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The stock market continued its record run,  breaching the 8,500 level for the first time yesterday as investors cheered the recent developments in war-torn Marawi and the record high levels attained by global equities markets,  analysts said.

European investors in the Philippines said there is no reason for them to pack up and leave amid President Duterte’s continued tirades directed against the European Union.

Sales of power distributor Manila Electric Co. went up over four percent in the first nine months of 2017 – a significant growth coming from a high base last year – following a strong third quarter performance, its top official said yesterday.


What is the best way to measure Congress’ performance?

I was present at the opening of Buglasan 2017 in Negros Oriental last Friday (Oct. 13) where President Rodrigo Duterte was the guest of honor.

I have mixed feelings about what to do with the jeepneys.

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Solar Philippines is ramping up its solar factory output as it adds more customers for exports and plots the international expansion of its solar portfolio, its top official said.

The Philippine Electricity Market Corp., the operator of the Wholesale Electricity Spot Market, has launched a new system as it moves toward a fully automated, more competitive and transparent market.

Listed pizza parlor chain Shakey’s Pizza Asia Ventures Inc. is exploring new markets abroad and in the Philippines in line with its continued aggressive expansion program.

The Department of Agriculture plans to craft a five-year masterplan for the local mango industry which is experiencing decline in production despite the increasing demand in the country and abroad.

The National Food Authority is set to proceed with the opening of bids for the 250,000 metric tons of rice under the government-to-private sector importation scheme with 19 firms participating in the auction.

The Bangko Sentral ng Pilipinas said inflation has already reached its peak  at 3.4 percent this year amid the decline in oil prices and the moderation in commodity prices.

The Department of Budget and Management is optimistic that a bill seeking to strengthen the country’s budgeting system will get the approval of the Congress before the end of 2017.

An executive of Metrobank falsified documents and violated procedures in defrauding one of the country’s lenders, the National Bureau of Investigation said.

Stronger-than-expected export demand has improved growth prospects for Asia's developing economies, including China, the Asian Development Bank said Thursday.

The Philippines is expected to grow at 6.5 percent this year and 6.7 percent next year, up from earlier forecasts for 6.4 percent growth in 2017 and 6.6 percent in 2018.


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