The Market Monitor Minding the Nation's Business

Must an entertainer give in to the clamor of fans to perform even if he/she isn’t feeling well yet? If anything untoward happens to the performer, is he/she liable in his/her action? Or should the blame be put on the insistent fans? This is still the question left hanging as singer Jovit Baldovino recently died of aneurism before he was …

The Philippines was again voted as the “world’s best country tourism destination” in the 2022 Uzakrota Global Travel Awards, cementing its position as a top-of-the-mind travel spot even during the pandemic. The country bested other countries nominated with 721 votes, bagging the award for the second time since it held the title in 2020. The initiative was led by the …

Clark International Airport Corp. (CIAC) will now oversee the operations of the Clark International Airport. CIAC officer-in-charge Darwin Cunanan said that Transportation Secretary Jaime Bautista directed the agency to exercise “regulatory supervision and oversight of activities occurring within the Clark Civil Aviation Complex, including CRK,” beginning last November 7, 2022. As DOTr implementing arm, CIAC will exercise oversight functions of …

Philippine Airlines (PAL) will resume commercial flights to Baguio beginning Dec. 16, using the 90-seater De Havilland Dash 8 Series 400 next generation aircraft, operating the Cebu to Baguio and vice versa route. The Cebu-Baguio route is the latest addition to PAL’s network of domestic flights connecting the Queen City of the South to various cities in Luzon, Visayas, and …

Japanese tourists are invited to visit and experience the now fully opened Philippines. The government had been doubling efforts to attract more Japanese to the country, who were the fourth top market prior to the pandemic. Arrivals from Japan reached 682,788 in 2019 but figures dramatically went down to 136,664 in 2020 and 15,024 last year as coronavirus compels countries …

Tourism Secretary Christina Frasco highlighted the benefits of transitioning to the new eTravel system for returning Filipino residents and tourists, saying this allows for better mobility and enhanced traveler experience. Frasco said the agency has supported the removal of the One Health Pass, the transition to the e-arrival card and now the full integration of the arrival and departure system …

The Philippine Coast Guard (PCG) is deploying 25,000 staff for Oplan Biyaheng Ayos: Pasko 2022.  According to PCG Commandant, Admiral Artemio M Abu, Coast Guard Districts, Stations, and Sub-Stations nationwide will be on heightened alert from December 15, 2022 to January 7, 2023.  This is to ensure that the riding public will have safe, secure, convenient and comfortable sea travel …

Congratulations, Hotel Sogo! The country’s largest Filipino-owned hotel chain company has been awarded as Asia’s Most Outstanding Hotel Chain of the Year and Philippines Most Leading Hotel Chain of the Year. Meanwhile, Hotel Sogo’s CEO, Mr. Reynaldo M. Malaca was recognized as the Philippines Most Outstanding CEO of The Year at the recent Asian Business Excellence Awards 2022 held in …

Insular Life (InLife) has been selected as the 2nd runner up in the Community Engagement and Partnerships category at the recently held 2022 Regional Asia-Pacific Women’s Empowerment Principles (WEPs) Awards. The country’s largest Filipino life insurance company received the award “for exemplary practice embracing the women’s empowerment principles in Asia-Pacific.” This regional award follows the recognition given to InLife, through …

Regulatory compliance: a key sustainability driver and a challenge In a recent media event held by SAP at its headquarters at the NAC Tower, Bonifacio Global City in Taguig, Rudy Abrahams was joined by Apple Evangelista, Head, Sustainability and Social Responsibility (SSR) of Globe Group and Henrik Batallones, Marketing and Communications Director of the Supply Chain Management Association of the Philippines (SCMAP) to discuss …