The Market Monitor Minding the Nation's Business

More than glory and honor, elite paddlers from all over the world, including the host Philippines, will have extra motivation to do well and excel in the ICF Dragon Boat World Championships scheduled Oct. 27 to Nov. 4 in the picturesque coastal city of Puerto Princesa in Palawan.  The International Canoe Federation, the world governing for the sport, has sanctioned …

JAC Philippines unwrapped its all-new Ytterby electric vehicle last week at the newly inaugurated JAC Pasig showroom of Autohub Group of Companies. The newest showroom is located at the corner of E. Rodriguez Jr. Avenue and Jose Cruz st. in bgy. Barrio Ugong that has a 12-car display and is the first of 7 JAC Philippines dealerships to be inaugurated …

Maybank Philippines, a member of the Maybank Group which is a leading financial services group ranked No. 4 in the Asean in assets, unveiled its upgraded Maybank2U PH (M2U) mobile app that hosts new features, refined user interface, and performance improvements designed to provide users with a safer, and a more seamless and engaging experience, during a night-long celebration at …

The race is on for the Motul King Of RIOT, considered as the country’s premiere 4 x 4 international competition, that fires off Nov. 26 to Dec. 1 at the breath-taking Caliraya Mountain Lake Resort in Cavinti, Laguna. Now on its fourth year and organized annually by the Rizal International Off-Road Track headed by Mayor Jun Siquian, more than 150 …

MG Motor Philippines, in partnership with Ever Mile Motors, opened its MG Calamba dealership recently that will deliver a complete 3S dealership experience and combines innovation and convenience. It is located at Purok 2 Pan-Philippine Highway, Calamba, Laguna. The MG Calamba is the newest addition to the growing network of MG showrooms that underscores the brand’s commitment to providing top-tier …

Chevron Philippines Inc. (CPI) has renewed its partnership with Edukasyon.PH to offer training and employment assistance to underserved individuals through the AWS re/Start program. (From left to right: Jason Gaisono, Board Member at Edukasyon.ph, Sophia Isabelle C. Fontanilla, Board Member at Edukasyon.ph, Raissa Bautista, Corporate Affairs Manager CPI, and Joel Gaviola, Corporate Affairs Advisor CPI.) Chevron Philippines Inc (CPI), marketer …

Mitsubishi Motors Philippines Corporation (MMPC) will proudly host the world premiere of its latest concept vehicle – a 7-seater SUV concept at the highly anticipated 9th Philippine International Motor Show 2024, marking a monumental occasion for both Mitsubishi Motors Philippines and the Philippine automotive industry. The unveiling of this new 7-seater SUV concept in the Philippines underscores the brand’s dedication …

The Board of Investments (BOI) has reported a remarkable increase in project registrations from Chinese investors this year, despite ongoing maritime tensions between Manila and Beijing.  According to a recent announcement, the BOI approved projects totaling over P1 billion from Chinese sources between January and September 2024. This figure represents a staggering 237 percent increase compared to the same period …

A new financing program for franchising businesses will be launched this month through the Department of Trade and Industry’s (DTI) financing arm Small Business Corporation (SBCorp). This, as the DTI, SBCorp and the Philippine Franchise Association (PFA) signed a memorandum of agreement (MOA) in Makati City Tuesday to promote micro, small and medium enterprise (MSME) development through franchising. Part of …

The Department of Trade and Industry (DTI), in partnership with the National Commission for Culture and the Arts (NCCA) and the British Council, celebrated the resounding success of the Creative Nation Summit 2024.  Held at the Rizal Park Hotel from September 30 to October 01, the summit seized the potential of the Philippine creative industries to drive economic growth and …