The Market Monitor Minding the Nation's Business

Boosts competitiveness between Rio de Janeiro, Southern Minas Gerais CLIA Pouso Alegre, a Brazilian business unit of International Container Terminal Services, Inc. (ICTSI) recently inaugurated the expansion of its Logistics and Industrial Center, strengthening the connection between the Port of Rio de Janeiro and Southern Minas Gerais, a region known for its diverse industrial base and growing demand for integrated logistics …

Filipino-American singer-songwriter David Young delivers a classic romantic sound with his self-titled debut extended play (EP) under Star Music. “Love is the biggest emotion that I know of in music. I write songs that may sound old, but I try to be inspired as well through new ideas for songwriting,” he shared in Star Music’s Artist’s Notes vlog. The mini …

BINI embraces themes of love, youth, and self-discovery in the new album “Flames,” released just in time for the nation’s girl group’s highly anticipated “BINIfied” concert at the Philippine Arena this Nov. 29 (Saturday). The new album was inspired by a Filipino love acronym “FLAMES” that symbolizes different relationships. BINI reintroduced this acronym with the group’s own unique meaning through …

Master in investigative journalism from Edinburgh University, San Diego, California, preceded by B.S. Journalism from UP – proved to be a compelling foreshadowing of her shift to business and trade leadership 15 years ago when she started to dabble in international trade, business analysis, project management and stakeholder engagement. A recipient of several international awards, she now returns to her …

The Supreme Court (SC) clarified that individuals declared as fugitives automatically lose their standing in court and thus are barred from seeking judicial relief. According to a recent SC ruling, jurisdiction over an accused person should be acquired through arrest or voluntary surrender and not through any pleading by counsel if the accused is a fugitive.  The decision prevents fugitives …

Department of Trade and Industry (DTI) Secretary Cristina Roque insisted that P500 is sufficient for a family of four to celebrate Noche Buena, based on current prices of basic holiday goods. Addressing rising public opposition to her claim, Roque said, “The Noche Buena celebration… would depend on the number of family members or extended relatives that would be joining.” “The …

The Land Transportation Office (LTO) has begun apprehending and impounding unregistered electric bicycles and electric tricycles using national roads starting last Dec. 1. Based on Section 5A of the Land Transportation Traffic Code (Republic Act 4136), all motor vehicles using public roads must be registered with LTO. Electric vehicles, including battery-powered e-bikes, hybrid plug-ins and light electric vehicles (LEVs), are …

House Deputy Minority Leader Leila de Lima considered the P110 million in cash returned by former Department of Public Works and Highways (DPWH) district engineer Henry Alcantara only a small fraction of the trillions of pesos lost to kickbacks in flood-control projects. De Lima urged other personalities implicated in the scheme to do the same. She said the House Liberal …

The Union of Peoples’ Lawyers in Mindanao (UPLM) called the International Criminal Court (ICC) Appeals Chamber’s unanimous decision to reject former President Rodrigo Duterte’s temporary release a significant victory and necessary safeguard for the victims and witnesses. The UPLM described the decision as a “significant and crucial preliminary victory” for survivors of the “war on drugs.” The group said the …

The country’s major business groups called for all government officials to undergo lifestyle checks – by making public their Statement of Assets, Liabilities and Net worth (SALN) – to ensure transparency and accountability. Six business groups – led by the Makati Business Club (MBC) and the Management Association of the Philippines (MAP) – said in a joint statement: “Without rigorous …