The Market Monitor Minding the Nation's Business

There is a new ride-hailing service platform entering the Philippine market soon and it is called the inDrive, a US-based global mobility and urban services platform which is looking to offer its services in Manila, Cebu, Davao, Bacolod and Baguio. The Global mobility and urban services platform inDrive wants to solve mobility challenges in the country and change the local …

There is now solid proof that not all in Russia support Vladimir Putin’s invasion of Ukraine. A group of soldiers – called by state media as Wagner mercenaries – had vowed to take control of Moscow “in a march of justice” to denounce the conduct of the 16-month-long war in Ukraine. Yevgeny Prigozhin, leader of the Wagner mercenaries, said they …

The world is our oyster, and traveling is the greatest means to optimize what life may offer. From backpackers aiming for an independent journey to exchange students hoping to broaden their knowledge, each person travels across the globe with a specific goal stored in their luggage. As for architects with global visions, traveling helps them develop a more comprehensive understanding …

A recent global survey conducted by FWD Group Holdings Limited revealed that the ongoing economic challenges are among the top causes of mental health among Filipinos. The FWD Group survey in collaboration with Blackbox, an independent research company, interviewed more than 10,000 respondents across sixteen international markets and was one of the largest completed in Southeast Asia. As the prices …

The National Commission of Senior Citizens (NCSC) in cooperation with a civic group based in Manila held the biggest-ever online database registration activity here on Friday.  More than a thousand senior citizens from the 5th District of Manila and adjacent barangays showed up at the venue to personally register online with the assistance of MOP encoders and NCSC team of …

First Lady Liza Araneta Marcos will make the ceremonial first serve to open the Volleyball Nations League (VNL) Men’s Week 3 Pasay City leg on July 4 at the SM Mall of Asia Arena. Mrs. Marcos will make the serve before the 7 p.m. match between world No. 7 Japan and No. 25 China on opening day at the SM …

By Robert Andaya Games Tuesday:4 p.m. – All-Star Coaches vs LGU Bayugan6:30 p.m. – Bustamante Construction – Adamson vs Wingbe Apartelle & Adbio Medica OPC All-star8 p.m. – ARQ Builders-FEU vs Vincare Pharma-Lyceum  Defending champion ARQ Builders-Far Eastern University opens its title-retention bid against Vincare Pharma-Lyceum of the Philippines University at the start of the Mayor Kirk Asis Open Invitational …

President Ferdinand R. Marcos Jr. has appointed Monetary Board Member (MBM) Eli M. Remolona as the next Governor of the Bangko Sentral ng Pilipinas (BSP) and Chairman of the Monetary Board. This was announced recently by the Presidential Communications Office. MBM Remolona, 70, will serve a six-year term as Governor and Chairman of the Monetary Board starting 3 July 2023. …

Consumer sentiment for Q2 2023 remained pessimistic as the overall confidence index (CI) was steady at -10.5 percent from -10.4 percent in Q1 2023.  This means that the pessimists continued to outnumber the optimists, but the margin was almost unchanged from the previous quarter. The sustained negative sentiment for Q2 2023 was attributed by consumers to their concerns over: (a) …

Chinese businesses see the Philippines as a prime spot for their investments – this was the resounding sentiment of Chinese investors as the country welcomed members of the Chinese Enterprises Philippine Association (CEPA) who are wanting to leverage on the numerous investment prospects the country has to offer, during the Philippine Investment Opportunities Briefing for CEPA on June 15, 2023 …