The Market Monitor Minding the Nation's Business

Athletes paraded through Beijing’s national stadium as the Winter Paralympics opened March 4 after a storm of controversy surrounding the banning of Russian and Belarusian athletes due to Moscow’s invasion of Ukraine. The lead-up to the Games was marred by high tension in the athletes’ village, threats of competition boycotts and an eleventh-hour reversal by organizers of a previous decision …

While Russia continues its bloody invasion of Ukraine, sports has again become intertwined with world politics. History shows that Germany was banned from the Olympics after World Wars 1 and 2. South Africa was long a sporting pariah over its apartheid system. The United States boycotted the 1980 Moscow Games as retribution for the Soviet invasion of Afghanistan. “It’s naïve …

By Gem Suguitan A new business venture at the height of the pandemic opened somewhere in Laguna. It rocked the social media and even the mainstream, with its use of sustainable woven pandan leaves for its tampipizza, pizza pie in a mini tampipi (a local suitcase now only seen in museums and old movies). Design had been made to suit …

Today, living an eco-friendlier life has become much more manageable. With many simple yet effective ways to make our everyday lives more sustainable, and with many groups ready to help us take that first step toward a greener future, there is every reason to start today. Living a personal sustainable lifestyle can be impactful only if we do it together …

Although he has written a book titled “At Large, At Leisure” published by the UST Publishing House in 2008, veteran entertainment journalist Nestor G. Cuartero says his new project, “PH Movie Confidential” is his first book on movie history. Nestor, who has been both a keen observer and an interactive participant in show business events, has gathered his wits and …

Almost five years after its destruction during the Marawi Siege, the LANDBANK Marawi Branch reopened on 18 January 2022 in its new location at National Highway Amai Pakpak, National Road, Barangay Biaba Damag. The LANDBANK Marawi Branch will serve the banking needs of the city’s public and private customers, as well as the 37 neighboring municipalities in the area. “LANDBANK …

Recurring Net Income 57% Higher at US$442.83M Throughput increased 10% to 11.16 million TEUsRevenues grew 24% to US$1.87 billionEBITDA 30% higher at US$1.14 billion Enrique K. Razon, Jr., ICTSI Chairman and President said: “I’m pleased to report a strong set of results for 2021. Higher volume growth and improvement in trade activities as economies have started to recover have enabled throughput to increase by …

Invites shoppers, PH hairdressers, and makeup artists to join the beauty and wellness event Fun and beautiful days ahead await mallgoers as beauty and wellness take over in 18 SM malls! Starting February 28, shoppers and beauty and wellness enthusiasts are in for a treat as SM Supermalls and the Philippine Hairdressers Association launch the National Beauty Caravan which will …

Increases regular dividends and issues special dividends on strong capital position Metrobank’s net income rose by 60% to P22.2 billion in 2021. Earnings more than doubled to P6.0 billion in the fourth quarter of 2021, boosted by the decline in provisions as the loan portfolio stayed healthy. Robust fees and other income as well as lower operating expenses further drove …

P3 Billion Proceeds to Boost Affordable Housing Business Century Properties Group, Inc. (CPG:PM) lists its 5-year P3 billion bond at the Philippine Dealing & Exchange Corp. (PDEx) after a successful market take up of the P2 billion base offer size and P1 billion oversubscription option. “This recently concluded capital markets deal has been encouraging as it reflects a more upbeat …