Top News

By Riza Lozada Listed DoubleDragon Proper­ties Corp. reported successfully tapping the retail bond market with its maiden issuance of P5.3 billion worth of 10-year Fixed Rate Retail Bonds due 2026, which listed on the PDEX board on December 15, 2016.

A fully booked Philippine Airlines (PAL) flight to Cebu carrying mostly Filipinos ar­rived from Singapore early Saturday morning, signaling the start of a new scheduled passenger service between the two countries.

By Riza Lozada The Department of Energy (DOE) has found that some gas stations are using methanol or methyl alcohol, which is corrosive, instead of ethanol in the blended fuel they sell.

By Luis Leoncio The unsound policies of past administrations will affect unprogrammed govern­ment payments amounting to at least P25 billion for this year alone, according to the Department of Finance (DOF), slicing off huge amounts that should otherwise be spent for infrastructure, human cap­ital and social protection for the poor and other vulnerable sectors.

Early this month, almost unnoticed by the media, the Senate ratified the membership of the Philippines in the Asian Infrastructure Investment Bank (AIIB), which is seen as a potential instrument to enable the country to catch up with the infrastructure advances of its neighbors but which then-President Benigno S. Aquino III did not pursue vig­orously in the final months of …

The Philippines has main­tained its status as a global proponent of financial in­clusion, as a worldwide sur­vey of microfinance by the Economist Intelligence Unit (EIU) consistently ranked the Philippines as No.1 in the world in terms of regula­tory framework for microfi­nance until this year, Bangko Sentral ng Pilipinas (BSP) Gov. Amando M. Tetangco Jr. said.

By Riza Lozada Consumer confidence surged in the fourth quarter due to “improved peace and order,” “effective government poli­cies” and the “availability of more jobs,” according to a survey conducted by the Bangko Sentral ng Pilipinas (BSP).

by The Market Monitor Editorial Team The Market Monitor set out two years ago in a small office on T.M. Kalaw Street in Ermita, Manila, its small but dedicated staff fired with the goal of providing relevant and well-written business reports to its readers without the sometimes incomprehensible jargon that other papers usually write theirs. 

By Luis Leoncio As 2016 closes, Bangko Sentral ng Pilipinas (BSP) Gov. Amando M. Tetangco Jr. has listed the three “tail risks” to the economy, none of which involves concerns over President Duterte’s statements that his critics said were to blame for the recent weakening of the peso and the local bourse.

It worked.