The Market Monitor Minding the Nation's Business

Letters From DavaoBy Jun Ledesma  What is Speaker Alan Cayetano up to? Until he shook his own house by removing a strong pillar closely identified with Pres. Rodrigo R. Duterte, there is neither a storm or tsunami that could shake the foundation of the lower house.

Television and radio audiences recently saw and heard two “apologies” directed to President Duterte said before a Senate Hearing by the top executives of two of the largest business interests in the country. 

The Department of Transportation (DoTr) said implementation of the Metro Manila Subway project will not be delayed despite the COVID-19 epidemic. 

Local hotels have started offering discounted rates to support the tourism sector’s campaign to envigorate the domestic market, the Tourism Congress of the Philippines (TCP) said. 

Think tank Infrawatch PH asked the Senate to review the Sangley Point International Airport (SPIA) project, its viability put in question. 

The Corona virus epidemic (COVID-19) outbreak has significantly dampened air travel demand and caused the slowest traffic growth in the last decade, according to the International Air Transport Association (IATA). 

Grab Philippines will enter into the motorcycle taxi business ahead of the legalization of two-wheeled taxis in the country. 

Vehicle importers experienced a 16% drop in unit sales in January, attributed to the effect of the Taal eruption and the COVID-19 outbreak. 

Many in the biz still couldn’t reconcile Kim Chiu, a young, fragile-looking girl being involved in a recent shooting incident. Why Kim of all people? 

Here are two unique, inspiring stories of lowly, hardworking people. One, a woman in a hurry to get to the top without a college diploma and two, a man who wanted an education and dreamed to be a lawyer but ended up in real estate business instead.