The Market Monitor Minding the Nation's Business

Japan and the Philippines are signing a government-to-government agreement before the year ends that will pave the way for Sumitomo Corp. and Mitsubishi Heavy Industries to take over the maintenance works for the Metro Rail Transit Line 3 (MRT 3).

Final assembly of the newest member of the A330 NEO Family, the A330-800, has started and is on track for the first flight planned in mid-2018.

China Airlines of Taiwan has become the second airline to join a programme to use a blend of traditional and sustainable biofuels to power aircraft for delivery flights from Airbus.

Manila’s iconic passenger jeepney, once regarded “King of the Road,” is headed towards change and uncertainty.

NLEX Corp. will start construction of a P6-billion elevated expressway from Circumferential Road 3 in Caloocan City to Radial Road 10 in Navotas City within the first quarter of 2018.

The Philippines has become part of the itinerary of Dream Cruises, a luxury cruise line for the Asian market, operated by Genting Cruise Lines, owner of Star Cruises.

Transport network company Uber’s operations in the Philippines was among those hit in a massive data breach involving 57 million users worldwide dating back to October 2016.

By Riza Lozada The Ramon S. Ang-led Eagle Cement Corp (EAGLE) has embarked on its plans to raise its production capacity to 9.1 million metric tons with the recent ground breaking of its fourth production line in Malabuyoc, Cebu.

By Riza Lozada Listed Alsons Consolidated Resources Inc. (ACR) has partnered with Global Business Power Corporation (GBP) to undertake energy and power projects through its Mindanao power generation unit Alsons Thermal Energy Corp. (ATEC).

By Riza Lozada Many banking systems in Asia Pacific are still exposed to elevated levels of private sector leverage, although the buildup of such leverage has slowed, Moody’s Investors Services (Moody’s) said in a report.