The Market Monitor Minding the Nation's Business

It was his best so far. Relatively. 

There is a need for the Bangko Sentral ng Pilipinas (BSP) to have a watchful eye on certain activities of banks and investment houses due to their grave implications on the state of the economy. One of such activities is the unchecked collusion between some banks and investment houses and the companies that float bonds in the market for their …

The next President of the Philippines must discontinue the Aquino administration’s mining liberalization policy that has resulted in destruction, poverty and armed attacks on mining-affected areas and done little for the economy, the local think tank IBON has said. 

By Jerry Maglunog The Monetary Board (MB) has further opened new opportunities for banks as it lifted restrictions on them in opening up new branches or expanding to a higher banking level.

Listed Security Bank Corp. posted a record-high profit of P7.7 billion last year, which was 7 percent higher than a year ago and translating to 15.2 percent return on equity (ROE) of shareholders.

The Philippines recently took part in the global launching of the International Infrastructure Support System (IISS), a project preparation platform developed by the Sustainable Infrastructure Foundation (SIF) in collaboration with the Asian Development Bank. 

The first completed housing project done through the People’s Plan, an alternative shelter planning project, gave 104 informal-settler families permanent housing in Sitio Pasacola, Barangay Nagkaisang Nayon, Novaliches, and Quezon City.

The alternative road designed to reduce the risk of passing the dangerous “saddle road” in Pintuyan town will be passable in seven months with the implementation of P48 million road realignment concreting project, the Department of Public Works and Highways-Southern Leyte District Engineering Office (DPWH-SLDEO) announced recently.

A total of P737.94 million has been released for the rehabilitation of an additional 621 key government facilities in Yolanda-affected areas in Regions IV-B, V, VII and VIII, according to the Department of the Interior and Local Government (DILG). 

A team of researchers at the University of Notre Dame is examining whether concrete from deteriorating infrastructure can be recycled for use as material in new buildings and bridges.