The Market Monitor Minding the Nation's Business

One Meralco Foundation (OMF), the corporate social responsibility (CSR) arm of the Manila Electric Co. (Meralco), with Tulong Kapatid, the consortium of companies and foundations led by Manny V. Pangilinan, brought relief packs to residents of Apalit, San Simon, and Macabebe in Pampanga who were affected by the recent southwest monsoon intensified by Super Typhoon Carina.  One of the mayors …

Samahang Plaridel recently commemorated the 174th birth anniversary of Marcelo H. del Pilar at his monument at MHDel Pilar St., cor. Quirino Ave., Malate, Manila. Photo shows the personalities gracing the wreath-laying: from (upper left) Plaridel Director Atty. Hector Villacorta; Plaridel Vice President Andy Sevilla; Plaridel Director Vito Barcelo; (lower left) Plaridel Exec. Sec. Nelly Lumbaca; Plaridel Director Ms. Carmelita …

The Philippines is hailed as among the fastest-growing construction markets, according to the experts from YCP Solidiance, a business management consultant.  Research made by YCP Solidiance showed that the local construction industry is expected to grow by another 9.6 percent until 2025 at a value of US$8.4 billion from the projected increase of 21.2 percent between 2020 and 2023.  The …

CLARK could become a major engine of growth for Central Luzon and the whole country. This was stressed by Senator Mark A. Villar, chairperson of the Senate Committee on Government Corporations and Public Enterprises, as he cited Clark’s potential on the back of several high-impact projects in the special economic zone.  In a forum held last month, Villar expressed excitement …

By Jinky Jorgio The Department of Transportation (DOTr) announced the construction of a multi-billion peso Taguig Integrated Terminal Exchange (TITX).  DOTr and partner Ayala Land Inc. plan to break ground for TITX before the end of 2024.  Transportation Secretary Jaime Bautista said the project, originally planned more than a decade ago, could finally begin construction as the government is close …

The operation of the world-class Bulacan airport has been pushed to 2028 due to the construction delays.  San Miguel Corp. (SMC) President and Chief Executive Officer Ramon S. Ang admitted that the delays are mostly caused by a lack of “panambak” or backfill.  “We are working closely with the government to help us, to allow and give us some panambak. …

By Robert Andaya  BASKETBALL remains a widely-followed team sports, but the Philippine Basketball Association (PBA) Season 49 Governors’ Cup has already produced several outstanding individual performances from both local and foreign players after only two weeks of action-packed games.  These standout performances have enabled to fire up the imagination of even the most local basketball analysts and bring the fans …

PARIS – Para wheelchair racer Jerrold Mangliwan’s heat struggles apparently spilled over into the finals Friday night (Saturday morning in Manila), finishing eighth and last in the men’s 400-meter T52 race in a sub-par time of one minute and .04.55 seconds in the 17th Paris Paralympic Games at the packed Stade de France here.  After placing seventh out eight qualifiers …

FOUR wins in a row for Rain or Shine.  Aaron Fuller and Adrian Nocum provided the spark as the Elasto Painters rolled to their fourth straight win after posting a 116-99 victory over all-Filipino Phoenix Super LPG in the PBA Season 49 Governors Cup at the Ninoy Aquino Stadium in Manila.  Fuller finished with another monster numbers of 28 points …

DigiPlus Interactive Corp., the fastest-growing digital entertainment company in the Philippines, together with its popular sports betting app ArenaPlus, proudly celebrated Carlos Yulo’s historic victories at the 2024 Paris Olympics by presenting him with a generous five million peso cash gift during a grand media event dubbed “Astig Ka, Carlos!”  Held last August 31 at Cinema 11 of Gateway Mall …