The Market Monitor Minding the Nation's Business

By Alvin I. Dacanay This month marks the 70th anniversary of one of World War II’s most brutal episodes: the Battle for Manila. In this conflict, which lasted from February 3 to March 3, 1945, United States forces shelled the Philippine capital to compel the remaining Japanese troops in the city to come out of hiding. They did, but at …

Derrik J. Lang / The Associated Press Los Angeles—It seems as though nothing can come between the Wachowskis. When the filmmaker-siblings are asked what incites the biggest spats between the duo best known for writing and directing The Matrix trilogy, Andy and Lana Wachowski provide a non-verbal response: The brother and sister sweetly clasp each other’s hands and tap their …

Review by Jake Coyle / The Associated Press Within the warped wardrobe of the Wachowskis latest sci-fi extravaganza, Jupiter Ascending, there are some fantastical feasts of intergalactic ridiculousness. Channing Tatum as a combination elf and speed skater. Space dinosaurs in leather jackets. A robed Eddie Redmayne as the universe’s overlord, who so gravely whispers his lines that you fear he …

Luis Leoncio One in four Filipinos or roughly 26 percent of the country’s population is poor due to wrong government priorities and policies that have failed to attract foreign investments, according to a top economist.

Luis Leoncio Port stakeholders have proposed in a report the adoption of permanent and coordinated solutions to prevent a resurgence of the congestion at the Manila ports largely brought about by the Manila truck ban which the city government lifted last Sept. 13.

If plans don’t miscarry, the country will inaugurate its first subway network by not later than 2022, a gargantuan P370-billion project that would interconnect the major business centers of Metro Manila and help ease crippling urban vehicular congestion.

The Catholic Bishops’ Conference of the Philippines (CBCP) has urged the prosecution of the authors of the unconstitutional Disbursement Acceleration Program (DAP) to deter future large-scale graft and corruption.

A new inquiry into the Mamasapano massacre starts today to try to clear the confusion over who gave Operation Wolverine the signal to proceed.

Riza Lozada The government has assured Japanese investors that incentives offered to them for the setting up of local facilities such as tax holidays and reduced taxes and duties will be retained in an effort to encourage more investments.

Top telecommunications firm Globe Telecom will allot $850 million in capital spending (capex) this year which is almost double from 2014 when it posted a record P14.5 billion profit or a 25 percent jump from a year ago driven by solid performance in its mobile, broadband, and fixed line data businesses.