The Market Monitor Minding the Nation's Business
Exiting President Noynoy Aquino introduced the world to his presidency with an early major international embarrassment. This was the hostage-taking incident at the Luneta where several tourists from Hong Kong were either killed or wounded.
Points of View & Perspectives
June, 2016
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26 June
Brexit to have little impact on the Philippine market
Local traders shrugged off the United Kingdom’s vote to exit the European Union (EU), saying it would not have any significant impact on the country as long as the vote doesn’t affect the United States.
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19 June
The anti-arbitrage auction
Arbitrage happens when rates of return in an economy conflict with one another across sectors and markets. While not necessarily a bad thing, it feeds on itself and is self-perpetuating. It thrives on divergence and disparities. It is nourished by volatility. When there is volatility, investors tend to fly from market to market, cherry-picking and taking their investments where yields …
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19 June
Not only you once were, but ever will be
True or not, a YouTube/Kusala (source) post that I stumbled upon on Yahoo! News resonated with a crowd of voices and flash of images in me; it’s about a voicemail that a grandmother left in her granddaughter’s phone regarding a “box of donuts she found.”
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19 June
Aquino: A bitter, divisive loser
In his final State of the Nation Address (Sona) last year, exiting President Noynoy Aquino bravely announced that this year’s elections were “a referendum” on his presidency.
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19 June
Think tank pushes for Epira repeal, says it doubled power rates in 15 years
The research group IBON said 15 years of the Electric Power Industry Reform Act (Epira) only strengthened the monopoly of corporations on the Philippine power industry and burdened consumers with high power rates. The group, a member of the POWER alliance, said Epira must, therefore, be repealed.
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12 June
Duterte’s dual democracy
The two businessmen at the helm of one of the economy’s most visible real-property conglomerates were not only ecstatic about the future, but also seemed genuinely smug that nothing they saw in the near horizon could change the trajectory of the economy that had seen them through their most prolific years.
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12 June
Colonial mentality: Remember this?
Who has recently tossed this once-derogatory phrase at somebody who tips up a chin for the native? Not since the world shrank with migration, global commerce, travel and the wonders of communication technology, could a Filipino, accuse, say, the other of that mentality—such as someone playing chic at Starbucks in skinny or ripped jeans, oversized shirt, matching half boots or …
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12 June
Duterte language may be good for the country
It appears that, this early, some people are already stoking the embers of disaffection against President-elect Rodrigo Duterte.
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12 June
Big church group pledges support for new leader, but has ‘deep concern’ over some pronouncements
The National Council of Churches in the Philippines, (NCCP) has vowed to “fully support” incoming President Duterte “in all his mandated tasks” but called on him at the same time “to honor the trust” bestowed on him by the people, as it raised “deep concern” about some of his pronouncements, notably on the return of the death penalty and on …