The Market Monitor Minding the Nation's Business

The recent decision by FIBA to impose an 18 month suspension on PBA NLEX player Kiefer Ravena is trending on social media — expected because this guy has a lot of following, he has the looks and the basketball skills and is definitely on his way to becoming a legitimate basketball superstar.

The state-run Social Security System (SSS) is seeking the issuance of an Executive Order (EO) or the enactment of the proposed amendment of Republic Act 8282 or Social Security Law of 1997 to fulfill the promise of Pres. Rodrigo Duterte to give additional benefit to SSS pensioners.SSS President and Chief Executive Officer Emmanuel Dooc issued the statement amidst clamor from …

Manila and Tokyo signed last May 15 an agreement that would provide the Philippine government with a 2-billion yen (P970 million) grant from Japan to support ongoing efforts for the reconstruction and rehabilitation of the devastated city of Marawi in Mindanao.

The government should consider slowing down the implementation of the Pantawid Pamilyang Pilipino Program (4Ps) to make sure only the poor benefit from it.

Reducing inequality is at the core of the Philippine Development Plan 2017-2022, the country’s blueprint for socioeconomic development, National Economic and Development Authority (Neda) Undersecretary for Policy and Planning Rosemarie Edillon told members of the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP) that Edillon led the Philippine delegation to the UNESCAP’s recent 74th Session held …

The Philippines has urged its fellow member-states in the Association of Southeast Asian Nations (Asean) to build a region-wide database on disaster risk management to facilitate the sharing of information on mitigating the effects of climate change and ensure timely cooperation among them in the face of calamities.

The moderate rise in inflation is only “temporary” and remains manageable under a robust economy even with the implementation of the Tax Reform for Acceleration and Inclusion (TRAIN) Law, which is necessary to support funding for the government’s massive spending on the “Build, Build, Build” program and on social services, according to the Department of Finance (DOF).

The total harvest area for palay nationwide may widen by nearly 32,000 hectares in the first half of the year from the year-ago level, possibly lifting national rice production by 1.2 percent, the Philippine Statistics Authority (PSA) has projected.

A marine ecologist warned that the majority of marine ecosystems in Philippine seas are facing severe risks of degradation, despite the country’s stature as one of the best diving destinations in the world.

The Philippine government, together with Japan, are working together to speed up the rehabilitation of the Metro Rail Transit 3 (MRT-3).