The Market Monitor Minding the Nation's Business

Philippines and Chinese officials will focus on the first “basket” of infrastructure projects which initially prioritizes eight “cooperation” initiatives involving flagship projects of President Duterte, Finance Secretary Carlos Dominguez III said.

The Asia-Pacific will remain a global growth center with India, China and the Philippines as regional leaders, S&P Global Ratings, in a recent report titled “Major Asia-Pacific Economies Show Stronger Growth; Risks Are Mostly Geopolitical said.

The government has signed the Restatement Agreement for the third Bilateral Swap Agreement (BSA) with Japan’s Minister of Finance through the Bank of Japan (BOJ), the Bangko Sentral ng Pilipinas (BSP) said.

Singapore Airlines and Grab have partnered on their mobile platforms and loyalty points.

AirAsia wants the government to reject proposals to regulate air fares in the country. “We hope that they won’t control the prices… In the international market, prices are not controlled,” Philippine AirAsia President and CEO Dexter Comendador said in a press briefing at the Iloilo International Airport.

Agence France-Presse—Much as automakers are hitting the accelerator on electric cars, an aerospace venture backed by Boeing said it will introduce a hybrid electric plane for delivery in 2022.

Budget carrier HK Express, owned by Hong Kong Express Ltd., seeks to open regular flights to the Philippines.

Kuala Lumpur, Malaysia – Preliminary traffic figures for August released by the Association of Asia Pacific Airlines (AAPA) showed encouraging growth in international air passenger demand.

By Riza Lozada Businessman Manuel V. Pangilinan-led conglomerate Metro Pacific Investments Corp. (MPIC) has increased its investment on its planned takeover and rehabilitation of the Metro Rail Transit Line 3 (MRT-3) to P20 billion from P12 billion initially.

By Gia Catimbang Fujitsu manufacturer PFU Ltd. expressed pride that its Fujitsu line of image scanners reached 10 million in global shipments as of last July.