The Market Monitor Minding the Nation's Business

The Bureau of Internal Revenue (BIR) has extended the deadlines for filing tax returns, paying taxes, and submitting documents in areas battered by tropical cyclones Crising, Dante, and Emong, along with the intensified southwest monsoon or “habagat.” In a statement released Friday, BIR Commissioner Romeo Lumagui Jr. said taxpayers in the affected areas—including Metro Manila, parts of Northern Luzon, Mimaropa, …

US-based Cerberus Capital Management is set to invest an additional ₱15 billion in the Philippines over the next 12 months, eyeing upgrades to its Subic shipyard and launching new ventures in logistics, energy, and transport infrastructure. The announcement came following the firm’s meeting with President Ferdinand R. Marcos Jr. in Washington, DC, where executives cited government support and encouraging operational …

Trade Secretary Cristina Roque remains hopeful that tariffs on Philippine exports to the United States could still be reduced, even as the rate has been officially set at 19 percent effective August 1, following an announcement by US President Donald Trump. While the current rate is lower than the previously announced 20 percent, it is still higher than the 17 …

Government revenues continued to climb in June 2025, driven by double-digit growth in tax collections, while public spending also rose to support economic activity, data from the Bureau of the Treasury (BTr) showed. Revenue collections in June hit ₱306.9 billion, up 3.5 percent from ₱296.5 billion in the same month last year. Tax collections rose by 12.35 percent to ₱280.1 …

Hyundai Motor Philippines unveiled three of its latest vehicles in the market today during a well-attended event late last week at the Ayala Museum in Makati City. HMPI president Jiho Son spearheaded the presentation of the new Hyundai Palisade Hybrid, the Hyundai Ioniq 5, and the Hyundai Ioniq 9 which are expected to be a hit among the new buyers …

Synergy Ventures Corporation (SVC) romped with the major awards in the recent Nissan Philippines’ 2025 Dealer of the Year Awards, held last week at the Okada Manila Hotel in Paranaque City. Its president, Tey Sornet, was proud for the company’s haul of 14 major prizes including the 2025 Nissan Global Award, the highest recognition that is given to a dealership …

Grab Philippines and Move It launched a comprehensive disaster relief and community support initiative following the devastation caused by the intensified southwest monsoon which has displaced thousands and disrupted livelihoods across several regions in Luzon.  The initiative includes immediate aid and longer-term recovery support for Grab’s ecosystem of drivers, delivery partners, merchants, and consumers, and is being rolled out in …

Honda Cars Philippines customers in Luzon and Visayas whose vehicles were affected by the recent floods gets support as HCPI offers a 30% discount on select spare parts through its Honda Helps Program. This initiative marks Honda’s commitment to ease the burden of repair costs during challenging time. By making essential parts more accessible and affordable, HCPI hopes to help …

Omoda & Jaecoo Motor Philippines Inc. lineup of vehicles now in the market passed with flying colors the comprehensive internal and independent testing of various powertrain types completed under real-world conditions across various driving scenarios in the Philippines that highlighted the exceptional fuel efficiency and cost per kilometer of their vehicles. A robust and diverse vehicle lineup of battery including …

Dongfeng Motors Philippines recently launched the Dongfeng E70 Pro, its first-ever fully electric sedan with a mission to promote clean, sustainable, and efficient mobility in the country at the Dongfeng Motors Ortigas in Quezon City. The Dongfeng E70 Pro has an impressive range of 420 kms on a single charge, offering a reliable solution even for those concerned with range …