The Market Monitor Minding the Nation's Business

Executives across the region remain largely upbeat about the economic outlook, although skills gaps risk preventing some member states from reaching their full potential, the 2019 edition of the Business Barometer: ASEAN CEO Survey carried out by Oxford Business Group (OBG) indicated.

The Enrique Razon-led Prime Infra, through a partnership with San Lorenzo Ruiz Builders and Developers Group (SLRBD), plans to develop a water supply facility of over 500 million liters per day (MLD) at the Wawa catchment area traversing the municipality of Rodriguez and city of Antipolo, both in the province of Rizal. With a planned capacity of over 500 million …

By Tracy Cabrera Let’s face it, not a lot of taxi drivers in the Philippines will win the ‘Mr. Congeniality’ or ‘Mr. Responsible’ driver award. In fact, a survey made by Spot.ph shows that of the 53,016 readers who participated in its survey, only a meager 0.3 percent (153 votes) of the respondents think that taxi drivers offer a more …

Department of Trade and Industry (DTI) Secretary Ramon Lopez championed franchising as a business model to future entrepreneurs at a time when the Philippines is experiencing an economic resurgence. During his keynote address at the 2019 Franchise Asia Philippines on 27 March, Sec. Lopez stated that this is the best time to do business because the country’s sustained economic growth …

New york (AFP) – Boeing’s 737 Max aircraft will be outfitted with a warning light for malfunctions in the anti-stall system suspected in October’s fatal crash in Indonesia, an industry source told AFP, standardizing a feature previously sold as an optional extra.

A young entrepreneur-led shipping company recently launched its MyBoat coastal routes at the Naga Baywalk, right beside the Philippine Coast Guard-Naga City substation.

Beginning March 31, 2019, Philippine Airlines (PAL) flights to and from New York (JFK), Auckland (New Zealand), Hanoi (Vietnam) and Phnom Penh (Cambodia) will use NAIA Terminal 1 for both departures and arrivals.

MacroAsia Corporation has taken over Philippine Airlines’ ground-handling and airline catering contracts from Manny Osmeña’s Sky Logistics and Sky Kitchen, respectively.

Although the Department of Energy has been promoting the use of electric vehicles (EV), Senator Win Gatchalian says it has produced only a few policy instruments to support the growth of EVs in the country.

Philippine Airlines (PAL) is looking at buying more airplanes to be able to fly to more destinations out of Asia.