The Market Monitor The compact business newspaper
When we consider the total amount of stolen money a Philippine bank had let slip through safety protocols at its head office (HO), add to this the total originally intended by the bank robbers who had employed this particular bank, then the monetary fines that regulators say might be imposed may actually reward than punish those derelict of their charge.
Points of View & Perspectives
April, 2016
-
24 April
Bereaved of an oak tree
The feeling heightens as soon as summer starts to creep in and the sun splashes blinding streams of light through glass windows.
-
24 April
Optimism in Roxas camp
Based on reports from very reliable sources and conversations with insiders, the fact is there is an air of optimism in the camp of presidential candidate and former Interior Secretary Mar Roxas.
-
24 April
Unsound banking
What Bangko Sentral ng Pilipinas Deputy Governor Nestor Espenilla, Jr. disclosed about the need to increase the monetary penalties that the BSP can impose on errant banks based on the amount involved in an irregularity just goes to show that many of the rules and sanctions in place in the banking system are past their usefulness.
-
17 April
Never-ending Noynoying
Coined during the incumbency of Benigno Aquino III, the global Urban Dictionary as well as an authoritative and well-balanced entry in Wikipedia define “Noynoying” as “used to describe one’s inaction despite having the responsibility to do something.”
-
17 April
A caregiver is: Prepared for this?
April drizzle maybe less gray and likened to baby’s hair, deceitful in lightness, but still seeps to the bones. Fewer layers of inner wear maybe warm enough but with thin cotton outerwear, you could get soaked with yet icy water.
-
17 April
Duterte-Marcos victory, a double whammy on PNoy
Barely a month before the May polls, two candidates appear to be set to break from the pack.
-
17 April
RCBC shares feel heat
When shareholders of Rizal Commercial Banking Corp (RCBC) dumped their shares after the bank’s Jupiter branch was implicated in the $81-million cyberheist that hit the Bangladesh central bank, the result was disastrous for the bank’s share prices. From a year high of P47.70 per share, the bank’s share prices plummeted to P28.75.
-
10 April
The Kidapawan killings
The Kidapawan killings are iconic. They reveal the painful truth behind the hollow boast of resplendent, albeit non-inclusive and disembodied, gross domestic productivity growth.
-
10 April
The shrinking eggs benedict
As if change happens without warning, like the blinding brightness of an April sun, which had hit our table on the first celebration since those cooped-up, cold gray days, at a restaurant in our Vancouver neighborhood. When small comforts get compromised, even the shifting sky that in a seeming sleight of hand spotlights the paltry, turns into a culprit.