The Market Monitor Minding the Nation's Business

Listed Philex Mining Corp. said resources identified in Bumolo porphyry copper-gold deposit, which is adjacent to its Padcal mine in the northern province of Benguet, have potential to add to the Padcal mine life beyond 2022.

Fewer than one in seven advertisements were designed to deliver a strong emotional message that consumers can quickly absorb, a new report from Kantar Millward Brown showed. 

By Riza Lozada The Department of Energy (DOE) has assured the local transport industry of its full support for the continued development of electric vehicles (EVs) or e-vehicles in the country as the agency recognizes EVs as the future of motoring. 

Union Bank of the Philippines (UnionBank) recently commemorated 25 years of being publicly listed with the Philippine Stock Exchange with an opening bell ringing ceremony at the PSE Ayala Trading Floor. 

The Philippine Charity Sweepstakes Office (PCSO) has no reason to under-declare its revenues under the expanded Small Town Lottery program, which generated P5.018-billion from January to May this year, up from the P2.066-billion earnings in the same period last year, PCSO General Manager Alexander Balutan said. 

By Riza Lozada The Philippine Stock Exchange index (PSEi) closed at 7,843.16 on the last trading day of June, marking a 14.7 percent increase for the PSE index in the first six months which market players attributed to the reform thrust of the government. 

Moody’s Investors Service affirming the country one-notch above investment grade is expected to further boost growth as it showed to prospective investors that the economy remains on track, Bangko Sentral ng Pilipinas (BSP) Governor Amando Tetangco Jr. said.

JG Summit Holdings Inc. (JGSHI) has increased its capital expenditure (capex) to P48 billion for this year up 13 percent from last year’s P41.9 billion. 

Listed A Brown Co. Inc. has entered into a cooperation agreement with private institution Rusatom International Network (RAIN) recently. 

To provide enhanced commuter experience to LRT-1 passengers, LRT-1 operator Light Rail Manila Corporation (LRMC) and Coca-Cola recently sealed a partnership under the “Station Domination” Project spearheaded by PHAR, LRMC’s exclusive ancillary revenue partner.