The Market Monitor Minding the Nation's Business

By Riza Lozada Manila Water has haled the government to an international court to demand reimbursement for expected losses computed at P79 billion, as a result of the government’s violation of the terms of its contract. 

By Riza Lozada Telecommunications giant Globe Telecom seeks to raise P1 billion from the issuance of 20 million non-voting preferred shares, the proceeds for which will be used to fund its capital expenditures.

The renewable energy arm of the Aboitiz Power Corp. has secured fresh loans worth up to P3.7 billion to fund the setting up of a solar power plant in San Carlos City, Negros Occidental.

The public should exercise caution in dealing with individuals who are not licensed to solicit funds for stock market investments, the Philippine Stock Exchange Inc. (PSE) warned in an advisory.

Pilipinas Shell Petroleum Corp. will likely hold its long-delayed initial public offering (IPO) after the national elections next year, Shell Companies in the Philippines country chairman Edgar Chua said.

Early in 2015 when the clamor for Davao City Mayor Rodrigo R. Duterte was still in its infancy—almost a fanciful pipe dream among a few supporters still then limited to those fascinated by the peace and order brought to a city surrounded by constant war and violence—comparing him with other frontrunners, we had shot from the hip and labeled him …

There is an interesting tug- of -war between telco giants Philippine Long Distance Telephone Company and Globe Telecom, on one hand, and upcoming telco entrant San Miguel Corp. in partnership with Telstra of Australia, on the other, that concerns the allocation of an important band that is deemed crucial to Internet penetration. 

The latest poll conducted by the Social Weather Stations (SWS) showed that Davao City Mayor Rodrigo Duterte is leading the current field of aspirants in terms of voters’ choice for the next president of the country. 

New Delhi— The future will be a watery one for some of the world’s biggest cities. 

By Ellen Knickmeyer / The Associated Press Los Angeles—A Pakistani woman’s role as a shooter in the San Bernardino massacre is raising fears that foreign-born brides who support the Islamic State group could marry Americans to come to the US to carry out extremist missions.