The Market Monitor Minding the Nation's Business

Australian Ambassador to the Philippines HK Yu announced Friday that the Australian government is finalizing an AUD45 million (P1.7 billion) Economic Growth Development Program for the Philippines. During a forum for the Australian Business Mission to the Philippines in Makati City, Yu said the aid aims to boost trade and investment relations between the two countries. In a press conference, …

Finance Secretary Ralph G. Recto has emphasized that the slower inflation rate in August 2024 demonstrates the effectiveness of the government’s targeted interventions to stabilize food prices, and assured the public that it will sustain the downward momentum by staying vigilant against risks. “We will not be complacent. While we are now seeing the positive results of our measures, we …

This September, three prime events in Cebu City—also known as the Queen City of the South—will bring innovation, recreation, and business together in a unique way. The Philippine Building and Construction Expo (PHILBEX Cebu), the Cebu Foods and Beverages Exposition (CEFBEX),), and the Cebu Auto Show (CAS) are set to provide an unmatched exhibition of culinary artistry, automotive innovations, and …

Contecon Guayaquil S.A. (CGSA), International Container Terminal Services, Inc.’s (ICTSI) Ecuadorian business unit, has forged a significant partnership with COSCO Shipping Specialized Carriers to handle the latter’s general cargo ships at the Port of Guayaquil for the next three years. The partnership is in line with CGSA’s objectives to expand its client base, set the regional standard for service, and consolidate …

Manila, Philippines – September 3, 2024 – In a landmark achievement for Filipino hospitality, Megaworld Hotels & Resorts (MHR) has been awarded the prestigious title of the Philippines’ Leading Hotel Group by the World Travel Awards (WTA). This accolade marks a significant milestone for MHR, a rapidly growing homegrown hotel chain renowned for its heartfelt service and dedication to showcasing …

ROBINSONS LAND CLINCHES BEST DEVELOPER TITLE FOR THIRD STRAIGHT YEAR AS DIVERSE PROJECTS FROM LEADING COMPANIES GAIN TOP HONOURS MANILA, Philippines — PropertyGuru Group (NYSE:PGRU), Southeast Asia’s leading property technology company, today honoured the Philippines’ top real estate achievements at the 12th Annual PropertyGuru Philippines Property Awards, presented by Kohler and supported by Boysen Paints and Dongpeng Ceramic. Developers from …

PARIS—Cendy Asusano missed out on a medal in the women’s javelin throw F54 on Saturday but retained her impressive world ranking at the 17th Paralympic Games here. Asusano threw the spear to a personal best of 15.05 meters on her first attempt, finishing fourth in her event as Team Philippines wrapped up its campaign in these Games for the finest …

As part of its ongoing commitment to sustainability, Mondelēz International recently held a 2-day workshop on marine litter with advocacy group Save Philippine Seas for the 27 public elementary schools in its home City of Parañaque. This initiative is central to the company’s Southeast Asia-wide flagship sustainability program “Trash Right,” aimed at fostering a circular economy for plastic and empowering …

The Movie and Television Review and Classification Board (MTRCB) on Thursday upheld its final decision to ban the film “Dear Santa,” originally titled “Dear Satan,” citing the film’s portrayal of “Satan” in a positive light as an attack on fundamental belief of the Catholic and Christian faiths. The film “Dear Santa” was earlier given an X rating as it was …

By Rose de la Cruz From the erection of illegal resorts and houses within the periphery of Chocolate Hills in Bohol, the LGU is now frantically searching for the boatman, tour guide and the divers who vandalized and helped destroy the coral reefs of the Virgin Islands and is also offering P200,000 reward for those who can lead to their …