The Market Monitor Minding the Nation's Business

It is up to the mayor of San Simon, Pampanga, to take the appropriate action, including the issuance of a closure order, against smelting plants found to be violating the law, according to the Department of Environment and Natural Resources – Environmental Management Bureau (DENR-EMB).  The DENR-EMB identified the erring companies as Global Aseana, Ecoseal Matallic Manufacturing Corporation, Chilwee Metallic …

Because of the anomalous sale of the National Food Authority (NFA) of what it called sale to its select private traders of “old and deteriorating” rice stocks, the agency is now under severe tight watch from all sides – except by the courts yet – at a price grossly disadvantageous to the government. The said anomalous sale was first reported …

Habitat loss and human persecution – brought about by myths and legends – have caused the decimation of both fresh and saltwater crocodiles by 82 percent, said Department of Environment and Natural Resources (DENR) Secretary Maria Antonia Yulo-Loyzaga at the 29th Crocodile Conservation Week held in Puerto Princesa City. “Despite destructive activities by humanity, the crocodiles, now considered critically endangered …

In decades past, the Philippines was tops in natural mangroves population in its lakes and shorelines, which through the years were indiscriminately logged over by artisan and commercial furniture makers, people in the remote communities who used them for fencing and all crafts imaginable, and by fisherfolk and farmers. The mangroves were also converted into salt and fish farms, thereby …

No stopping Asian Institute of Maritime Studies. AIMS brought down St. Dominic College of Asia, 59-55, to assume  the solo lead with its fourth straight win in the 30th National Capital Region Athletic Association (NCRAA) basketball tournament at the Bestlink gymnasium in  Novaliches, Quezon City. Karlos Lapira and JB Odvina provided the 1-2 punch for AIMS, which is seeking to …

The Philippine Sports Commission continues its on-ground visits in the Mindanao region as part of its commitment in intensifying the national grassroots sports program delivered across all islands of the nation. Commissioner Edward Hayco, who oversees the agency’s grassroots development  program, spoke in front of sports leaders at the National Grassroots Sports Summit Workshop conducted by the Mindanao Association of …

Team 2000 lived up to its high billing by winning the first-ever E. Rodriguez Jr High School Alumni 3×3 basketball championship at the Barangay N.S. Amoranto covered court in Quezon City. Led by brothers Mark and Jeff Caguisa,  T2000 defeated Batch 98, 14-10, to capture the title in this two-day  competition organized by the ERJHS Alumni Sports Club, headed by …

Over a hundred US companies are interested in exploring investment opportunities in Clark, according to the Bases Conversion and Development Authority (BCDA). The BCDA, in a statement, said American firms have expressed interest in exploring investment opportunities in connective infrastructure, information and communication technology, and the critical minerals sector. BCDA Chairman Delfin Lorenzana and BCDA President and CEO Joshua Bingcang …

PH1 World Developers, a subsidiary of Megawide Construction Corporation, and real estate firm ProFriends recently signed an agreement to execute a joint venture in Imus City to create the “Metro Living with Nature Concept”. The joint venture will build One Lancaster Park (OLP) featuring nine eight-story buildings with basement parking. Under the agreement, PH1WD will develop and operate OLP’s inaugural …

By Robert Andaya Three straight wins and counting for Blackwater Bossing. With veteran coach Jeffrey Cariaso calling the shots and Christian David and Rey Suerte leading the charge, Blackwater is looking good with a perfect 3-0 win-loss record after the first week of competitions in the PBA Philippine Cup. The Bossing have now duplicated  their 3-0 start to the 2019 …