The Market Monitor Minding the Nation's Business

1800 Eastwood Avenue and 1880 Eastwood Avenue are awarded prestigious certifications for leading the way in PH as ‘healthy buildings of the future’ Two out of the 14 buildings under the portfolio of MREIT, Inc., the REIT company of the country’s largest office landlord, Megaworld, etched a historic milestone after each receiving a Powerful (4 stars) IMMUNE™ certification from Healthy …

Underscoring the important role of communications in shaping the Philippines in the next normal, MVP Group of Companies Chairman Manuel V. Pangilinan and Alliance Global Group Chief Executive Officer Kevin L. Tan headline the list of business icons who will be leading thought-leadership conversations during the National Public Relations Congress hosted by the Public Relations Society of the Philippines (PRSP) …

New appointments to the Cabinet of President-elect Ferdinand Marcos, Jr. were announced. They are: former Senator Juan Ponce Enrile as presidential legal counsel; outgoing Justice Secretary Menardo Guevarra as solicitor general; and former Armed Forces of the Philippines chief of staff Gen. Jose Faustino Jr. as officer-in-charge of the Department of National Defense.  Enrile, 98, who was instrumental to the …

By Jesse C. Ong The Independent Electricity Mar­ket Operator of the Philippines, Inc. (IEMOP) is seeking a thor­ough review by the Department of Energy (DOE) of the Wholesale Electricity Spot Market (WESM) operations and management pol­icies to end all speculations of graft and mismanagement by its detractors. IEMOP President & CEO Atty. Richard J. Nethercott yesterday said that it is …

“The agriculture sector made the smallest contribution to the country’s economic growth compared to other industries, according to the Philip- pine Statistics Authority (PSA). PSA said agriculture, forestry and fishing’s (AFF) contribution to the country’s gross domestic product in 2021 was equivalent to a share of 9.6% against 10.2% a year ago. This compares poorly to the 60.5% share and …

President-elect Ferdinand “Bongbong” Marcos Jr.’s campaign promise to lower the price of rice to P20 per kilo is “not possible” in the near-term, according to incoming Agrarian Reform Secretary Conrado Estrella III. “I don’t think it is [possible] in the very near future; it’s not possible. But you know how technology is,” he added, hinting that rice selling at P20 …

The World Health Organization (WHO) called on all nations to invest more in addressing mental health issues, saying “the suffering is enormous” aggravated by the COVID pandemic.  Before the pandemic, almost a billion people were living with a mental disorder, the UN agency said in its “World Mental Health Report”, the largest review of global mental health over the last …

The economic team of outgoing President Rodrigo Duterte recommended the revival of the mining industry to generate jobs and develop host communities where mines are located. The National Economic and Development Authority, the Department of Environment and Natural Resources (DENR), the Department of Finance and the Development Academy of the Philippines recently released a joint report that said their initial …

Three out of every 10 Filipino adults or 34% said their quality of life got worse during the last 12 months, according to a survey by the Social Weather Station. The survey conducted from April 19 to 27 with 1,440 respondents showed that 34% of Filipinos believe their quality of life became worse (classified by SWS as “losers”) compared to …

Residents of Dingalan, Aurora now have a typhoon-resilient evacuation facility to turn to in times of calamities, following the inauguration of the municipality’s P50 million worth Multi-Purpose Evacuation Center (MPEC) on June 16, 2022. The two-storey structure was funded by the Philippine Amusement and Gaming Corporation (PAGCOR). Dingalan’s picturesque mountains, scenic beaches and pristine waterfalls make it a go-to haven …