The Market Monitor Minding the Nation's Business

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By Rose de la Cruz The optimism of the Department of Agriculture about adequate or no shortage of rice this year is commendable and something worth pondering. Where is the optimism of abundant rice coming from– is it the massive imports or from domestic production? Imagine, DA Assistant Secretary and spokesman Arnel V. de Mesa saying that the expected 400,000 …

By Rose de la Cruz With the Philippine Senate’s ratification of the Free Trade Agreement with South Korea, not only would exporters of fruits like bananas and pineapples benefit from the trade accord but investments from SK would also flow in. At least this is what is contained in the FTA that both countries signed in September last year. What …

The flagship loan program of the Government Service Insurance System (GSIS), the Multi-Purpose Loan Flex (MPL Flex),  has lent P208.17 billion to 790,514 members in just one year. The MPL Flex was launched in September 2023 and since then, it blazed a consistent trail of record loan disbursements to GSIS members. The MPL Flex program is designed to provide government …

The Movie and Television Review and Classification Board (MTRCB) released the latest age-appropriate ratings for films showing this week. “Transformers One” produced by Columbia Pictures, received a PG (Parental Guidance) rating. It was reviewed by the committee composed of MTRCB Board Members (BM) Bobby Andrews, Jose Alberto, and Juan Revilla. “A PG classification may contain themes, language, violence, nudity, sex, …

The University of Santo Tomas proudly announces the holding of The Outstanding Thomasian Alumni (TOTAL) Awards 2024 on September 27, 2024 at the Dr. Robert C. Sy Grand Ballroom, Buenaventura Garcia Paredes, O.P. Building, also known as Thomasian Alumni Center in UST Manila. The TOTAL Awards is a biennial event where the University confers its highest honors upon Thomasian alumni …

Last August 1, UA&P held the awarding ceremony for this year’s recipients of the Dr. Placido L. Mapa, Jr. Scholarship Endowment. Five students were awarded the scholarship, which includes 100% coverage of tuition and miscellaneous fees, a 10-month stipend of Php8000 a month, an internet allowance of Php1000 a month, a laptop, and a Professional Development Coach from among the …

By Rose de la Cruz Believing that monopoly power distributor, Manila Electric Company, has been overbilling consumers, the National Association of Electricity Consumers for Reforms Inc. (NASECOR) asked Malacanang to compel the Energy Regulatory Commission to act on a petition to audit Meralco, and if warranted, refund them from overcharged rates. In a letter to President Marcos Jr., NASECOR stressed …

DASMARIÑAS CITY, Cavite – The Philippine Amusement and Gaming Corporation (PAGCOR) inaugurated here Wednesday, September 18, its 41st completed Socio-Civic Center three years after its groundbreaking in October 2021. The three-story modern structure was built with a Php50 million grant from PAGCOR and is the only socio-civic facility with complement funding from the city government, bringing the total project cost …

By Rose de la Cruz After 20 years languishing in the House, the Magna Carta of Filipino Seafarers has been signed into law today. In a press statement, Rep. Kristine Alexie Besas Tutor (Bohol, 3rd District), chair of the committee on Civil Service and Professional Regulation and one of the law’s authros, said those covered by the new law are …