The Market Monitor Minding the Nation's Business

The ability of the Port of Umm Qasr in Iraq to receive direct calls from larger container vessels is being progressively boosted by the new terminal development program at Basra Gateway Terminal (BGT).

San Miguel Corp. revealed that Standard Chartered Bank and Sumitomo Mitsui Banking Corp. will be SMC’s co-financial advisors for the proposed P735-billion aerotropolis project in Bulacan.

Finance Secretary Carlos G. Dominguez III will choose to prioritize the development of New Clark City over San Miguel Corp.’s (SMC) proposed P735.6-billion “aerotropolis” in Bulacan.

A British energy entrepreneur and one-time Formula 1 racing team owner is entering the race to build new inter-city “flying taxi” services that tap recent aerospace advances.

The government has approved the petition by local airlines to re-impose a fuel surcharge on tickets so air carriers can survive the high oil prices compounded by a weakening peso.

Amazon.com, Inc. has ordered 20,000 Mercedes-Benz vans from Daimler AG as it expands its fleet of delivery vehicles.

New statistics on air travel reveal that Americans made up the largest group of air travelers in 2017, with nearly 19% of global passenger traffic coming from the United States.

The Economic Development Cluster (EDC) of the Duterte Cabinet expects “moderate” inflation in the months ahead following the implementation of a slew of measures to help tame the rise in commodity prices, which include streamlining import procedures for rice, fish and sugar to boost their supply in the domestic market.

Government spending reached its peak so far for the year at P328.1 billion in July 2018, representing an increase of P83.0 billion, or 34%, from the same period last year. The spectacular rise in spending was due to infrastructure and other capital outlays as well as subsidies to government corporations. For the first seven months of the year, disbursements have …

By Jinky Jorgio Public Works Secretary Mark Villar said the Philippines will be a completely different country from today as far as infrastructure is concerned.