The Market Monitor Minding the Nation's Business

The Energy Department plans to apply for a new loan from the Asian Development Bank to roll out the government’s electric jeepney program, a year after the government cancelled the loan for the electric tricycle program.

Philippine Airlines (PAL) is calling on the local airline community to collaborate with the Philippine government in addressing industry concerns enunciated by the International Air Transport Association (IATA) and the Association of Asia-Pacific Airlines (AAPA).

The United Kingdom issued a travel advisory to its citizens against going to Mindanao and parts of Cebu province due to “threat of terrorism.”

Philippines AirAsia has chosen Clark International Airport as its main hub for operations, over the Ninoy Aquino International Airport (NAIA) due to inadequate space for the budget airline’s operational fleet expansion.

By Riza Lozada There would be no repeat during the holiday season of the tight port traffic of 2014 when container cargoes were stranded at the Manila ports that mainly resulted from the Manila city government’s strict truck ban, the Philippine Ports Authority (PPA) said.

SM scholars enrolled in technical vocational courses at Don Bosco Training Center in Mati, Davao and Naga City recently completed training in machining, welding, general electrician and automotive.

Fast-growing retail firm Jenra inaugurated its fifth supermarket branch last Oct. 27 in a bid to widen its reach and cater to all of Pampanga.

Life insurer FWD Life Philippines recently launched a dollar-denominated single-payment insurance protection and investment plan called “US Dollar All Set Higher” which gives customers the opportunity to take advantage of the long-term growth potential of international economies while giving them lifetime insurance protection.

By Riza Lozada Rural banks (RBs) should expand their services to more small businesses as many local entrepreneurs still need access to reasonable loan packages that can help them grow their business, Senator Bam Aquino said during his speech at the 60th Charter Symposium of the Rural Bankers Association of the Philippines (RBAP) recently.

Certificates of tax refund will be publicly awarded to address transparency in the release of tax credit certificates, Customs Commissioner Isidro Lapeña said.