The Market Monitor Minding the Nation's Business

Thus said Transport Secretary Jaime J. Bautista as the Department of Transportation (DOTr) and the Mindanao Development Authority (MinDA) on Thursday signed a Memorandum of Cooperation (MOC) for infrastructure projects in the region.  The DOTr-MinDA MOC intends to facilitate joint planning and programming that will address the infrastructure needs of the stakeholders in southern region.  The cooperation also aims to …

Officials of the Department of Transportation (DOTr), led by Secretary Jaime J. Bautista, inspected the Baliuag Fabrication Yard of the Metro Manila Subway Project (MMSP).  The huge off-site yard of the Sumitomo Mitsui Construction Corporation (SMCC) covers an area of 86,650 square meters. This is where the concrete walls being installed at the subway are manufactured and transported to the …

The Metro Manila Subway is expected to be partially operational from Valenzuela City to North Ave., Quezon City come 2028, Transportation Secretary Jaime J. Bautista said.  According to Sec. Bautista, the first underground railway’s operations will be extended to Ortigas, Pasig City in 2029.  “‘Yung partial operations from Valenzuela to North Ave., 2028. 2029 naman [up to] Ortigas,” Sec. Bautista …

The Henry Sy Foundation and the University of Santo Tomas-Faculty of Medicine and Surgery and its partners inaugurated on September 24, 2024 the UST Henry Sy Sr. Hall, a seven-storey medical education hub. The Henry Sy  Sr. Hall houses the Saints Cosmas and Damian Medical Simulation and Research Center at the University’s Manila campus.  The new hub features simulated medical environments, consultation …

Mark “The AntMan” Cruz stung the meanest as South Cotabato rallied to beat Biñan Tatak Gel, 85-82,  In Game 1 of their South Division quarterfinal playoff in the MPBL (Maharlika Pilipinas Basketball League) Sixth Season at the Batangas City Coliseum. The 5-foot-6 Cruz, the smallest guy on the floor, went perfect on his field goals and pumped in 20 of …

TAGAYTAY – World Cup campaigner IM Michael Concio Jr.  and FM Christian Gian Karlo Arca will carry the fight for the Philippines in the Asian Juniors Chess Championship scheduled Oct. 11-20 at the Knights Templar Hotel  here. Concio, the country’s highest ranked junior player with an ELO of 2368, and Arca lead seven other Filipino players in the prestigious tournament …

By Rose de la Cruz Even though construction was among the key growth drivers of the economy in the third quarter, the capacity utilization of the industrial and construction sectors edged lower to 71.9 percent from 72 percent in the previous quarter. “This is still below the historical average of 73.3%, a benchmark that has yet to be hit in …

MAKATI CITY, PHILIPPINES – FinTech Alliance.PH, the country’s premier and leading organization of unicorns, fintech startups, and organizations, has confirmed the Philippines’ participation in the highly anticipated Singapore FinTech Festival. The nation will showcase its digital finance innovations under the banner of the Bagong Pilipinas: The Philippines country pavilion at one of the world’s largest fintech gatherings, scheduled for November …

SM Foundation, the social good arm of the SM Group, has been named Corporate Social Responsibility (CSR) Company of the Year at the prestigious 15th Asia CEO Awards. The recognition was presented during a ceremony held on October 8, 2024 at the Manila Marriott Hotel in Pasay City. Founded in 1983 by Henry Sy, Sr. and Felicidad Sy, SM Foundation …

By Rose de la Cruz If employment and underemeployment figures show declines in such incidents, how come the recent Pulse Asia Research Inc. survey still mentioned that jobs and livelihoods remain the major concern of Filipinos before the 2025 midterm elections. Is the Philippine Statistics Authority or the Department of Labor sugar-coating its reports to make the Marcos administration look …