The Market Monitor Minding the Nation's Business

Malolos, Bulacan – Christmas came early for some 3,000 locals here during the launch of the Philippine Amusement and Gaming Corporation’s Bawat Buhay Mahalaga Serbisyo Caravan today.  The two-day event at the Bulacan Capitol Gymnasium is inspired by President Ferdinand Marcos Jr.’s pledge to bring government services closer to local communities, according to PAGCOR Chairman and CEO Alejandro H. Tengco. …

The Horasis Asia Meeting 2023 concluded with a focus on promoting intelligent communities, advancing human-centric technology, and fostering sustainability across the Asia-Pacific region. Atty. Agnes VST Devanadera, President and CEO of Clark Development Corporation (CDC), emphasized the significance of technology while highlighting the central role of human capital. “We use technology as a tool, but human capital should remain at …

By Rose de la Cruz Danilo Arcales Bolos is one farmer who has made a record in the country not just for his fete in producing 17 metric tons per hectare (even recently hitting 19 mt/hectare) for hybrid rice which he gladly shared with colleagues but also for having successfully raised his children until they finish their professions. On the …

Newly-confirmed Agriculture Secretary Francis Tiu Laurel went through the wringer of the Commission on Appointments without much difficulty because of the complete trust reposed on him by his best friend whom he supported in the national race, President Ferdinand Marcos Jr.. He vowed to make the entire agriculture sector profitable and attractive enough for the youth to engage in its …

The Department of Agriculture, through the Philippine Center for Postharvest Development and Mechanization (DA-PhilMech) and the Korea International Cooperation Agency (KOICA) launched on Thursday the country’s first Agricultural Machinery Design and Prototyping Center (AMDPC). Agriculture Secretary Francisco Tiu Laurel, Jr. led the inauguration of the 2,000-square meter facility located at PhilMech in the Science City of Munoz, Nueva Ecija. “This …

The Department of Agriculture through the Agribusiness and Marketing Assistance Service (AMAS) and the DA-RFO CALABARZON will host the Young Farmers Challenge Program (YFC) 2023 National Awarding Ceremony on December 14, 2023, at the Development Academy of the Philippines, Tagaytay City. The event is the culmination of a ladderized competition from the provincial to the national level. A total of …

The Philippine Coast Guard (PCG) announced recently that it considers building a fleet base at Subic in Zambales. According to PCG Admiral Ronnie Gil Gavan, they are now identifying possible locations of port facilities that can accommodate bigger ships. “On the issue of a port facility for these bigger ships, we are working toward the establishment of our fleet base …

The Department of Human Settlements and Urban Development (DHSUD) has activated its shelter cluster teams to attend to the housing needs of families and individuals displaced by the recent Magnitude 7.4 earthquake in Surigao del Sur DHSUD Secretary Jose Rizalino Acuzar said he ordered the agency’s shelter clusters teams in Caraga and Davao region to assist quake-hit communities in the …

President Ferdinand Marcos, Jr. recently signed both the Public-Private Partnership (PPP) Code of the Philippines and the Internet Transactions Act of 2023. Republic Act No. 11966 or the PPP law would “establish a stable and predictable environment for collaboration between the public and private sectors to address the gaps in the infrastructure systems and also free up much-needed resources to …

A typhoon-resilient structure symbolizing progress and will serve as shelter for personnel and equipment on the Kalayan Island Group (KIG) was inaugurated by the Philippine Navy recently. The formal opening of a new administrative and research facility was done during the visit of PN Chief Vice Admiral Toribio Adaci Jr in a remote island detachment. Adaci also visited the far-north …