The Market Monitor Minding the Nation's Business

By Lito U. Gagni  The Philippine Stock Exchange (PSE) tripping, with trade executions worth billions benefitting hackers and their sponsors, ATM (automated teller machines) illegally coughing out money at designated points in the country, and unfunded checks involving millions being cleared by no less than the Bangko Sentral ng Pilipinas (BSP).

By Luis Leoncio  The business sector does not seem comfortable with the prospect of Davao City Mayor Rodrigo Duterte succeeding President Aquino, as the peso and the stock index have been on a continued decline since he topped the pre-poll surveys that analysts attributed partly to increased political uncertainty. 

By Riza Lozada Globe Telecom is urging local government units (LGU) to assist it in providing fast and cheap Internet connection in the country. 

By Luis Leoncio The patience of the Bangladesh government over the recovery of the $81 million stolen from its central bank, Bangladesh Bank, is wearing thin. 

By Riza Lozada  The Securities and Exchange Commission (SEC) has reiterated that corporations are absolutely banned from providing political campaign donations after queries were again raised about top corporations funding the campaigns of candidates in the May 9 elections. 

With the economy expected to expand even more this year, the Association of Filipino Franchisers Inc. (AFFI) has laid out plans to further empower entrepreneurs and the role of entrepreneurship in nation-building.

Filinvest Development Corp. (FDC) reported a net income of P7 billion last year, which was a solid 13 percent growth from the previous year.

Conglomerate Ayala Land Inc. (ALI) has recently issued bonds worth P7 billion as part of its P50 billion shelf registration. The bonds have terms of 9.5 years maturity and a 4.75 percent fixed rate due 2025. This listing marked ALI’s second tranche of its P50-billion shelf registration for a 12-percent share of the total P551.81 billion listed bonds at the …

Representatives of Deutsche Bank AG Manila and the SM Foundation with school, Department of Education (DepEd) and Local Government Unit (LGU) officials inaugurated a two-story, four classroom building in the campus of Northern Tacloban City National High School. The donation came complete with desks, tables, blackboards, electric fans with toilet provision for each classroom. The desks and tables were made …

SM Prime Holdings Inc. (SM Prime) opened last April 29 its 57th local mall , the SM City San Jose del Monte in Bulacan, which was the third in the province after SM City Baliwag and SM City Marilao.