The Market Monitor Minding the Nation's Business

Foreign portfolio investments, otherwise known as “hot money,” due to its transient nature, posted a net inflow of $344.23 million as of June 26, Bangko Sentral ng Pilipinas (BSP) data showed. 

Budget Secretary Benjamin E. Diokno said the government is planning to review the proposed 2017 national budget as he emphasized that there would be no reenacted budget in the Duterte administration. Diokno said the annual budget of the administration would prioritize higher public expenditures on vital infrastructure, equivalent to 5 percent-to-7 percent of gross domestic product (GDP). “The Duterte administration …

Sen. Cynthia Villar appealed to companies that have expressed interest in reclaiming Manila Bay to reconsider, given the adverse effects that reclamation would bring to the communities and the livelihood of more than 300,000 fishermen in the area.

The Department of Transportation, led by Secretary Arthur P. Tugade, forged a pioneering cooperative agreement with leading Philippine carriers for the upkeep of Manila’s airport terminals. 

Municipalities in the northwestern coasts in Leyte province are likely to be affected by landslides and rockfalls, while the eastern seaboards of seven coastal towns are prone to erosion. 

Social Housing Finance Corp. (SHFC) and Ateneo de Zamboanga University (Adzu) recently signed a memorandum of understanding to respond to the challenge of promoting culturally sensitive and community-driven housing programs for the Muslims and other ethnic groups in Mindanao. 

The Department of Public Works and Highways in Region 12 (DPWH-12) warned contractors of ongoing projects to comply with roadwork safety guidelines or face sanctions. 

Story and photo by Leilani S. Junio  Philippines News Agency The Department of Health (DOH) last Thursday signed a memorandum of agreement to enhance the basic interventions needed to address existing gaps in the Philippines’s mental healthcare services.

Story and photos by Alvin I. Dacanay Filipino movies dominated the World Premieres Film Festival (WPFF) 2016 awards, with four of these winning honors in two of the festival’s international sections and Alvin Yapan’s latest feature earning the highest number of prizes in the Filipino New Cinema section. 

Superb young pianist Oliver Salonga is the first featured artist of the Cultural Center of the Philippines (CCP) Special Concert Series 2016, which will open at the Tanghalang Aurelio Tolentino at 7:30 p.m. on July 27.