The Market Monitor Minding the Nation's Business

Visayas Container Terminal (VCT), International Container Terminal Services, Inc.’s (ICTSI) cargo handling facility in Iloilo, Philippines, has significantly enhanced its operational capability after taking delivery of two new ESP.5 Konecranes Gottwald mobile harbor cranes (MHC). The modern port equipment, the largest and first of their kind in the island of Panay, will elevate the standard of port operations in the …

Landers Superstore’s Japan Fest was a resounding success. This vibrant festival brought a taste of Japan’s rich culture, featuring mouthwatering cuisine, traditional experiences, and exclusive shopping deals. From authentic Japanese dishes to family-friendly activities, it was an unforgettable celebration for all attendees. Whether you’re a fan of Japan or just looking for a fun-filled event, Japan Fest was the place …

Bulova, the iconic American watch brand, has opened an exclusive pop-up shop at the ground floor of SM Makati, showcasing its latest collections and celebrating a timeless legacy of craftsmanship. Founded in 1875 by Joseph Bulova, the company is now owned by the Citizen Watch Co., a Japanese conglomerate. Bulova is known for offering classic and elegant timepieces that balance …

by Annalyn S. Jusay With the blueprint for a new UN Tax Convention approved last month, civil society organizations across Asia are intensifying their call to “Tax The Rich, Not The Poor” as they prepare to collect at least 1 million signatures this October in support of a campaign called the “Peoples’ Petition for Wealth Tax for Public Services & …

by Boy Villasanta Chinoy artist Rebecca Chuaunsu and versatile thespian Ronnie Lazaro won Best Actress and Best Actor, respectively, at thd recently concluded 2024 Sinag Maynila Film Festival held at the Metropolitan Theater in Manila Sunday night. Chuaunsu bagged the prize for her role as the demented Chinese woman whose memory is restored with the aid of her locket necklace …

The Department of Labor and Employment (DOLE) assured continuous government support and assistance to workers affected by the closure of Internet Gaming Licensees as part of the presidential ban on Philippine Offshore Gaming Operators (POGOs). In a Macalañang Insider interview, DOLE Secretary Bienvenido Laguesma reported that aside from conducting job fairs, they are currently profiling the affected workers to determine …

The Philippine Charity Sweepstakes Office (PCSO) hosted its  Charity Summit on Thursday, aiming to enlist other stakeholders’ support and cooperation while mapping out strategies on improving the delivery of charity services in the country. In his message, PCSO General Manager Melquiades Robles emphasized the importance of the summit even as he enumerated at least four of their stated goals. The …

The Office of Civil Defense (OCD) is committed to further strengthening its ties with Japan in the field of disaster risk reduction and management (DRRM). This came after representatives from the Japan Ground Self-Defense Force (JGSDF) and Japan Ministry of Defense (MOD) paid a courtesy call on OCD administator Undersecretary Ariel Nepomuceno in Camp Aguinaldo, Quezon City on Sept. 3, …

The country’s unemployment rate decreased to 4.7 percent in July from 4.9 percent in the same month last year, the Philippine Statistics Authority (PSA) said Friday. In a briefing, National Statistician Dennis Mapa said the results of the latest labor force survey showed that in terms of magnitude, the total number of unemployed individuals in July 2024 was registered at …

The country’s manufacturing output, both in volume and value, grew at a faster pace in July this year, the Philippine Statistics Authority (PSA) said. Results of the latest Monthly Integrated Survey of Selected Industries released on Friday showed that the value of production index (VaPI) expanded by 4.7 percent in July, up from the 3.3 percent in June. It was …