The Market Monitor Minding the Nation's Business

By Rose de la Cruz Despite a vigorous marketing blitz to attract foreign visitors in the country– both by the Department of Tourism and by President Marcos’ promotional travels around the world, Manila– just two points shy from the world’s riskiest city, Caracas, Valenzuela– still suffers from the stigma in a rating done by the credible Forbes Advisor. In the …

By Rose de la Cruz The Department of Transportation and the Japan International Cooperation Agency will collaborate– with the signing Wednesday of a technical cooperation agreement– to improve the efficiency and quality of road transport system specifically in Metro Manila. The agreement focuses on capacity development initiatives for public transport systems including route planning, improving intermodal facilities in Metro Manila, …

Fossil’s highly anticipated Summer 2024 Collection launched in a grand event held at Robinsons Magnolia from July 12-14, 2024. The event featured not only a showcase of the latest fashion-forward accessories but also hosted the Fossil Pickleball Open, attracting fans and sports enthusiasts alike. The event kicked off with a friendly pickleball match featuring influencers, media, and VIPs. This set …

By Rose de la Cruz At P2.5 million monthly salary being asked by Maharlika Investment Corp. president/CEO Rafael Consing, this amount is atrocious and wicked for a country that is reeling from poverty, high unemployment and underemployment, a crisis in education, a yawning housing gap, a country in deep debt here and abroad and a healthcare system that is elusive …

By Rose de la Cruz The United States Agency for International Development and the Public Private Partnership Center, an agency under the National Economic and Development Authority, forged a memorandum of understanding to establish a collaborative framework for a robust pipeline of PPP projects for local government units (LGUs) and other USAID partner institutions in Bohol. The MOU was signed by …

The Bureau of Internal Revenue’s (BIR) recent mandate requiring online sellers to pay withholding tax is a significant step toward modernizing the Philippines’ tax system.  As e-commerce grows exponentially, the tax framework must evolve to ensure fairness and compliance for all businesses. For years, traditional brick-and-mortar establishments have shouldered their share of tax responsibilities, while online sellers have often enjoyed …

Get ready for a weekend of fun as BingoPlus, your comprehensive entertainment platform in the country and provider of your favorite online tongits, bingo, and perya games, prepares to bring BingoPlus Day Cebu Carnival to everyone in Cebu City on July 27, 2024. BingoPlus Day Cebu Carnival will be the first major brand event to be held outside of Metro …

BingoPlus, your comprehensive entertainment platform in the country and provider of your favorite online tongits, bingo, and perya games, maintained its heartfelt support of Philippine culture during the Aliwan Fiesta 2024 at the Cultural Center of the Philippines (CCP) Complex. An annual gathering of different cultural festivals, the Aliwan Fiesta showcases the incredible variety of Filipino culture and the people’s …

The Philippine Postal Corporation (The Post Office) collaborates with the Philippine Ports Authority (PPA) in the issuance of Commemorative Stamps to celebrate the PPA’s 50th anniversary of dedicated service and significant contributions to the nation’s port infrastructure and economic growth held at the historic Metropolitan Theater in Manila on July 11, 2024. This milestone event highlights PPA’s journey from its …

Manila Water aims to expand its services to more than 700,000 additional Taguig customers with the construction of the P577 million Long Term East 3 (LTE 3) Ruhale-Bambang Felix Line. The 3.45-kilometer Ruhale-Bambang Felix Line pipelaying project will pass through the areas of Ruhale M. Natividad, Bambang Felix, DM Cruz, F. Manalo, Bantayan Extension, and Cayetano Blvd. and will provide …