The Market Monitor Minding the Nation's Business

By Jerry Maglunog Regardless of the type of bank, the trend is to create units that will engage in the industrial sector to realize gains from the country’s fast-growing economy.

The Management Association of the Philippines (MAP) recently conferred on Bangko Sentral ng Pilipinas (BSP) Gov. Amando Tetangco Jr. the MAP Management Man of the Year 2015 award. 

  Washington—Striving to end a cycle of crisis, congressional leaders and the White House united behind an ambitious budget and debt deal aimed at restoring a semblance of order to Capitol Hill and ending the threat of government shutdowns and defaults until well after a new president takes office. 

Tokyo—Two years after Prime Minister Shinzo Abe made women’s advancement a top policy priority, statistics suggest Japan’s male-dominated workplaces have evolved slightly, but they also highlight the deep-seated societal forces keeping the gender gap alive. The central government exceeded its 30-percent target for the hiring of women for career-track positions, raising the rate to 34 percent this year from 24 …

  Beijing—China won’t get involved in Taiwan’s upcoming elections, a government spokesman said, underscoring the sensitivity surrounding polls in which the island’s pro-independence opposition is expected to make a strong showing. 

United Nations—The United States recently voted against a United Nations (UN) resolution condemning its embargo on Cuba, even though US President Barack Obama has called on Congress to lift the trade restrictions. 

Houston—The Golden State Warriors won 112-92 at Houston last Friday (last Saturday in Manila) in a reprise of last season’s National Basketball Association (NBA) Western Conference finals, with Stephen Curry leading the Warriors and getting the better of Houston Rockets star James Harden. 

Kuala Lumpur, Malaysia—Justin Thomas birdied the final two holes to shoot a 5-under 67 at the CIMB Classic last Saturday and a share of the lead with American compatriot Brendan Steele going into the final round of the PGA (Professional Golfers’ Association of America) Tour’s Malaysian event. 

By Yuri Kageyama / The Associated Press Tokyo—Visions of cars that drive themselves without emitting any pollution while entertaining passengers with online movies and social media took center stage at the Tokyo Motor Show, which opened to the public on October 30 and ends on November 8. 

Review by Ann M. Job / The Associated Press Mazda’s smallest sport utility vehicle (SUV), the new CX-3, is a nimble five-seater with fresh styling, an affordable starting price, generous standard equipment and noteworthy fuel economy.