The Market Monitor Minding the Nation's Business

“All that PAGCOR did was to follow the law and court processes.” In fact, in his letter dated May 4, 2022, Atty. Roderick R. Consolacion, PAGCOR’s Chief Legal Counsel told the lawyers of the contending groups that “it is for the Supreme Court to resolve the merits of the pending case. In the meantime, the Status Quo Ante Order (SQAO) …

“No violent incident occurred during the Okada Manila takeover”. Mr. VINCENT LIM, Assistant Vice President for Corporate Marketing and Communications of Okada Manila, stressed that alleged claims by certain individuals from Tiger Resorts Asia Limited (TRAL) that KAZUO OKADA’s Team employed violent tactics in order to enforce the STATUS QUO ANTE ORDER issued by the Supreme Court of the Philippines …

Land Bank of the Philippines (LANDBANK) President and CEO Cecilia C. Borromeo was recognized as a distinguished alumnus awardee for corporate governance in banking and finance by the University of the Philippines Alumni Association (UPAA). Borromeo received the recognition for her career achievements from UP Alumni Regent and UPAA President Reynaldo Laserna, UP Vice President for Public Affairs Elena Pernia, …

Mapúa University, in collaboration with Arizona State University (ASU), has announced a joint initiative to expand the access Filipino students will have to high quality international education in both business and health sciences.  ASU is ranked by U.S. News & World Report as #1 in the U.S. for Innovation1, and Top 10 for Best Undergraduate Teaching2 . ASU is also …

Global events point to a rough 2022 Globally and nationally we might well be living in the most uncertain period of the century. After two years of working from home, a workforce returning to on-site employment is now faced with soaring fuel prices. Meanwhile, while the worst of the COVID-19 pandemic, the worst global crisis of the 21st century, is …

Manila Water Company reported that its social flagship program, Tubig Para sa Barangay (TPSB), has now reached nearly two million people from marginalized communities across the east zone of Metro Manila. Aiming to provide sustainable water to the urban poor, TPSB completed more than 800 projects which resulted in supplying clean, potable water to 1.8 million Filipinos living in some of the poorest …

Relation between the two is not ambiguous. But proponents of aligning v/bloggers with journalists certainly want that relation to be tenebrous. Professional journalists are expected to be disciplined. They follow professional standards, adherence to truth, credibility and integrity. Bloggers create their own reality. They are highly opinionated and distort facts. They can practically get away with anything they write or …

The Philippine Olympic Committee (POC) gave out additional cash bonuses – totaling more than P11 million – to Filipino athletes who won medal in the Vietnam 31st Southeast Asian (SEA) Games. POC President Abraham Tolentino said, “The POC will always recognize the efforts of the athletes who trained, prepared and fought hard in Vietnam despite the circumstances.” Tolentino said the …

President Rodrigo Duterte personally awarded the 227 Filipino athletes who won medals at the recent Vietnam 31st Southeast Asian (SEA) Games with mandated financial incentives. The winning Filipino athletes were received by the President at Malacanang exactly a month before he steps down. “I’m so proud of you. You did a good job,” President Duterte told the medalists who were …

President Duterte doubled the incentives received by Filipino athletes who won medals at the Vietnam Southeast Asian (SEA) Games to express his gratitude for their efforts. “President Duterte was very pleased by the performance of our athletes in the last Vietnam SEA Games and doubling their incentives is his way of recognizing and showing his appreciation for their efforts,” said Philippine Sports …