The Market Monitor Minding the Nation's Business

China Banking Corp.(China Bank) and the China Banking Corporation Employees Association (CBCEA) reached a new collective bargaining agreement (CBA) amounting to P511 million covering 2015-2017, among others, providing salary increases, insurance coverage, medicine and tellers’ allowances. The union members, according to the bank’s disclosure, unanimously ratified the CBA on November 28, 2015. The new CBA is China Bank’s 24th in …

(Conclusion) Against the onslaught of globalization and the advance of juggernauts of the corporate world aggressively establishing beachheads in far and distant developing and underdeveloped economies, there not so much to spread investments but rather to achieve economies, widen margins, exploit the cheapest labor, the lowest tax regimes and the most vulnerable markets, in the light of the initiative to …

Is there “pork” in the P3-trillion budget that President Aquino has just approved? This is what is uppermost in the minds of businessmen, given the assertion from former National Treasurer Leonor Magtolis Briones that there is plenty of that excess fat in the national appropriations, by far the biggest under the Aquino administration. 

There are several ways to spin the results of the last survey of the Social Weather Stations (SWS) for 2015, which was commissioned by a business newspaper. 

Washington—Michelle Obama’s affection for the White House South Lawn has grown just like the sweet potatoes and carrots she plants there. 

BEIJING—China has created three new military bodies as part of reforms to modernize its military—the world’s largest standing force—and improve its fighting capacity. 

By Jerry Maglunog  Alarmed by complaints that many banks’ automated teller machine (ATM) cards, including those of universal banks (unibanks), are not being honored outside the country, the Bangko Sentral ng Pilipinas (BSP) said it will look into the international clearing connections between local banks and their foreign partners.

The Cabinet-level Development Budget Coordination Committee (DBCC) maintained the government’s two to four percent inflation target range for this year up to 2018.

  By Weng C. Ocfemia Party list Rep. Juan R. Revilla has asked the House committees on public works and highways and good government and public accountability to investigate how a Spanish contractor allegedly involved in a number of rigged bids and anomalous transactions in Spain, the United States and Mexico was allowed to participate in the implementation of government …

More than 100 people were killed and nearly 400 others were injured when a crane fell onto Mecca’s Grand Mosque during a rainstorm on Sept. 11.