The Market Monitor Minding the Nation's Business

The Green GSM ride-hailing app held a successful launch of the Green and Smart Mobility Joint Stock Company’s (GSM) electric taxi service — Green GSM — last June 10 in the Philippines. The Green GSM’s expansion into the Philippines marked a significant milestone in its mission to accelerate the adoption of electric mobility in Southeast Asia, offering eco-conscious commuters a …

Hino Motors Philippines turned over four brand new FG bus units to First Balfour, a leading Filipino engineering and construction company which celebrated the robust partnership and mutual trust between Hino and First Balfour. “Today, we are not just celebrating the handover of another Hino unit—we’re celebrating the partnership and mutual trust between Hino and First Balfour, First Balfour continues …

Factory Employee Wins P935 Million Through BingoPlus’ Lucky Spin Feature What started as a quiet holiday turned into the start of a new life for a 28-year-old factory employee from Mandaluyong City, who recently took home a staggering ₱935,262,012.34 — the biggest jackpot in Philippine history — while playing on the trusted online gaming platform BingoPlus. The almost billionaire 28-year-old …

President Ferdinand R. Marcos Jr.’s recent directive to fast-track the rehabilitation of the iconic San Juanico Bridge is more than just an infrastructure order—it is a bold affirmation of how national landmarks can serve as vital arteries of economic and cultural revitalization. Spanning 2.16 kilometers and linking the islands of Samar and Leyte, the San Juanico Bridge is not only …

By Tracy Cabrera In response to a surge in complaints about fraudulent loan schemes, the Presidential Anti-Organized Crime Commission (PAOCC) has rolled out a nationwide crackdown on abusive online lending applications (OLAs). PAOCC Executive Director Gilbert Cruz announced the formal launch of the initiative, which seeks to curb the growing number of consumer complaints against online lending operators who resort …

Senate Minority Leader Aquilino “Koko” Pimentel III has voiced his opposition to proposals urging certain senator-judges to inhibit themselves from the impeachment trial of Vice President Sara Duterte, arguing that such actions could actually work in the vice president’s favor. In a press briefing, Pimentel explained that the outcome of the impeachment proceedings hinges on how many senators vote to …

The Land Bank of the Philippines (LANDBANK) clarified recently that it is no longer a party respondent in the just compensation case involving Hacienda Luisita, Inc. (HLI), following a ruling by the Court of Appeals (CA). In a press statement, LANDBANK said it was formally dropped as a respondent in the case titled Hacienda Luisita, Inc. vs. Land Bank of …

The Commission on Elections (Comelec) has voted to cancel the registration of the Duterte Youth party-list, despite its recent victory securing three seats in the 2025 midterm elections. The decision, issued by Comelec’s Second Division, resolves a long-pending petition that questioned the legality of the group’s accreditation.  While the ruling is a major blow to the party-list group, it is …

Pope Leo XIV has issued a powerful appeal to world leaders, urging them to reject the path of war and embrace peace, warning that modern conflicts and advanced weaponry are dragging humanity into deeper barbarism. Addressing the faithful during his weekly General Audience at Saint Peter’s Square, the pontiff echoed the words of his predecessors, Pope Francis and Pope Pius …

Amid persistent challenges in the country’s education sector, the Philippines has earned a major academic milestone as 121 of its universities made it to the 2024 Times Higher Education (THE) Impact Rankings—marking a record-high presence for the country and the largest number of ranked institutions in Southeast Asia. This year’s performance more than doubles last year’s 56 participating schools, signaling …