The Market Monitor Minding the Nation's Business

The local business process outsourcing (BPO) sector will continue to have US companies to remain its largest market even in the next few years, despite the inward-looking policy of United States President Donald Trump.

President Duterte assured Chinese-Filipino businessmen of his support, so long as they pay the right taxes and help him in his reform initiatives.

The Japanese government has granted $6.2 million (P310 million) to children’s agency United Nations International Children’s Emergency Fund (UNICEF) to support peace building and education efforts for conflict-affected children of Mindanao, including children disengaged from the Moro Islamic Liberation Front’s (MILF) armed forces. 

The 5th Kalikasan GP3 (Green Purchasing, Green Productivity towards Green Philippines) will highlight bamboo and wood industry for sustainable forestry as well as sustainable consumption and production, sustainable tourism and cultural heritage. 

The United States government has maintained its commitment since 2013 to help elevate the lives of less fortunate Filipinos in far-flung provinces after it turned over an almost P1 billion project to provide safe and clean drinking water. 

A Cabinet-level delegation led by Finance Secretary Carlos Dominguez III will fly to Tokyo on Monday to discuss with Japanese officials a prospective list of big infrastructure projects that the Philippines could implement possibly in tandem with Japan. 

Concepcion Industrial Inc. (CIC) seeks to fulfill its commitment to switch all of its product lines to environmentally-responsible refrigerants with its commercial arm, Concepcion Building and Industrial Solutions (BIS), sharing its advocacy to protect the environment through training sessions for its business partners. 

By Riza Lozada  Corporate regulator Securities and Exchange Commission (SEC) has suspended 84 lending companies for operating their business without the required licenses. 

By Riza Lozada  The Securities and Exchange Commission (SEC) has approved the initial public offering (IPO) of local investment holding firm Pure Energy Holdings Corp. (PEHC) that the company hopes can raise for it P1.47 billion in new capital. 

The Bureau of Customs (BOC) has certified the Laguna Gateway Inland Container Terminal Inc. (LGICT), the dry port container handling facility of International Container Terminal Services Inc. (ICTSI) in Calamba City, Laguna, as an authorized Off-Dock Customs Facility (OCF).