The Market Monitor Minding the Nation's Business

Casino operator Belle Corp. reported consolidated net in­come of P3.1 billion for 2016, which was 74 percent higher from the previous year.

Listed chemical firm D&L Indus­tries reported P2.64 billion in net income for 2016 and earnings per share of P0.37 which were both higher by 15 percent.

By Riza Lozada  Domestic liquidity or M3 reported a slower growth of 12.4 percent in January from the revised 12.7 percent increase last December, data released by the Bangko Sentral ng Pilipinas (BSP) showed. 

Globe Telecom has built up a P14 billion warchest to beef up its effort to speed up and widen its Internet business after acquiring bandwidth assets of San Miguel Corp. in the costly P70 billion purchase deal in a team up with Philippine Long Distance Telephone Co. (PLDT). 

Light Rail Manila Corp (LRMC), the operator of Light Rail Transit Line 1 (LRT-1), received the award for Best Project Finance Deal of 2016 in the 10th Annual Alpha Southeast Asia Best Deal and Solution Awards held in Malaysia recently. 

State-run pension fund Social Security System (SSS) reported its revenues jumped 8.34 percent to P160 billion as of the end of November last year. 

By Weng C. Ocfemia The Department of Trade and Industry (DTI) -Construction Industry Authority (CIAP) of the Philippines initiated a dialogue with the construction industry and government implementing agencies, to determine the capacity and readiness of the construction industry to face the Golden Age of Infrastructure wherein the government is gearing to spend P8 Trillion in infrastructure for the next …

All road diggings and excavations in major thoroughfares must be undertaken by contractors at night to help ease traffic congestion in Metro Manila.

By Daryl Rose Virtudazo  The Philippine Amusement and Gaming Corp. (Pagcor) recently turned over newly-constructed two-story, eight-classroom school building to Palina East National High school (PENHS) in Urdaneta City, Pangasinan province. 

The Department of Trade and Industry has warned all contractors that support@dti.gov.ph is a bogus email address and not authorized by the DTI. The seminars/trainings advertised using the e-mail are not authorized by the Department of Trade and Industry (DTI), Construction Industry Authority of the Philippines (CIAP) and the Philippine Contractor’s Accreditation Board (PCAB).