The Market Monitor Minding the Nation's Business

The country’s hosting of the 30th Southeast Asian Games this November got a much-welcome shot in the arm after the Philippine Amusement and Gaming Corporation (PAGCOR) granted a total of P842.5 million to the Philippine Sports Commission (PSC) for the rehabilitation of facilities that will be utilized for the biennial regional multi-sports event.

For its second installment this year, Lamudi is bringing its Lamudi Affordable Housing Fair to the Glorietta Activity Center this July 20 to 21, 2019.

BSP Governor Benjamin E. Diokno has been named as the incoming co-chair of the Regional Consultative Group for Asia of the Financial Stability Board (FSB-RCGA). The FSB is an international institution that recommends risk and prudential standards for the financial markets.

The Philippines is working to bridge its trade gap with Indonesia by exporting more agricultural products and automobile parts.

The Design Center of the Philippines is set to recognize outstanding objects-, places-, images- made and systems executed in the Philippines that address social problems to enrich the quality of human life in the inaugural run of the Good Design Award Philippines.  

The National Food Authority (NFA) already surpassed its palay procurement target for the first half of 2019 with over 5 million bags bought since January this year, according to Atty. Judy Carol L. Dansal, the newly-appointed NFA Administrator.

By Tracy Cabrera                                                    His aggressiveness has returned, according to training coach Freddie Roach, referring to what Pinoy  boxing icon Emmanuel ‘Manny’ Pacquiao is showing in his training sessions.

Bloomberry Cultural Foundation, Inc. (BCFI), the corporate foundation of Bloomberry Resorts and Hotels, Inc. (BRHI), recently turned over a new 5-storey cadet barracks to the Philippine Military Academy (PMA).  This is the second cadet barracks donated by BCFI. The 1st cadet barracks was handed over to PMA in 2016.

Philippine Airlines (PAL) today (June 18, 2019) confirmed the appointment of PAL Executive Vice President Vivienne K. Tan as PAL Officer-in-Charge following the retirement of PAL President and Chief Operating Officer Jaime J. Bautista.

The Bureau of Immigration (BI) has reshuffled its officials holding key positions at the Ninoy Aquino International Airport and two other airports as part of management’s thrust to revitalize the agency’s operations.