The Market Monitor Minding the Nation's Business

By Hillel Italie / The Associated Press New York—Eighty years after the release of Green Hills of Africa, the son and grandson of Ernest Hemingway are urging a fresh look at a work critics have often set aside. 

By Luis Leoncio The pork-barrel system that was resurrected in the 2015 budget, reaching as much as P700 billion in lump sums, was the likely result of a conspiracy of some members of the Executive and Legislative branches to park lump-sum appropriations without intending to use these for the recommended purposes but actually for the selected legislators to realign their …

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.