The Market Monitor Minding the Nation's Business

The Construction Industry Authority of the Philippines (CIAP) through its human resource development arm, the Construction Manpower Development Foundation (CMDF) in collaboration with the Ministry of Land, Infrastructure, Transport and Tourism (MLIT) of the Government of Japan is organizing the 1st Philippines – Japan Conference on Construction on 23 November 2017 at Hotel Jen Manila, Pasay City from 1 p.m. …

In a bid to boost tourism facilities to accommodate the growing influx of foreign and domestic tourists in Visayas, the Board of Investments (BOI) recently approved the P392.7 million hotel project of Gothong Southern Properties Inc. in Cebu City and the P35 million hotel project of Legazpi Mei Li Inc. in Legazpi City.

The Games and Amusements Board (GAB) will now be more serious in imposing its authority on the Philippine Basketball Association, the Asia’s first play-for-pay basketball league.

A total cash pot of US$40,000 (around P5 million) is at stake when the country plays host to the 15th World Xiangqi (Chinese chess) Championship set November 14-20 at the Manila Hotel.

Southeast Asian Games (Seag) medalist Krizziah Lyn Tabora tallied 2,587 pinfalls after 12 games in the qualifying rounds of the 2017 Quibica AMF Bowling World Cup at the Bol 300 lanes in Hermosillo, Sonora, Mexico.

The Philippines slipped to 113th place out of 190 economies in the Doing Business Report 2018 of the World Bank from 99th place a year ago.

At the recent summit in Tokyo between President Duterte and Prime Minister Shinzo Abe the Japanese government reaffirmed its commitment to provide economic cooperation worth 1 trillion over the next five years.

By Riza Lozada State pension fund Social Security System (SSS) said it reassigned four officials who are the subject of complaints of profiting from their posts.

The government has tapped Chinese billionaire tycoon Jack Ma to help local micro, small and medium enterprises (MSMEs) to improve their access to technology to spur their development.

San Miguel Corporation (SMC) will soon start expanding the three expressways it built – the South Luzon Expressway (SLEX), the Skyway system, and the Ninoy Aquino International Airport Expressway (NAIAX) – to help decongest traffic in the metropolis.