The Market Monitor Minding the Nation's Business

Beyond EllipticalBy Rose Marie de la Cruz The legacy of agrarian reform– breaking down farms into smaller sizes of initially 3 to 5 hectares– have forced farmers to sell or pawn their landholdings as they found farming to be not viable and unsustainable. In worse times, like previous decades, they offered their small landholdings to land conversion for easy cash, …

The bangus industry is grappling with several challenges that have prevented it from achieving its full potential. University of Asia and Pacific Center for Food and Agribusiness (CFA) Agribusiness Specialist Joy Kristel Orzales said one of the main issues confronting the sector is its continued reliance on imported fry, Business Mirror noted. Orzales noted that high dependence on imported fry tends …

The massive destruction caused by recent typhoons on corn farms of the country and the high cost of production would necessitate higher imports of corn for animal feeds  by 7.2 percent or 1.63 million metric tons for 2024-2025, according to the USDA-Foreign Agricultural Service in Manila. The USDA also sees corn production only growing by 0.4 percent to 8.15 MMT …

Blame it on high rice prices– both local and imports– Pinoys are now shifting to bread and noodles for their regular diet. The Philippines is expected to import more wheat in the 2024-2025 marketing year as the demand for various products such as bread, cakes and noodles increased along with population growth, said the US Department of Agriculture’s Foreign Agricultural …

After 20 years of robust growth and successes, the Gateway Group of Companies, the country’s largest and trusted automotive dealership, is aiming to serve their rapidly expanding customers with highly-efficient and service-oriented personnel for another 20 years. This is emphasized by Michael Goho, the executive vice president of the Gateway Group of Companies, as the company embarks on another year …

GAC Motor Philippines maintained its strong growth momentum throughout 2024 when the brand recorded a 79% year-on-year increase in sales, reaching 3,060 units sold compared to the same period in the previous year with 1,714 units. GAC Motor has consistently ranked among the top Chinese automotive brands in the local market this year.  Its models include the GS3 Emzoom, M6 …

Ford Philippines officially kicked off the 24th Henry Ford Awards (HFA), the industry’s longest-running awards program that recognizes excellence in Philippine motoring journalism by inviting motoring journalists to submit their stories, photos, and videos to the online portal that went live Jan. 6. Content that will be submitted must have been published or posted between Jan. 1 to Dec. 31 …

Bajaj Philippines held free after-care assistance to Bajaj 3-wheeler owners affected by the successive typhoons these past few months.  Bajaj specialists restored the three-wheelers Naga, Legaspi, and Batangas by providing free and immediate change of oil using Bajaj genuine oil and filters, so they could get back on the road without the burden of maintenance costs.  Bajaj Philippines also offered …

Mitsubishi Philippines Corporation (MMPC) recently conducted a medical mission in one of the underprivileged communities in Santa Rosa, Laguna in partnership with its healthcare provider, SSMC Group of Hospitals and Clinic, The community, situated in Sitio Hemedez, Brgy. Malitlit, consists of approximately 180 families or around 738 individuals and faces pressing challenges in accessing essential healthcare and medical services. Majority …

East Zone concessionaire Manila Water ends 2024 with notable completed projects, further improving the provision of water and wastewater services for its customers. These capital expenditure projects address critical infrastructure for water security, environmental sustainability, service enhancement and upgrading especially in geographically challenged areas in Rizal, and compliance with regulatory obligations. 2024 marked the start of operations of Phase 1 …