The Market Monitor Minding the Nation's Business

The Philippines economy is heading for a slowdown as the effects of the European debt contagion that manifested in the problem of Greece are starting to spread worldwide.

By Jerry Maglunog The Bangko Sentral ng Pilipinas (BSP) has imposed stricter capital requirements on 10 of the country’s biggest universal and commercial banks, called domestic systemically important banks (DSIB) or those deemed too big to fail, requiring them to increase their capital adequacy ratio (CAR) to between 1.5 percent and 2.5 percent.

By Luis Leoncio The Department of Energy (DOE) has stopped DM Consunji Inc. (DMCI) group’s Semirara Mining and Power Corp.’s operations in Semirara, Antique, after a wall in the vast coalpit collapsed early Friday morning, killing five miners.

The hotel arm of listed property developer 8990 Holdings Inc. plans to invest P1.5 billion to expand its hotel portfolio over the next six years, riding on the domestic tourism boom.

The local stock market can sustain its rally in the next few years, depending on the ability of the next leader to continue the Aquino administration’s reforms focusing on macroeconomic stability, a financial expert said.

By Riza Lozada The European Union (EU) had sought a clearer policy on the installation of solar panels on rooftops of factories.

They waken ears deadened in winter from heavy, water-infused cold air. Spring, though it coaxes vegetation to rise again through summer’s full blooms, rouses that life with bird songs.

By David Espo / The Associated Press Washington—Republicans fall into two camps when it comes to United States President Barack Obama’s nuclear deal with Iran. 

Washington—Hillary Rodham Clinton spent more than $18 million hiring hundreds of employees in the first three months of her presidential campaign, creating a national operation that vastly outpaces her rivals in both parties. She has the money for it, having raised more than $46 million for the Democratic primary contest.

By Teresa Cerojano / The Associated Press Taxing cigarettes up to 75 percent of their retail price is among the most effective ways to reduce tobacco use, but too few governments levy high enough taxes, according to a World Health Organization (WHO) global report. The WHO’s 2015 report on the global tobacco epidemic was released in Manila to salute the …