The Market Monitor Minding the Nation's Business

Ayala Land Inc. (ALI) posted consolidated revenues of P63.3 billion and a net income of P6.4 billion, a 48% and 73% decline respectively from the same period in 2019, as the COVID-19 pandemic continues to impact business operations. 

The International Olympic Committee (IOC) – through IOC representative Mikee Jaworski (daughter of Jose ‘Peping’ Cojuangco) – has been informed that the Philippine Olympic Committee (POC) is somehow condoning the long-delayed submission by the Philippine Southeast Asian Games Organizing Committee (Phisgoc) of audited financial report on the country’s hosting of the 30th Southeast Asian (SEA) Games. 

Under the Bayanihan to Recover as One Act (R.A. 11494), P10 billion has been allotted to the Small Business Corporation (SBCorp) so it can expand its COVID-19 Assistance to Restart Enterprises (CARES) Program. 

Three-time Kyokushin Karate Champion Ramon Gonzales hopes to win in the ONE Circle after Eduard Folayang’s recent loss. 

Marikina Sports Center, known for hosting various local and international sports competitions, will soon serve as an emergency quarantine facility for the residents in the City. 

Despite their operations and sales being badly hit by the pandemic, a total of PHP359, 672 was remitted by the Philippine Charity Sweepstakes Office (PCSO) to the Philippine Sports Commission (PSC). 

The World Bank reported that improvements in the country’s digital infrastructure will increase efficiency in government services and prevent corruption. 

United City secured the Philippines Football League championship after blasting Stallion Laguna, 7-1, at the PFL National Training Center in Carmona, Cavite on Friday night. 

The Department of Trade and Industry (DTI) wants to further expand export markets through free trade agreements (FTAs) and a generalized system of preferences (GSP), while the country’s production capacities continue to increase to meet domestic and foreign demand. 

Actress Ryza Cenon recently gave birth to a healthy baby boy at the St. Luke’s Medical Center.