The Market Monitor Minding the Nation's Business

The Lucio Tan Group Inc. (LTG) reported a net income of P4.56 billion for the first half, a 28-percent growth from P3.57 billion on the back of strong earnings from its banking and tobacco units.

Property developer DMCI Homes is spending over P10 billion this year for its capital expenditures (capex) to fund its project developments and land acquisitions.

The Gokongwei-led conglomerate JG Summit Holdings booked a 30.6 percent increase in profit in -he first semester on the back of double-digit income growth in its airline and petrochemicals businesses.

There seems to be an organized mass heckling campaign directed against President Duterte. It is being mainly played out in social media. It is obvious that it is being carried out by parties that have supported losing candidates in the last presidential elections.

Who you meet could serve you a true story, which you had thought was but a tall tale. The setting: Broadway in New York’s Upper Westside, where you either flow with or against an incessant stream of people, scissoring the tunneled breeze, or sigh in relief from the oppressive heat into your window seat on the bus, on a midday …

By Riza Lozada The government further relaxed rules on foreign-exchange transactions, raising the amount of foreign that can be bought from local banks without the need for documentation, the policy-making Monetary Board (MB) said.

The Chua Group of Companies, recently inaugurated a new ship repair and shipbuilding facility in Albuera, Leyte.

The country’s manufacturing sector posted strong growth in the first half of 2016, as production of construction-related manufactures recovered in June 2016, according to the National Economic and Development Authority (Neda).

Committed to housing the indigent Filipinos, the National Housing Authority (NHA) reiterates its mission to provide adequate and affordable housing to low-income and underprivileged families. According to NHA Acting General Manager Marcelino P. Escalada, Jr., “The NHA under the Duterte Administration ensures the public that it will address the country’s housing needs as it will lead the construction and development …

The Philippine Chamber of Commerce and Industry (PCCI) Cagayan Chapter urged the Duterte administration for the construction of train system and bridges in the province. The two projects will complement the already existing Tuguegarao City Airport and the Cagayan North International Airport in Lallo town.