The Market Monitor Minding the Nation's Business
Let’s be defensive before we’re accused of being offensive. We are committed advocates of capitalism. Even of the kind that foists profits as ideal, relegating social responsibility, corporate citizenship and charity as offshoots following Adam Smith’s crusted cliché on the “Invisible Hand.”
Points of View & Perspectives
November, 2015
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22 November
8990 Holdings eyeing Malaysian foray?
One sidelight of the Asia-Pacific Economic Cooperation (Apec) summit was a one-on-one between Malaysian Prime Minister Najib Abdul Razak and mass-housing developer Januario Jesus Atencio, CEO and president of 8990 Holdings, the country’s No. 1 low-cost housing developer, and the topic was affordable housing.
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22 November
The ‘borrowed strength’ of PNoy and Mar
In his speech at the CEO Summit of the recent Apec meeting, President Aquino reverted to his trademark blame-game strategy, hitting at former President Gloria Arroyo as he trumpeted what he alleged to be the country’s significant “inclusive growth.”
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22 November
Apec leaders press urgent need to cooperate against terrorism
By Jim Gomez / The Associated Press Manila—Asia-Pacific leaders have urged governments to urgently increase cooperation in the fight against terrorism as they wrapped up annual talks haunted by the Paris attacks.
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15 November
The World Bank Doing Business Report
Recently, one economic manager who, in the past, had been exceptionally ecstatic toward international financial agencies has been bursting a vein, virtually screaming bloody murder at the crash of our rankings in the World Bank Doing Business Report.
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15 November
Aquino’s corruption fight marks modest progress
Manila—The anti-corruption campaign of Philippine President Aquino has led to the arrest of a string of top officials, including three senators, a former national police chief and even his predecessor.
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15 November
Mar Roxas and the Filipino ‘don’
Critics of former Local Governments Secretary Mar Roxas may have wrongly accused him of one thing: of being cold and unfeeling.
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15 November
Obama trip to Asia light on tourism
Washington—When President Barack Obama Obama heads overseas Saturday for a power round of diplomacy in Turkey, the Philippines and Malaysia, he›ll experience the beauty of the Turkish Riviera and bustle of Southeast Asian capitals largely from the inside of heavily secured hotels and convention centers.
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8 November
The Globe and PLDT numbers
Globe Telecom’s aggressive play is paying dividends, as its nine-month financial performance has beaten that of erstwhile telephone monopoly Philippine Long Distance Telephone Co. (PLDT) by a wide margin. PLDT’s legacy businesses as well as that of its wireless business have shown a frightening drop of 6 percent from P91.2 billion to P85.5 billion, and that alone was no comforting …