The Market Monitor Minding the Nation's Business

John Grisham’s latest novel, Rogue Lawyer (Doubleday), introduces Sebastian Rudd, a criminal defense attorney who takes on cases others want to avoid. 

Looking for thrills that you can enjoy with family and friends on Halloween? You don’t have to go far to get them, because there are thrills and treats aplenty at Richmonde Hotel Ortigas. 

By Lito U. Gagni Jollibee Foods Corp. (JFC) has embarked on an overseas expansion strategy to boost its profitability ratio, which went down when it absorbed higher operating costs and cut its product offerings by up to 10 percent. 

By Luis Leoncio  The sound fiscal reforms that had improved the economic stature of the Philippines started during the term of President Gloria Macapagal-Arroyo, Moody’s Investors Service said in its latest report on the country. 

By Jerry Maglunog  A guessing game has started on who would succeed Amando Tetangco Jr. when his second and last term as Bangko Sentral ng Pilipinas (BSP) governor ends on July 3, 2017. 

By Riza Lozada  As is his wont, President Aquino again blamed the Philippines media for sensationalizing and blowing out of proportion much of the country’s problems under his administration. In the “A Meeting of Minds” dialogue with Forbes Media Editor-in-Chief Steve Forbes at the closing of the 15th Forbes Global CEO Conference in Manila, Mr. Aquino was asked about his …

The Bangko Sentral ng Pilipinas (BSP or Bangko Sentral) scored a victory in a long legal battle as the Supreme Court (SC) ruled in its favor in its case against Orient Commercial Banking Corp. (OCBC), Jose C. Go and corporations connected with him—Gotesco Properties Inc.; Go Tong Electrical Supply Inc.; Ever Emporium Inc.; Ever Gotesco Resources and Holdings Inc.; Gotesco …

By Riza Lozada The Philippine Stock Exchange Inc. (PSE) said it would rather have no extended holidays during the Asia-Pacific Economic Cooperation (Apec) forum that the country will host next month, since the long layoff may affect the current uptrend in the bourse.

Ayala Land Inc. (ALI) recently unveiled plans for a new commercial, mixed-use development that will transform the entrance of Ayala Center Makati into a modern gateway, with a first-of-its-kind intermodal transport facility designed especially for the commuting public. 

By Riza Lozada Metro Pacific Investment Corp. (MPIC) acquired 84,012 common shares in Indra Philippines, Inc. (Indra) from the Manila Electric Company (MERALCO) for P365.525 million.Meralco reported to the stock exchange it completed the sale to MPIC noting “the said sale represents 24.95 percent of the outstanding capital stock of Indra and reduces Meralco’s stake therein to 24.95 percent.”The Board of …