By Riza Lozada The International Container Terminal Services Inc. (ICTSI) will infuse more capital to two subsidiaries through the conversion of the deposit for future stock subscriptions (DFFS) worth $512,548 for subscription of its subsidiary ICTSI Subic Inc. (ISI) and DFFS totaling to $1,537,644 to be converted to advances to ISI, reported to the Philippines Stock Exchange (PSE) the
Read More »The end of export subsidies
First of two parts From the perspective of global powers that insist on imposing on economies like ours the globalization paradigm as defined through the various World Trade Organization (WTO) agreements, the Asia Pacific Economic Cooperation (Apec) summits, and even by the latest Western-initiated Trans-Pacific Partnership (TPP) Agreement, the objective of trade growth has consistently been central. In their detail, …
Read More »Helping the poor in Pangasinan
IT entrepreneur Dr. Cezar T. Quiambao has emerged in the forefront of equipping the poorest of the poor in Bayambang, Pangasinan, with tools to better their lot and with their self-worth intact, their imagination fired up and their lives turning for the better.
Read More »Roxas boosting Duterte bid
What presidential aspirant Mar Roxas is doing now remindsone of a challenger in a boxing match trying too hard to unseat a reigning champion.
Read More »Japan OKs record defense budget amid China concern
Tokyo—Japan’s Cabinet approved a record-high military spending plan, endorsing plans to purchase pricey US surveillance drones and F-35 fighter jets as Tokyo steps up cooperation with Washington amid China’s increasingly assertive activity in regional seas.
Read More »Christmas storm woes continue in southern US
Birmingham, Alabama —Severe weather has plagued the southern US during Christmas week, and the misery continued as a tornado touched down in north-central Alabama on Christmas Day.
Read More »Reforms seen ensuring growth
Economic managers said the foundation have is in place to ensure continued long-term improvement in fiscal health.
Read More »Metrobank to exercise option on $125M float
By Riza Lozada The Metropolitan Bank and Trust Co. (Metrobank), which is the country’s biggest lender, will exercise its option to redeem the entire capital security it floated in the international market worth $125 million on February 15 next year which is the First Optional Redemption Date.
Read More »Neda approves three infrastructure projects
Three infrastructure projects on transportation, agribusiness financing, improvement of prison facilities and marine environment monitoring were approved by the National Economic and Development Authority (Neda) Board, headed by President Aquino, before Christmas.
Read More »Former employees of Manila Toll Expressway get P11-M back pay
By Daryl Rose Virtudazo Twenty former employees of the Manila Toll Expressway had a Merry Christmas after they were awarded P550,000 each or a total of P11-M as settlement of their awards for separation pay, attorney’s fees and full back wages.
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The Market Monitor Minding the Nation's Business