The Market Monitor Minding the Nation's Business

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. 

By Luis Leoncio President Aquino signed into law on December 8 the Tax Incentives and Management Act (Timta), which was much anticipated by the business sector, as it proposes to streamline the granting of government tax perks to business projects. 

By Jerry Maglunog Effective January 1, 2017, all 55 million automated teller machines (ATMs) cards and 8 million credit cards must shift to the Europay, MasterCard, Visa (EMV) standard, which basically means that the magnetic strip used in earlier credit cards will soon become history. However, as of now, no more than 30 percent of all ATMs and credit cards …

The Department of Public Works and Highways will need more qualified and well equipped contractors to implement public infrastructure projects in 2016 following the increase in DPWH’s infrastructure budget by 30 percent. 

By Daryl Rose Virtudazo Philippine Ports Authority (PPA) General Manager Juan Sta. Ana is resigning from his post effective end of this month.