The Market Monitor Minding the Nation's Business

The Asian Development Bank (ADB) should “reinvent” itself by pursuing new development programs to spell wider economic inclusion across the Asia-Pacific after helping transform the region into the “center of gravity” of the global economy, Finance Secretary Carlos Dominguez III said.

Monetary officials maintain that the Philippine Current Account (CA) balance , even at a small deficit, remains in a healthy level.

Land Bank of the Philippines posted P14.05 billion in net income for 2017, 4% higher than the P13.58 billion net income in 2016.

Filmmaker Pepe Diokno and writer and author Jessica Zafra travel the world searching for Filipino connections in their new travel show “The Flip Trip.” For its pilot season, the duo explores the picturesque cities of the Czech Republic and discovers the many interesting Czech-Filipino links.

In celebration of National Arts Month, alumni of the University of the Philippines College of Fine Arts opened a group show entitled “UpDate: A UPCFA Dekada ‘90 Reunion Exhibit last Saturday, February 17, at the Art Anton gallery in Pasay City. It was a gathering of artists from different batches comprising the decade of the ‘90s.

It’s never too late for the Philippine Movie Press Club (PMPC) to have injected new and revitalized thrusts and ideas to regain the credibility of its Star Awards.

Several transport groups pledged to come out with more than 3,000 modern jeepneys within the next three months in support of government’s Public Utility Vehicle Modernization Program (PUVMP).

Philippine Airlines (PAL) President Jaime J. Bautista said the airline’s proposal to build a P20-billion passenger terminal extension over the former Nayong Pilipino area will “take a back seat” after a “super consortium” submitted an unsolicited bid to rehabilitate and expand Ninoy Aquino International Airport.

British tycoon Richard Branson-backed Virgin Hyperloop One is proposing to build a super-fast transportation system in India that would connect the city of Pune with the planned new airport in Mumbai in 25 minutes, saving about three hours.

The Department of Transportation (DOTr) said a new international airport serving Bohol is on schedule for completion by June this year.