The Market Monitor Minding the Nation's Business

The Department of Agriculture (DA) provided P150-million worth of assistance to help farmers control fall armyworm (FAW) that damage their crops.

Fresh and affordable farm and fishery products are now available at the national headquarters of the Armed Forces of the Philippines (AFP) in Quezon City through the Kadiwa ni Ani at Kita Program of the Department of Agriculture (DA).

Young Filipinos whose proposed agribusiness projects were approved under the Department of Agriculture’s Kapital Access for Young Agripreneurs (KAYA) financing program can now get their loans swiftly through “KAYA” cash card.

The Department of Trade and Industry (DTI) Secretary Ramon M. Lopez affirms the British of Chamber of Commerce of the Philippines (BCCP) Executive Director Chris Nelson’s statement that it is retaining and attracting new members in the Philippines throughout the lockdown, with prospects of new investments coming in for the long term.

Bloomberry Cultural Foundation, Inc. (BCFI), the corporate social responsibility arm of Bloomberry Resort & Hotel, Inc. (BRHI), operator of Solaire Resort & Casino, recently donated a digital portable X-Ray machine and two sets of Leica digital microscope worth Php4.3 million to the Philippine National Police (PNP) Crime Laboratory.  PNP Chief, Police General Archie Francisco F. Gamboa, expressed his appreciation and …

Ayala Land Inc. (ALI) listed its P10-billion, 2-year fixed-rate bonds due 2022 with a coupon rate of 3.00% per annum on the Philippine Dealing and Exchange Corporation (PDEx), through its first virtually held listing ceremony on June 26.  The bond was strongly received and was 1.75x oversubscribed, enabling Ayala Land to increase the issue size from P6 billion to a …

The Department of Labor and Employment predicts the loss of over One Million OFWS jobs by 2021 with over 500,000 jobs by the end of this year. This grim prediction by the DOLE will have a devastating effect on over 1,200 land and sea-based licensed recruitment and manning agencies with over Fifty percent (50) of the existing agencies not expected …

The Port of Melbourne (PoM) welcomes the CMA CGM Ural, the largest container ship by maximum capacity to call at the port. The 299 metre long vessel is one of six currently deployed on the South-East Asia – Australia trade route called the ‘AAX1’. It commenced its 42-day round-trip in Malaysia, calling at Singapore. It then made its way around …

As the new school year approaches, Academia System Global Colleges of Talisay City, Cebu has partnered with the first Filipino phone brand in the Philippines, MyPhone, to provide free cellular phones for Grade 10 completers.

Enforcing the business firms to comply with the set guidelines of the Department of Trade and Industry (DTI) and the Department of Labor and Employment (DOLE) as more enterprises resume operations, the tandem agencies recently conducted inspection in business establishments and workplaces in San Fernando City, La Union.