The Market Monitor Minding the Nation's Business

Globe Telecom President and CEO Ernest Cu retained kept the distinc­tion of being one of the most powerful telecommunication executives in the world following his inclusion on the elite list of Global Telecoms Business Power 100 for 2016.

The country’s top lenders are not pro­viding enough lend­ings to agricultural projects as required under the Agri-Agra Law.

BDO Unibank Inc. (BDO), the country’s largest lender, recently received the Institu­tional Investors Governance Awards given to companies that scored high marks in the Asean Corporate Governance Scorecard (ACGS) in the re­cent Investors Forum.

Property prices are rising mirroring the still healthy state of the industry as the Residential Real Estate Prices Index (RREPI) jumped to 122.8 points in the second quarter from 110.3 a year ago or 11.3 percent higher.

Kampac Group, a Dubai-based oil and gas company will invest in Pangasinan by putting up an Energy City project in Sual town due to its strategic location along the Lin­gayen Gulf.

By Daryl Rose Virtudazo The Subdivision and Hous­ing Developers Association (SHDA) has asked the gov­ernment to provide the much needed buyer amortization subsidy and to make available ample raw land by not pursu­ing the land conversion mor­atorium in order to minimize if not eliminate the housing deficit in the country.

To further improve business procedures and increased transparency in the early pro­curement stages of public bid­ding of infrastructure projects, registered civil works contrac­tors can view, download, and print their profile and records reflected in the Department of Public Works and Highways (DPWH) civil works registry (CWR), now available online in their website.

With better road access leading to untouched tourism destination, Dinagat Islands Province in south side of Leyte Gulf in Caraga Region is now ready to accommodate more local and internation­al visitors.

To ensure transparency and efficiency, Sen. Panfilo M. Lacson is pushing for Web-based monitoring of the implementation of in­frastructure projects at the provincial level nationwide.

Stock market sound-byte analysts cannot be faulted. Theirs is not exactly the deepest bag of marbles.