The Market Monitor Minding the Nation's Business
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.
Points of View & Perspectives
November, 2015
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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 …
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8 November
Mar Roxas’ faux pas on ‘tanim-bala’ mess
Was it another one of the overload of bad advice presidential candidate Mar Roxas has been getting from his vaunted communications team?
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8 November
US hiring surge raises likelihood of Fed rate hike
By Christopher S. Rugaber / The Associated Press Washington—US hiring swelled in October by the largest amount all year, and unemployment dropped another notch to 5 percent, increasing the likelihood that the US Federal Reserve (the Fed) will raise interest rates next month for the first time in a decade.
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1 November
The neglected Philippine SMEs
In the run-up to the Asia-Pacific Economic Conference later this month, the matter of trade and comparative industrialization again takes center stage and, for the latter, ours pales considerably. Allow us to review where our weaknesses lie, specifically focusing on the stages where industrialization should have taken root, but did not.
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1 November
Would these nightmares matter in the afterlife?
Who wakes me some nights has been a beloved departed. Yes, I’ve been having nightmares, but not the usual kind—not from ghosts or ghouls that remain just phantoms for me.
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1 November
8990 Holdings continues to excite capital market
8990 Holdings, Inc., the country’s No.1 mass-housing developer, continues to excite the capital market with a deal-breaker of a deal regarding the P1-billion sale of its CTS or contract to sell receivables, to Ayala’s BPI Family Bank . The transaction has three interesting subtexts involving the mass-housing industry, the capital market, and access to long-term financing.
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1 November
BOJ holds off on more stimulus, despite stalling inflation
By Elaine Kurtenbach / The Associated Press Tokyo—Japan’s central bank kept its monetary policy unchanged Friday, but hinted it could expand its already expansive stimulus in the future to counter slowing exports and other threats to growth.
October, 2015
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25 October
Take the money and run
It’s been tried several times before and, perhaps, the frequency of its successes is one more than once too often. Had not we been bobotante, it would not have succeeded the first time. But that it’s a tried-and-tested business model a second, third and fourth time, and now, under the administration of Benigno Aquino III, has attained the stature of …