The Market Monitor Minding the Nation's Business

The World Bank Group vowed to scale up support for peace-building and development in Mindanao as part of the midterm adjustment of its country partnership strategy. 

By Riza Lozada  The Philippine Stock Exchange index (PSEi) composed of 30 blue chips will not see any changes based on the review covering the trading period from July 2016 to June 2017, the PSE said. 

Finance Secretary Carlos Dominguez III is amenable to any amendment of the Real Estate Investment Trust (REIT) if there is an assurance that money allocated for this purpose will be used for domestic activities. 

The Board of Investments (BOI), the industry and investment promotion arm of the Department of Trade & Industry (DTI), has pursued its campaign to raise the awareness level of its stakeholders on the latest government investment policies, regulations, and procedures as it conducts the third BOI Investment Awareness Seminar To Strengthen The Investors and Stakeholders (BOI ASSIST) recently at the …

Listed Chelsea Logistics Holdings Corp. (CLC) expressed its support to regulator Maritime Industry Authority’s (MARINA) Circular 2017-04 or the Rules on Importation of Passenger Ships, which was issued by the MARINA Board last July 13 that seeks to assure the seaworthiness of local vessels. 

By Riza Lozada  The Bangko Sentral ng Pilipinas (BSP), the Department of Finance (DOF), the Securities and Exchange Commission (SEC), and the Bureau of the Treasury (BTr) launched a joint initiative to spur the development of the domestic debt market. 

The Bangko Sentral ng Pilipinas (BSP) will issue commemorative circulation coins in celebration of the 100th birth anniversary of educator and historian Reverend Horacio dela Costa, and the 150th birth anniversaries of two Philippine Revolutionary Army officers, Generals Artemio Ricarte and Isidro Torres.

The Philippine Public School Teachers Association (PPSTA) has backed the proposed Tax Reform for Acceleration and Inclusion Act (TRAIN), which it considered as a “beneficial” tool that will uplift not only the economic status of teachers but also their dignity and morale as well. 

The Asian Development Bank (ADB), has proposed the creation of national green financing vehicles to catalyze environmentally and financially sustainable infrastructure investments in Asia and the Pacific. 

The House committee on natural resources approved House Bill 4208 which seeks to authorize the Department of Public Works and Highways (DPWH) to cut, ball, transfer, dispose or plant trees when implementing national or local infrastructure projects such as, but not limited to, clearing of road right-of-way and site clearing, development or preparation.