The statements of Navotas Rep. Toby Tiangco, interim president of the United Nationalist Alliance (UNA); and UNA Secretary-General JV Bautista that Sen. Grace Poe is not qualified to run for higher office in 2016 due to circumstances surrounding her birth and residency have only managed to endear her to the people.
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June, 2015
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8 June
8990 allots P850 million for Alabang project
Listed housing developer 8990 Holdings Inc. has earmarked P850 million to construct 12 medium-rise four-story buildings for a total of 1,024 units for the Urban Deca Homes Campville project, located at Km 23 East Service Road in Muntinlupa City.
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7 June
Globe drives Philippines’ positioning as ‘digital lifestyle capital of the world’
No. 1 Philippine mobile brand Globe Telecom leads the drive toward positioning the country as the “Digital Lifestyle Capital of the World” through fast and easy data access, as well as highly affordable content and apps.
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7 June
Globe myBusiness gives SMEs more opportunities to earn with new myBusiness Wi-Fi Hub
As the demand for Internet connectivity increases, more customers are looking for establishments that offer wireless-fidelity (Wi-Fi) access, as today’s lifestyle has become more on-the-go and digital. The same is true for establishments, such as restaurants, cafés, and bed-and-breakfast inns, which are looking into growing their businesses with Wi-Fi availability. From a customer’s point of view, an establishment with Wi-Fi …
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7 June
DBP defends T-bill sale as tack to cut losses
The Development Bank of the Philippines (DBP) defended its Treasury bill (T-bill) trading strategy, as it said it sold securities as market prices were dropping globally to limit its losses and protect the bank’s financial condition.
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7 June
BSP capital rule hits small banks hardest
By Jerry Maglunog The strict capital requirement that the Bangko Sentral ng Pilipinas (BSP) had imposed on rural banks (RBs) are affecting what are considered the last resort of people in the countryside to gain access to the financial services of the government.
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7 June
Blatter resignation won’t lead many to quit–Fifa
Rio De Janeiro—A consistent ally of Sepp Blatter, Danny Jordaan already has a new job. Jordaan, the head of the South African Football Association, was credited with bringing the 2010 World Cup to South Africa. He is also being investigated for $10 million in bribes paid to land the event, part of the corruption scandal that pushed International Football Federation …
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7 June
Low capital, high returns draw pros in poker event
Las Vegas—Card-playing supremacy. Bragging rights. Cold, hard cash. More than 22,000 gamblers—many pros, quite a few amateurs—came for the same thing in Las Vegas, drawn by the low cost to enter the World Series of Poker’s new Colossus event.
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7 June
Obama: China ‘putting out feelers’ about joining pact
Washington—United State President Barack Obama said China has made inquiries about potentially joining a Trans-Pacific trade agreement in the future, introducing a new variable to an unfolding debate in Congress over granting him the power to negotiate such international deals.
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7 June
Opec to maintain output target
Vienna—The price of crude remains too low for most Organization of the Petroleum Exporting Countries (Opec) member-nations. But with the 12-nation cartel’s control of supply and demand slipping, its oil ministers may have little choice this week but to sit back and do nothing.
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The Market Monitor Minding the Nation's Business