The Market Monitor Minding the Nation's Business

The International Olympic Committee (POC) has commended the Philippine Olympic Committee (POC) for building three multi-purpose activity centers in areas affected by Super Typhoon Yolanda in Leyte.

The Games and Amusements Board (GAB) will double its efforts to help Filipino professional boxers secure more victories in the future.

Filipino-American fighter Mark “Mugen” Striegl of Fist Gym validated his status as an Asian mixed martial arts (MMA) superstar by hacking out a hard-earned unanimous decision victory over South Korean Kim Ki-Sung of BK Wang Ho/Top Gym BF recently in their featherweight bout in the Casino Filipino (CF) Battle Extreme Tournament of Superstars (Bets) IV at CF Mactan in Lapu-Lapu …

By Luis Leoncio Despite the rapid growth in the local banking industry the past few years, more than 86 percent of the population or roughly 86 million Filipinos do not have a bank account, Finance Secretary Carlos Dominguez III said.

By Riza Lozada Government spending grew by a hefty 28.2 percent in October to reflect the pick up in government projects and programs.

A Filipino-French joint venture building a $25-million pilot phase of an ocean tidal power plant in San Bernardino Strait, which will be the first in the Philippines and the Asean region, encouraged the government to create a single state-run guarantee agency to provide assistance to major projects.

The government has asked a meeting with Chinese Customs officials to check the narrowing but still significant gap between that country’s registered export volumes to the Philippines and import figures officially reported here.

By Riza Lozada The Joint Foreign Chamber (JFC) urged Congress to speed up the crafting of legislation that would resolve the vehicular traffic congestion crisis in the country.

By Riza Lozada The Philippines registered the highest rate of foreign direct investment (FDI) growth in the Association of Southeast Asian Nations (Asean) region last year, with the country hoping to capitalize on the global attention generated by hosting the bloc’s most recent summit to enhance trade and investment flows, think tank Oxford Business Group (OBG) said in a report.

Butuan City – Residents of Libertad in Butuan City, Agusan del Norte, led by its local government leaders and Department of Health officials recently came together to celebrate the inauguration of the town’s newly rehabilitated rural health unit.