The Market Monitor Minding the Nation's Business

The country’s sugar production might suffer a setback if Mt. Kanlaon’s projected eruption materializes and lahar flows from the active volcano. This as the Sugar Regulatory Administration said it is on alert due to possible lahar flows which could threaten sugar plantations near the restive Kanlaon Volcano, Business Mirror reported. The volcano, which recently spewed ash, has been under close …

By Robert Andaya It will be a “Night of Legends” on Tuesday, September 24 Basketball great Robert Jaworski Sr. will be honored with a Lifetime Achievement Award during the 30th PBA Press Corps Annual Awards Night at the Novotel Manila Araneta City. Jaworski, nicknamed the “Big J” during his long and colorful career in the PBA from 1973 to 1998  …

The Samahang Basketbol ng Pilipinas (SBP) will be restructuring the Gilas Pilipinas Youth program as head coach Josh Reyes has stepped down from his position. “We thank coach Josh for his service to the SBP and to the country in leading the Gilas Youth program for the past six years,” said SBP President Al Panlilio. “While he leaves his role …

The Next Generation Basketball League (NGBL) is in full swing, and it is living up to its promise of being the newest stage for the Philippines’ future stars to showcase their prowess. High School studs from the University of Perpetual Help System DALTA, University of Santo Tomas, and San Beda University have been making waves in the league, with their …

THE first ever Asian Mixed Martial Arts Manila Open hosted by the newly-formed Nasyonal Mixed Martial Arts Pederasyon ng Pilipinas (NMMAPP) will be held from October 14 to 16 at the Grand ballroom of the Marriott. Philippine Olympic Committee (POC) President Abraham “Bambol” Tolentino, the NMMAPP president, along with Secretary-General Alvin Aguilar announced the 11-division weight class competitions supported by …

The government is committed to implementing various reforms to drive sustained economic growth, according to National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan. Speaking at the Fourth Philippines-Singapore Business and Investment Summit in Singapore, Balisacan emphasized the need for investments in infrastructure and innovation to support the government’s goal of achieving a sustainable and environmentally conscious future. These investments, …

The Department of Trade and Industry (DTI) is set to host the 26th Likha ng Central Luzon Trade Fair at  Megatrade Hall 2, SM Megamall in Mandaluyong City, from October 16 to 20. This highly anticipated annual event spotlights the creativity, innovation, and sustainability of Central Luzon’s artisans and entrepreneurs under the theme “Tatak Pinoy! Innovative and Sustainable Products.” This …

Finance Secretary Ralph Recto has urged Singaporean investors to explore investment opportunities in the country’s infrastructure flagship projects. In his speech during the 4th Philippine-Singapore Business and Investment Summit (PSBIS) held on Thursday at Shangri-La, Singapore, Recto also assured investors that the much-anticipated enactment of the Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy …

Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona, Jr. emphasized that central banks possess the regulatory tools to manage critical climate risks. He said this at the recent “International Conference on Green Transition, Capital Flows, and Financial Stability in Asia-Pacific” in Mactan. According to the Governor, central banks that recognize climate risk as an “implied mandate” can draw from …

The Bangko Sentral ng Pilipinas (BSP) will reduce the reserve requirement ratios (RRRs) of banks as part of its efforts to reduce distortions in the financial system. In a statement on Friday, the BSP said the RRR of universal and commercial banks (U/KBs) and non-bank financial institutions with quasi-banking functions (NBQBs) will be reduced by 250 basis points to 7 …