The Market Monitor Minding the Nation's Business

Mitsubishi Motors Philippines (MMPC) presents its “Taralets Pinas” campaign, a nationwide initiative celebrating the Filipino spirit of adventure and making every journey better with Mitsubishi vehicles. The campaign is a celebration of MMPC’s 60th anniversary and its unwavering commitment to making life better for Filipinos by supporting and cultivating their passion for travel and exploration. It aims to inspire Filipinos …

GAC Motor Philippines concluded the year by achieving its target of 2,000 units in retail sales in 2023. This is a substantial year-over-year growth of 378%, underscoring the brand’s growing popularity among car buyers in the Philippine market. The notable increase in sales can be attributed to the increasing demand for its product lineup, which includes the Empow, Emkoo, Emzoom, …

The business unit of Bosch Automotive Aftermarket will be realigned into “Bosch Mobility Aftermarket” as a vital part of the Bosch Mobility sector starting this month. Bosch is reacting to the changes in the market and is actively shaping the future of mobility in view of changing customer requirements. At the same time, “Mobility Aftermarket” reflects the idea of understanding …

International race car driver Zachary ‘Zach’ David is taking a major step up the motorsports ladder for the upcoming season as he announced his entry in both Formula Regional Middle East and Formula Regional European Championships for 2024, making it a very busy year ahead for the young Filipino driver. Formula Regional is positioned after Formula 4 and before Formula …

A lone winner from Albay, who bagged the P571 million jackpot prize in the Ultra Lotto 6/58 drawn last December 29, 2023, said that the Philippine Charity Sweepstakes Office (PCSO) games and draws are authentic. The lucky lotto bettor correctly guessed the winning combinations 19-35-25-42-58-05 and claimed her winnings on January 2. “Ang masasabi ko lang sa mga nagsasabi na …

Some P7.5 billion in funding has been earmarked  for the upgrade of 22 airports and aviation facilities, including the one on Pag-asa Island. Makati City Rep. Luis Jose Angel Campos, Jr., Vice Chairman of the House Appropriations Committee, said that rehabilitation efforts will be carried out under the following budget breakdown: ·      P1.64 billion for Ninoy Aquino International …

The 2024 National Budget has allocated at least P1 billion to speed up the development of protected bicycle lanes and pedestrian pathways. The 2024 budget is a huge jump from the original P500 million proposals for the Active Transport and Safe Pathways Programs (ATSPP), according to Quezon City Representative Marvin Rillo. Rillo said the ATSPP assures Filipinos that cycling is …

The Department of Budget and Management (DBM) last week released P550 million for the National Kidney and Transplant Institute (NKTI). In a statement, the DBM said that Secretary Amenah Pangandaman has approved the issuance of Special Allotment Release Orders (SAROs) amounting to P550 million to cover the funding requirement for the Out-Patient Department (OPD) Building of NKTI. The department explained …

President Ferdinand Marcos, Jr. is set to put up drug treatment and rehabilitation facilities for each province before he steps down from office. The Chief Executive also aims to establish community-based drug rehabilitation programs (CBDRPs) and Anti-Drug Abuse Councils (ADACs) in all provinces, cities, municipalities, and barangays. The Marcos administration announced the plan after revealing that roughly P10.41 billion worth …

Lea Salonga and Jonathan Pryce (Photo Credit: Lea Salonga’s Instagram) Just as Filipino international star Lea Salonga has announced that her current show at West End, “Sondheim’s Old Friends,” is a memorable experience, what can also be an unforgettable event is the showing up of a Hollywood big star and a former co-star in the West End and Broadway blockbuster …