The Market Monitor Minding the Nation's Business
Party-list Rep. Sharon S. Garin has filed a bill providing relief for the country’s domestic air carriers is being pushed by of the AAMBIS-OWA.
Read More »House bill seeks relief for domestic airlines
Cooking oil powers commercial flight
Air France-KLM flew a biofuel-powered Airbus A350 from Paris to Montreal, demonstrating the airline’s readiness to adopt low-emissions fuel despite industry divisions over the pace of its adoption.
Read More »Over 20 countries opened borders to vaccinated passengers
More than 20 countries have lifted restrictions for vaccinated travelers, with the International Air Transport Association (IATA) supporting their data and evidence-driven decisions to open their borders and extend unrestricted access to travel.
Read More »PAL to raise P25-B in capital
Philippine Airlines (PAL) plans to raise its capital by up to $500 million (P25 billion) to be sourced mainly from the Lucio Tan Group (LTG), shareholders and banks.
Read More »SEC flags P11.5-B suspicious transactions
The Philippine Securities and Exchange Commission (SEC) said the securities sector is at medium risk for money laundering and terrorist financing, based on an assessment of investment companies, brokers, dealers and other capital market participants in the Philippines.
Read More »Duterte mulls selling government properties to raise COVID-19 funds
Pres. Rodrigo Duterte is considering selling government properties to raise funds in preparation for a possible deterioration of the pandemic situation in the country due to more infectious COVID-19 variants
Read More »Dollar remittances up with travel eased
Expatriate Filipinos sent home more dollars in March after more workers got deployed abroad due to the easing of travel restrictions, according to the central bank.
Read More »Workers’ mental health declined during pandemic
A recent survey showed that the mental health of Filipino workers declined during the pandemic.
Read More »CSC expands sexual harassment coverage
Government officials and employees who send inappropriate text messages and email, which are sexual in nature, to fellow workers may now face administrative sanctions, according to the Civil Service Commission (CSC)
Read More »ICTSI Foundation Statement on its Proposed Mega Vaccination Center
As early as March this year, the ICTSI Foundation submitted an unsolicited proposal to the Philippine Government to build a temporary mega vaccination center in aid of the Philippine Government’s goal to inoculate as many Filipinos as possible to curb the further spread of the COVID-19 pandemic and to achieve herd immunity by yearend. The cost for construction of the …
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