The Market Monitor Minding the Nation's Business

Local fastfood giant Jollibee Foods Corp. (JFC) plans expand into new territories in Europe next year, as it embarks on an aggressive expansion both locally and internationally in a bid to increase sales from the overseas business over the next seven years.

The Anti-Money Laundering Council (AMLC) will still require the reporting of distribution of dividends and interest on investments as part of its mandate to look into suspicious transactions but the reporting for these can now be deferred based on a new resolution, Philippine Stock Exchange (PSE) president Hans Sicat said. Sicat said AMLC issued Resolution 48, series of 2016, which …

The previous administration had not only gotten the real-estate investment trust (REIT) wrong, but also bungled it big time, virtually killing it as an investment vehicle that would have democratized massive revenues, brought heretofore unattainable investments in prime assets within the reach of investors, and provided the property sector substantial incremental capital to increase both asset sizes and value. Recently the REIT …

Still, Laurianne asked, even if we’ve known each other for sometime.

More than three weeks after President Duterte assumed office, the media reported there have already been more than 300 killings related to illegal drugs.

As the stock market sizzled to hit another psychological milestone at 8,000 points, attention is now being focused on the next IPO (initial public offering) darling – Oishi snack and beverage producer Liwayway Marketing Corp.

By Riza Lozada The Bangko Sentral ng Pilipinas (BSP) does not expect to change its current monetary policy settings anytime soon as it said inflation forecasts remain consistent with its target range including over the horizon.

The Philippine National Bank (PNB) has sought the Bangko Sentral ng Pilipinas’s (BSP) approval for the sale of P20 billion worth of long-term negotiable certificates of time deposit (LTNCD), the proceeds from which it intends to use for debt rollover.

The Departments of Finance (DOF) and of Budget and Management (DBM) are teaming up with the National Economic and Development Authority (Neda) on finding ways to accelerate the implementation of Public-Private Partnership (PPP) projects by cutting from an average time of 29 months to fewer than 20 months the time for proponents to actually start their infrastructure projects. 

More than a hundred rainwater collectors that aim to mitigate flooding and fulfill the ever-increasing demand for water supply in Region 6 is under way.