The Market Monitor Minding the Nation's Business
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.
Points of View & Perspectives
April, 2016
-
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.
-
10 April
Pinoys have had enough of PNoy
Some 80 days before the future ex-President steps down from office, discussions regarding his legacy are rising to higher decibels.
-
10 April
Lolo’s ‘apps’ (‘Mga apo ni lolo’)
By Butch Galicia / Philippines News Agency Toronto—When Filipino-Canadian seniors meet in coffee shops and fast-food courts on weekends, they fill up lazy minutes with spirited talk on any subject — from the mundane to the beyond.
-
3 April
BUB: The hidden trump
Both politicians we spoke to were confident that matters would start changing right after the Holy Week. They were certain that the constantly leading contenders for the presidential derby this May would start falling far behind, eating dust as it were, and magically, fueled by a high-octane chemistry of continuous mudslinging, money and machinery, the Liberal Party (LP) bet, long …
-
3 April
Self-discovery in Cebu
The tanim-bala scare that had magnified into an obsessive search for the most secure luggage and body wallet for my sister and me, chewed up a third of our travel budget to Cebu last January. Add to that, one with extra space for safe-food packages and emergency pills for allergies, especially from anything ingested.
-
3 April
Grace Poe most likely winner for president
In an election year, Easter is a crucial time in the campaign period. This is the time when most of the country’s voters would have already made their choices as to whom they would vote for—at least, as far as the top executive positions in the national and local governments are concerned.
-
3 April
Pagcor disconnect in ‘laundry’ issue
There is a glaring disconnect with what the head of the Philippine Amusement Gaming Corp (Pagcor) is saying now in the ongoing money-laundering hearings at the Senate. Pagcor Chairman and Chief Executive Officer Cristino M. Naguiat Jr. has been quoted as saying it was not true that money in the casinos could easily be traced, as he cited the return …
March, 2016
-
20 March
Online security awareness seen to grow after hacking
By Riza Lozada The recent cyber heist involving $81 million stolen from the Bangladesh central bank by suspected Chinese hackers and which was coursed through the country for laundering is expected to heighten awareness of firms on the need for security in online transactions, cyber security solutions provider Fortinet said. Fortinet said it is offering to provide with security systems …