The Market Monitor Minding the Nation's Business

Our countrymen troop to the polls today. 

Screeners at the Ninoy Aquino International Airport (Naia) are being generally pilloried as “extortionists,” as cases of bullet-planting continue to hit the news. 

By Jerry Maglunog Nearly 90 percent of goods bought with credit cards are consumer items, making the local economy household lending-driven.

The demand for the lifting of the bank-secrecy law because of recent allegations that it is being used to conceal unexplained wealth may have a backlash on efforts of the country to attract more investments, bankers said.

Frankfurt, Germany—The Asian Development Bank (ADB) met the bulk of its operational targets in 2015, with most projects completed within budget, while financing hit new record highs over the year, according to an ADB performance review released recently. 

The Commission on Higher Education (Ched) gave its seal of approval for the construction of the second University of Rizal System (URS) Antipolo Campus during the recent meeting of the URS Board of Regents at the Ched main office in Quezon City. 

National Treasurer Roberto B. Tan signed recently the $100.13-million loan agreement for the Panguil Bay Bridge Project, with Chief Representative Yongkeun Oh, who signed on behalf of the Export-Import Bank of Korea-Economic Development Cooperation Fund (Kexim-EDCF). 

Ayala Land Inc. (ALI) has listed series one of its P50-billion debt securities program in the Philippine Dealing Exchange (PDEx)-organized secondary monetary market, the company reported recently. 

People visiting Tondol Beach in Anda, Pangasinan, will be surprised not only by the fine white-sand beach, but also by the paved road leading to the tourism destination, after Public Works and Highways (DPWH)–Pangasinan 1st District Engineer Smile D. Fermin reported the completion of the P43-million concrete paving of the Poblacion-San Jose-Namagbagan-Imbo-Tondol Road.

If you and your friends need to retreat from your busy, energy-sapped lives in Metro Manila and spend a night or two surrounded by sand, sea, slopes and sunlight, there’s really only one place—one that isn’t too far from the metropolis— that comes to mind: Nagsasa Cove in San Antonio town, Zambales province.