The Market Monitor Minding the Nation's Business

As the Philippines continue to experience high inflation, recording 8.6% in February 2023, Filipinos are expected to adjust their budgets and prioritize essential goods and services. While this poses an opportunity for grocery retailers to increase sales, the ongoing global supply chain disruptions have also made it difficult to keep inventory high and prices low.  According to the World Economic …

Philippine Amusement and Gaming Corporation (PAGCOR) Chairman and CEO Alejandro Tengco disclosed the new management’s plans to focus more on PAGCOR’s regulatory role, expand the agency’s reach and contribute more to nation-building. During the opening of the ASEAN Gaming Summit in Marriott Manila on March 21, 2023, where Tengco was keynote speaker, the PAGCOR chief explained that under his term, …

Lemery, Batangas – Two medical and dental missions were conducted by SM Foundation in Batangas boosting the number of beneficiaries to the SM groups’ CSR program for health and wellness.  At the SM Center Lemery 396 patients from nearby barangays availed of 607 medical and dental services.  Of this number, 325 sought medical consultations from volunteer doctors. The patients were …

By Robert Andaya Lewis Alfred Tenorio of Barangay Ginebra, is hoping to play basketball again.’ Tenorio, nicknamed “Iron Man” of the PBA, announced that he has been diagnosed with Stage 3 colon cancer three weeks ago and that he will undergo treatment under the best doctors in the Philippines and Singapore in the next few months. The 38-year-old guard from …

The much-awaited 5Throws-For-All Philippine Masters Athletics Championship 2023 gets underway on April 14-16 at the Philsports Track and Field Oval in Pasig City. The three-day competition hosted by the National Masters and Seniors Athletics Association of the Philippines (NMSAAP) and presented by 5Throws-For-All  was formally launched during a media briefing at the To Ho Panciteria Antigua in Binondo, Manila recently. …

Ilagan City bet Aira Teodisio captures the gold medal in the recently-concluded ICTSI Philippine Athletics Championships after ruling the open women’s discus throw event at the Ilagan City Sports Complex. REYMUNDO G. NILLAMA

Having a luxurious electric vehicle in town is what FAW Hongqi, one of the newest Chinese brand manufacturers venturing in the country today, would bring to the local market when it appointed EVOxTerra as its official distributor in the Philippines. The official appointment was made during the showcasing of the cars to be introduced to the Philippine market consist of …

Jetour Auto Philippines, Inc. (JAPI), recently appointed as the exclusive country distributor of Jetour automobiles, came up with a superb pricing scheme as it showcased a futuristic-looking crossover with several variants together with the most affordable electric vehicle in the market today during a press preview held at the Okada Manila. “Jetour is a new name in the booming local …

The new Isuzu mu-X, one of the most durable and reliable SUVs in the market of Isuzu Philippines Corporation, is now a head-turner while taking Filipino family driving experience into the next level. The new mu-X offers an invigorating new exterior design fit for that “Premium Family SUV” image as it sports a new sleek two-tone front grille and 20-inch …

A premium high-octane gasoline called Race 97 was recently introduced by Cleanfuel, the purveyor of Quality Fuel for Less, which will provide motorists a cheaper alternative It also offers a big advantage over competitors as motorists can save more while maximizing the engine performance of their vehicles. The Cleanfuel Race 97 is now available at Cleanfuel stations in Katipunan White …