The Market Monitor Minding the Nation's Business

The passage of The Ease of Doing Business and Efficient Government Service Delivery Act of 2018 will help improve the country’s ranking in the World Bank and International Finance Corporation’s (IFC) 2019 Doing Business Report, Trade and Industry Undersecretary Rowel Barba said.

An international civil society network challenged the ADB in its 51st Annual Governors Meeting to address the clear calls for transparency and accountability of its projects and operations amid a looming infrastructure investment collaboration between the Asian Development Bank (ADB) and its touted rival the Asian Infrastructure Investment Bank (AIIB).

Asian Development Bank (ADB) private sector operations over the past year reached $2.3 billion, growing the bank’s overall portfolio of private sector operations by 17 percent to $10.9 billion, according to ADB Private Sector Operations Department’s (PSOD) Development Effectiveness Report 2017.

The Korean Embassy in Manila said over the weekend the Korean government is funding most of the USD199-million New Cebu International Container Port Project through an official development assistance (ODA) recently clinched with the Philippine government.

The 10 member states of the Association of Southeast Asian Nations (Asean) joined by China, South Korea and Japan (Asean Plus Three) have agreed to further strengthen the multilateral currency swap arrangement to enable members overcome crisis more speedily and promote sustained economic growth.

Strengthening the education system will help enhance the competitiveness of countries in Asia in the field of information and communications technology (ICT).

Each Friday since February, 216 farmers beneficiaries would leave their far away upland barangays to toil and nurture their plants using the greenhouse farming technology taught them by Harbest Agribusiness Inc., learn new business and financial skills under Banco de Oro and its rural bank, One Network.

Authority intensified its rice market monitoring to avert any illegal activities, the agency apprehended a total of 614 violators during the first three months of the year for various offenses.

Once again, the Philippine peso reached a new low towards the U.S. Dollar exchange rate, but it is up to the financial markets to decide its direction.

By Boy Villasanta Didn’t you know that the new film by Star Cinema starring Charo Santos and Bea Alonzo, one genre so-called project, “Eerie,” started in South Korea?