The Market Monitor Minding the Nation's Business

Export receipts continued to dip for the 14th consecutive month in May because of weak global demand, raising the need to refocus export strategies of firms, the National Economic and Development Authority (Neda) said. 

By Luis Leoncio The P3.35-trillion proposed budget for next year will contain P80-million appropriations for each legislator but these will not be pork-barrel allocations since they will be incorporated as specific items in the draft budget, Budget Secretary Benjamin Diokno said. 

Telecommunications giant Globe Telecom has signed an agreement with the government to support the creation of a new nationwide emergency hotline number, which is 911, to replace Patrol 117.

On July 15, Victoria International Container Terminal (VICT), a unit of local port operator International Container Terminal Services Inc. (ICTSI) signed a syndicated loan facility worth Australian $398 million (approximately $300 million) with seven leading global financial institutions, namely: Citibank N.A., KFW IPEX-Bank, Standard Chartered Bank as Mandated Lead Arrangers and Bookrunners, Bank of China Limited, DBS Bank Ltd., Investec …

The Department of Labor and Employment (DOLE) is now conducting a comprehensive review of subcontracting practices among companies, Labor Secretary Silvestre Bello III said.

The Villar group’s retail arm All Value Holdings Corp. will invest P1.2 billion as capital expenditure to bring total AllHome appliance and furnishings stores to 20 by the middle of next year, optimistic about growth prospects of the home-improvement business. 

There should not have been two. Not in the manner of the pomp and public display that both had been featured, matching one against the other, differentiating and compelling comparisons where there should have been none. The protocol is for one complete with pomp and pageantry while the other, purposely private and placid. 

On a flight from Incheon to New York years ago, the stark side of how we mirror ourselves as Filipinos turned on me in the guise of a hefty elderly woman who had sequestered my armrest. 

Neophyte Sen. Leila de Lima appears to be in an awkward spot. 

By Riza Lozada While foreign groups issued warnings of the possible backlash of the United Nations-backed arbitral tribunal award that favored the Philippines in its maritime dispute with China, the stock market largely ignored these negative views as the bourse index returned to record levels.