The Market Monitor Minding the Nation's Business

Uber Technologies, Inc. will open its first research and development center outside of the US, a lab in Paris focused on flying cars.

Philippine Airlines (PAL) expects to incur an additional cost of more than $146 million by end of 2018 due to higher fuel prices and weakening of the peso.

The country’s first barge terminal, the Cavite Gateway Terminal Phase 1 Project in Tanza, Cavite is now 90% complete and will be launched before the end of June to partly decongest Metro Manila trucking traffic.

Philippine Airlines said it would suspend flying on unprofitable routes to mitigate the impact of rising jet fuel prices.

The shutdown of tourist hotspot Boracay Island is seen to translate to P500 million to P1 billion in foregone revenues for budget carrier Cebu Pacific.

Thomson Reuters Foundation – From Manila’s iconic jeepneys to Kuala Lumpur’s motorbike taxis, Southeast Asian capitals are on a drive to clean their streets of vehicles that cause pollution and traffic jams, while experts defend the vital role they play in cities without adequate public transit.

San Miguel Properties Inc., the real estate arm of San Miguel Corporation, plans to build 1,000 hotels rooms in Caticlan, Aklan, gateway to Boracay.

The Samahang Basketbol ng Pilipinas (SBP) has decided to bring in eight TNT Katropa players to the Gilas Pilipinas lineup that will play in the Asian Games from August 18-31 in Indonesia.

The Philippine Basketball Association (PBA) confirmed on Thursday that Kiefer Ravena’s Fiba ban includes his stint with the NLEX Road Warriors.

The Philippine Army’s Richard Salaño topped the men’s 10,000 meters run event on Friday to collect his second gold medal in the Ayala Philippine Athletics Championships at the Ilagan Sports Complex here.