The Market Monitor Minding the Nation's Business

Philippine Airlines (PAL) secured an approval from a US court to access a $505-million debtor-in-possession (DIP) financing as part of its recovery plan. 

The Philippines is aiming to become top exporter of coconut products to China, next to other ASEAN countries. 

The Securities and Exchange Commission (SEC) warned the public against dealing with Pogi Breeds International, a group of players of the Axie Infinity game using investments solicited from clients. 

As the COVID-19 pandemic continues to take a toll on the local gaming industry’s revenue performance, the Philippine Amusement and Gaming Corporation (PAGCOR) recently approved the P34.64 million grant to cities and local government units that host a Casino Filipino branch. 

Airlines, airports, related services companies and travelers will have to wait a bit longer before air traffic around the world returns to pre-pandemic levels, according to Standard and Poors Global Ratings. 

San Miguel Corp. (SMC) recently defended its P95-billion Pasig River Expressway (PAREX) project against transport and environmental groups. 

Mt. Kitanglad Range Natural Park (MKRNP), site of one of the few remaining rainforests in the Philippines and a protected area in Bukidnon, northern Mindanao, hosts some of rarest plant and animal wildlife, including the critically endangered Philippine Eagle. 

Philippine Airlines (PAL) recently opened a new service from Manila to Seattle via Honolulu, in a move to generate revenues by expanding operations in the United States West Coast. 

Egypt’s world-famous pyramids site, especially the three Great Pyramids of Giza and the Sphinx, attracted more than half of the number of visitors that used to frequent the site before the outbreak of the pandemic, according to Ashraf Mohieddin, Egyptologist and director general of the pyramids site, on the occasion of World Tourism Day. 

The launch of Shop & Pay signals another milestone in innovation for Globe as it aims to create a better experience for Filipinos looking for safe and convenient ways to make transactions in the new normal.