The Market Monitor Minding the Nation's Business

Boholano Elien Perez gave the Philippines three gold medals recently at the Asian Cup and Asian Inter-Club Weightlifting Championships in Yanggu County, Gangwon Province, South Korea.

Paris—Spanish tennis ace Rafael Nadal secured a year-end top position in the ATP Rankings following his victory over South Korean talent Chung Hyeon in the second round of the Paris Masters here Wednesday, while promising German star Alexander Zverev was turned down by Robin Haase in full sets.

Cebuano netter Arthur Craig Pantino has remained optimistic about his campaign in the International Tennis Federation (ITF) Juniors Circuit.

By Luis Leoncio The rules to implement Republic Act 10927 which amended the Anti-Money Laundering Act of 2001 (AMLA) was signed among heads and key officials of the Anti-Money Laundering Council (AMLC), Philippine Amusement and Gaming Corporation (PAGCOR), Cagayan Export Zone Authority (CEZA) and Aurora Pacific Economic Zone and Freeport (APECO) in a ceremony held last Wednesday, October 25.

By Riza Lozada The Bangko Sentral ng Pilipinas (BSP) soothed worries about the recent weakening of the peso saying that the currency is merely undergoing an “adjustment process.”

Top economic executives said confidence on the economy is expected to make a strong rebound now that the Marawi conflict has ended and rehabilitation is on the way.

The government has formed an inter-agency task force to tackle bottlenecks and gaps in the country’s infrastructure development as infrastructure spending picks up, according to the National Economic and Development Authority (Neda).

The Philippine Competition Commission (PCC) said mobile and internet services in the country remains poor a year after Globe Telecom Inc. and PLDT Inc. acquired San Miguel Corp.’s (SMC) telecommunications assets including the 700MHz frequency it holds in a blockbuster P69 billion deal.

Sen. Joseph Victor “JV” Ejercito said he will seek a probe of officials of the Civil Aviation Authority of the Philippines (CAAP) for allowing the construction of structures that obstruct air traffic. Ejercito, vice chairman of the Senate committee on public services, said the construction of skyscrapers near airports poses serious danger to the air-riding public. He referred to the …

Cebu Pacific is pumping $25 million in a pilot training program to meet their expansion requirements.