to speed up the approval of measures amending the Anti-Money Laundering Act (AMLA) and the Bank Secrecy Law, in line with the Duterte administration’s goal to arm the government with “formidable tools” to effectively fight tax evasion and other financial crimes. 

Foreign currencies entering the country for the last seven months have reached $633 million or P32 billion as of 5 March this year. 

The World Bank is making available $12 billion worth of immediate support for countries in combating COVID-19. 

Saudi Arabia has temporarily banned the entry of Filipino to prevent the spread of the coronavirus disease 2019 (Covid-19) in the kingdom, according to the Department of Foreign Affairs (DFA). 

Agents of the Bureau of Immigration (BI) announced the arrest of nine Korean fugitives who are wanted by authorities for telecommunication fraud.

Statistics show that 77% or more than 7 out of 10 Filipinos have never been to a dentist. This is according to the National Monitoring and Evaluation Dental Survey conducted by the Department of Health. While the Philippine Dental Association (PDA) reported that 78% of Filipino children below 12 years old have dental problems. 

• Throughput increased 5% to 10.2 million TEUs• Revenues grew 7% to USD1.5 billion • EBITDA improved 10% to USD830.1 million