HomePage - TimeLine Layout • The Market Monitor

4 May

Pacman fails; Floyd now 48-0

American boxer Floyd “Money” Mayweather Jr. proved that conditioning, speed and determination to win are not enough anymore to win in a modern-day boxing match where guile now is a necessity, a fact that Filipino icon Manny “Pacman” Pacquiao learned the hard way.

4 May

MILF rebels kill wanted bomber Basit Usman

By Edwin O. Fernandez and Noel Y. Punzalan / Philippines News Agency Cotabato City—The country’s most wanted bomber who has long eluded arrest by government forces was killed in a clash with members of the Moro Islamic Liberation Front (MILF) in Maguindanao as the country was busy watching the Manny Pacquiao-Floyd Mayweather Jr. boxing match on Sunday, a ranking police …

4 May

PPP designed for wealthy conglomerates only, data show

By Jerry Maglunog There are plenty of big-ticket projects in the Philippines that cost billions of pesos, and only the giant conglomerates can complete them. These projects are those classified as public-private partnerships (PPP), the battlecry of the Aquino administration seemed to decrease severe lack in public infrastructure ranging from expressways, ports, roads, bridges and airports.

4 May

Questions raised on plan to bid out the Met

Exclusive By Riza Lozada The Government Service Insurance System (GSIS) set a minimum bid price of P267.15 million for the 7,633.1-square-meter Metropolitan Theater (the Met), a price which barely matched what the National Commission for Culture and Arts (NCCA) said was needed just for the rehabilitation of the heritage structure.

4 May

ICTSI opens one-stop shop in Subic

International Container Terminal Services Inc.’s (ICTSI) Subic Bay Freeport unit, Subic Bay International Terminal Corp. (SBITC), in partnership with the Subic Bay Metropolitan Authority (SBMA) and the Bureau of Customs (BOC), recently opened a one-stop shop (OSS) to fast-track documentary transactions in Subic Bay’s container terminals. Cabinet Secretary Rene Almendras led the launch of the OSS, together with SBMA Chairman and Administrator …

4 May

Neda cites urgent need for agri infra infusions

The National Economic and Development Authority (Neda) stressed the need for better land governance and increased infrastructure investments in agriculture and rural areas, as these remain critical for productivity, job generation, and poverty reduction in many parts of the Philippines.

4 May

The impoverishing effect of doles

When the government first conceived of a dole system during the Arroyo administration, its objectives and amount, real or underlying, were less than a quarter as ambitious as its resurrection under the current dispensation. Arroyo was a legitimate and an infinitely more skilled economist than those in today’s Executive branch. She understood both the political, as well as the economic …

4 May

Mixed emotions on summer

“Not a season for me, summer in Manila and almost everywhere in the Philippines—with its relentless heat—has turned into a reason to whine instead,” I would say unguarded among friends here in Vancouver. While no one has barked a response yet at my insensitivity, silence would swarm around me like burst balloons. It’s unimaginable, you see, for them, who have …

4 May

PNR needs better management

In our column last March 30, we wrote that the Philippine National Railways (PNR) appears to be on the road to perdition due to the public railway’s low standards of safety in securing the protection of its passengers. Just last week, this dire warning came to pass. A southbound train derailed from the tracks near the Magallanes Skyway exit and …

4 May

Megaworld opens two major hotel projects

Megaworld, the country’s leader and pioneer in developing integrated urban townships, is opening two new hotels this year in its two townships in Metro Manila and Iloilo. Richmonde Hotel Iloilo, which will occupy eight levels of the 12-storey Richmonde Tower in the 72-hectare Iloilo Business Park in Mandurriao, Iloilo City, is set to open in June this year.

TimeLine Layout

May, 2015