The Market Monitor Minding the Nation's Business

The stock market index weakened more than any other regional stocks last month, completely erasing the rally that had taken place since President Duterte took office in June. 

The Panay Energy Development Corp. and the National Grid Corp. of the Philippines (NGCP) have completed the synchronization of PEDC’s new 150 MW coal fired power plant to the Visayas Grid last August 19 with connection to the NGCP substation in Sta. Barbara, Iloilo.

Ayala Corp. unit LiveIt Investments Limited (LiveIt) has divested its 58.71 percent share in Integreon Managed Solutions Inc. (Integreon Inc.), a global provider of legal support, research and business services to law firms, financial institutions and corporations. 

Phinma Energy Corp. will use a new ticker symbol at the Philippine Stock Exchange (PSE). 

Officials of International Container Terminal Services, Inc. (ICTSI), NYK Auto Logistics Philippines (NALP) and other project partners recently led the ground breaking ceremony on NYK’s pre-delivery inspection and storage facility located at ICTSI-owned land in Barangay Niugan, Cabuyao Laguna.

Globalization is here to stay and its numerous upsides are undeniable for an economy such as ours. The business process outsourcing (BPO) industry that had ratcheted up and provided much needed employment during the incumbency of former President Gloria Arroyo is a clear example. So also is our contribution to the global telecommunications industry as we churn out microchips and …

A fancy-sounding name for a life-saving shot, isn’t it? EpiPen (short for epinephrine), the self-injecting food allergy drug, dominated Wall Street headlines, with Mylan, the drug company that manufactures it, under attack a week ago, when it announced a 500-percent price increase. Among parents, worries ballooned about their children dying instantly of anaphylaxis, as well as adults constantly threatened by …

It appears that Sen. Leila de Lima, chairman of the Senate Committee on Justice and Human Rights, now wants to pick up another cause after her supposed probe into alleged extrajudicial killings proved to be a dud. 

By Luis Leoncio  Hunger costs the economy an estimated P328 billion a year – the amount being drained from the country’s gross domestic product (GDP) as a result of childhood stunting, according to a study and a report. 

By Riza Lozada The Bangko Sentral ng Pilipinas (BSP) directed banks last Friday to use the personal identification number (PIN) as the primary cardholder verification method (CVM) for debit cards.