The Market Monitor Minding the Nation's Business

NLEX Corp. will start construction of a P6-billion elevated expressway from Circumferential Road 3 in Caloocan City to Radial Road 10 in Navotas City within the first quarter of 2018.

The Philippines has become part of the itinerary of Dream Cruises, a luxury cruise line for the Asian market, operated by Genting Cruise Lines, owner of Star Cruises.

Transport network company Uber’s operations in the Philippines was among those hit in a massive data breach involving 57 million users worldwide dating back to October 2016.

By Riza Lozada The Ramon S. Ang-led Eagle Cement Corp (EAGLE) has embarked on its plans to raise its production capacity to 9.1 million metric tons with the recent ground breaking of its fourth production line in Malabuyoc, Cebu.

By Riza Lozada Listed Alsons Consolidated Resources Inc. (ACR) has partnered with Global Business Power Corporation (GBP) to undertake energy and power projects through its Mindanao power generation unit Alsons Thermal Energy Corp. (ATEC).

By Riza Lozada Many banking systems in Asia Pacific are still exposed to elevated levels of private sector leverage, although the buildup of such leverage has slowed, Moody’s Investors Services (Moody’s) said in a report.

By Riza Lozada The Asian Development Bank’s (ADB) board has approved a $300 million (P15 billion) loan and a $500,000 (P25 million) technical assistance grant to support the government’s efforts to develop the domestic capital market to help finance infrastructure.

Investors continue to consider the country as a sweet spot,  government officials and company executives said during the Euromoney Philippine Investment Forum.

State-owned Development Bank of the Philippines (DBP) recently received the Visa Inclusive Growth Award 2017 for its role in promoting financial inclusion in the country.

Lawyer Lorenzo  Gadon in his impeachment complaint against Chief Justice  Ma. Lourdes Sereno alleged that Sereno failed to report her attorney’s fees and truthfully disclose her Statement of Assets, Liabilities, and Net Worth (SALN) when she was first appointed to the Supreme Court.