The Market Monitor Minding the Nation's Business

Mang Inasal, the Philippines’ Grill Expert, showcased some of the Philippines’ most iconic foods and brought it to a global stage at the first United Nations Tourism Regional Forum on Gastronomy Tourism for Asia and the Pacific. The event was hosted by the Philippine Department of Tourism (DOT), and held last June 26, at the Shangri-La Mactan Resort in Cebu …

A-FLOW Properties I Corp. (A-FLOW), a joint venture between Ayala Land, Inc. (ALI) subsidiary AyalaLand Logistics Holdings Corp. (ALLHC) and FLOW Digital Infrastructure, and Land Bank of the Philippines (LANDBANK) announced the signing of a P2.4 billion loan agreement representing Tranche 1 of a P10.8 billion 10-year loan. The signing of the loan facility agreement underscores the mutual commitment to …

By Rose de la Cruz The continuing rise of preference by Filipino commuters to motorcycle taxis (habal habal) now at 60 percent is because of the government’s dismal performance in improving the public transport system on account of bureaucratic hitches, budgetary constraints and its obvious bias for privately-owned cars. A survey done by WR Numero Opinion Monitor, a research company, …

By Rose de la Cruz The Philippines would miss its export goal of $143 billion unless it grows exports by double-digit, said Philippine Exporters Confederation Inc. (PhilExport) President Sergio Luis-Ortiz. He estimated the possibility of reaching the 2024 target coming into fruition by three years or by 2027.  But, he stressed, the Philippines must first resolve its problems with electricity, …

The all-new Mitsubishi XForce, a revolutionary compact SUV designed to provide excitement, comfort and practicality to Filipinos, was launched recently in a grand fashion at the luxurious Shangri-la at the Fort in Taguig City. Mitsubishi Motors Philippines Corporation president and CEO Ritsu Imaeda led the unveiling of the company’s latest entry in the country’s booming automotive industry. Imaeda showcased the …

All-Inclusive Sales Inc. (AIS), a leading distributor of automotive replacement parts and supplies, launched four new products and brands to expand its portfolio of automotive repair items during its Trade Night last week at the Gloria Maris in Greenhills, San Juan.  The event gathered industry professionals, clients, and partners for an evening of networking and product updates. Four leading automotive …

ACMobility launched a new EV charging hub in Ayala Malls Manila Bay recently as part of the company’s initiative to expand EV infrastructure throughout the Philippines. The new charging hub is near the Almario Road parking entrance of Ayala Malls Manila Bay that boasts user-friendly features and cutting-edge technology designed to accommodate the growing EV community. It is consists of …

Owning an MY2023 Wrangler Unlimited Rubicon  now comes with an exciting P500,000 discount if you buy one before the end of this month from one of the five Jeep dealerships nationwide. This is limited-time offer that captures the essence of freedom and adventure in the “Unlimited Freedom: The Great Seven-Slot Grille Celebration” which is an thrilling experience of  owning this …

Jetour Philippines reaffirmed its commitment to the Philippine market by presenting its strategic objectives for the second half of 2024 and outlines a comprehensive growth strategy for the coming year being a young automotive brand in the Philippines during its 2024 Mid-Year Business Conference held last month at the Solaire Resort North, Vertis North. Executives, officers, sales and marketing teams …

By Rose de la Cruz Bohol has become a favorite of investors in the country’s tourism sector, according to a report of business blog site, Bilyonaryo. While investors remain cautious about short-term prospects in the country, many are optimistic about the medium and long term, with Bohol emerging as the most attractive location, according to Alfred Lay, director for Hotels, …