By Jerry Maglunog The power sector and infrastructure remain the most promising investment destination in the country because of the huge backlog in power and the continuing increase in population.
Read More »Traffic, tempers and tantrums
Indulge us a bit of road rage. We’ve decided to surrender and succumb to the tempestuous rage that builds up whenever we hit Metropolitan Manila’s streets. Allow us to hitch a ride on the bandwagon by adding to the congestion of criticism and streetwise analyses rushing in from the commuting public on how to tackle the traffic problem.
Read More »‘Indonesian? Chinese? Malaysian? Thai?’
It’s baffling how our looks sometimes pin us down to the wrong map, which could turn out to be a good thing—like getting two turkey slices at a recent buffet where friends and I strayed into in Atlantic City.
Read More »The ‘prostituted’ Automated Election Law
By Rod ‘Inky’ Reyes I am ominously aghast that regardless of how seemingly attractive automated elections are, the intent and spirit behind the Automated Election Law has been and continues to be prostituted by election authorities and the contractor entrusted with safeguarding our democratic institutions. Given what happened in 2010 and 2013 where every single security feature of the PCOS …
Read More »Pontiff warns US bishops vs ‘divisive’ language
By Rachel Zoll / The Associated Press Pope Francis told US bishops on Wednesday they should avoid “harsh and divisive” language and create a Church with the warmth of a “family fire,” as he laid out a vision for American Catholicism far from the defensive stands on social issues that have put Church leaders at the center of the culture wars.
Read More »ADB, AIIB OK joint financing of projects
The region’s major multilateral lenders, the Asian Development Bank (ADB) and the Asian Infrastructure Investment Bank (AIIB), have agreed to cooperate to help speed up the development of Asia, mainly through the joint financing of projects.
Read More »RCBC: 55 years of championing financial inclusion, green banking
The Rizal Commercial Banking Corp. (RCBC) has, in more than five decades, provided service excellence to its clients with its wide array of products and services suited to the needs of its diverse clientele. Through the years, RCBC continues its commitment to offer innovative banking solutions that are relevant and beneficial to various market segments. As part of its goal …
Read More »China inks $38-B deals to buy 300 Boeing jets
Hong Kong—Boeing said Chinese companies have agreed to buy 300 jets and build an aircraft assembly plant in China. The deals, worth about $38 billion, were signed during Chinese President Xi Jinping’s visit to the United States.
Read More »Dealers, owners feel betrayed, frustrated by VW scandal
Los Angeles—Bob Rand bought his Volkswagen Passat last year for its clean emissions and high gas mileage. He liked the car so much that he convinced his son and a friend to buy one, too.
Read More »UN summit OKs 15-year anti-poverty blueprint
United Nations—With the bang of a gavel, international leaders approved an ambitious 15-year plan to tackle the world’s biggest problems, from eradicating poverty to preserving the planet to reducing inequality. Now comes the tough part: Drumming up support and money to achieve the goals and transform the world.
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The Market Monitor Minding the Nation's Business