The Market Monitor Minding the Nation's Business

When we last heard talk about a power crisis, we heard it from the secretary of the Department of Energy (DOE). As such, what talk should have behind it the credibility of a Cabinet official and the backing of a whole department to which billions are entrusted. Had the talk been substantiated, it might have been believed. It wasn’t.

If you peer at the sky and, perhaps, see a constellation-like strand, be consoled, instead of fearful about alleged spies. Think of a star—not just a star, which winks, but someone who might smile, someone you had known.

In just a year, Vice President Jejomar Binay has seen his numbers drop precipitously from 41 percent in June 2014 to 31 percent in September 2014, 26 percent in November 2014, and finally, to 22 percent this month, in presidential surveys conducted by independent polling firms.

By JJ Atencio/ Game Changer Businesses that become immensely successful have a few things in common. One is that they are innovative.

By Jerry Maglunog Many stock markets in the world are booming. This is a sign that many companies are offering publicly their shares. Wherever you look at Nasdaq, London Stock Exchange and Paris Bourse, the trend is an upswing.

The world’s leading information technology (IT) vendors recently gathered in Manila to present solutions to Philippine companies wanting to adopt the latest trends in big data and analytics.

Vista Land’s subsidiary VLL International Inc. successfully priced last June 11 a $300 million offering of senior unsecured notes due 2022 with a nominal rate of 7.375 percent, the first 7-year tenor Notes issued by the Company under its $1-billion debut medium term note programme.

Property giant Megaworld, the country’s leading developer of integrated urban townships, is optimistic that its rental income will grow to P9 billion this year as it continues to aggressively expand its leasing portfolio driven by office, commercial centers and hotels. Megaworld’s rental income reached P2.7 billion in 2010. In 2011, this soared to P3.8 billion, a remarkable 41-percent year-on-year growth. …

By Jerry Maglunog United Coconut Planters Bank (UCPB) may be one of the top unibanks in the country, but the government is having a hard time selling it because of its political baggage. When the Philippine Deposit Insurance Corp.(PDIC) announced last year that the government is selling its 72.2-percent stake in the bank, four unibanks immediately sent their intention to buy the …

A further rise in government spending for April 2015 is seen to perk up the economy for the rest of the year, an economist at investment bank ING said. ING Bank Manila senior economist Joey Cuyegkeng said they “believe that the trend of accelerated spending would continue.”