Business

The stock market declined Friday on profit-taking, in step with the rest of Asia after Wall Street retreated overnight.

The Philippine Stock Exchange Index fell 62.57 points, or 0.8 percent, to 7,740.74 on a value turnover of P5.3 billion. Losers beat gainers, 116 to 83, with 41 issues unchanged.

Metropolitan Bank & Trust Co., the second-biggest lender in terms of assets, dropped 3.1 percent to P80, while major property developer Ayala Land Inc. lost 2.4 percent to P40.80.

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Former senator Anna Dominique ‘Nikki’ Marquez-Lim Coseteng is now a stalwart of the steel sector.
Coseteng, the current chairperson of the Philippine Induction Smelting Industry Association, in a letter to Environment Secretary Roy Cimatu, justifies the use of Induction Furnace Smelting Technology.
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"Some people are born mediocre, some people achieve mediocrity, and some people have mediocrity thrust upon them." 

--Joseph Heller

By Alex P. Vidal

NEW YORK CITY -- If he did not quarrel with a fellow spoiled brat, many Filipinos wouldn't know that Senator Juan Miguel "Migz" Zubiri is a "former world champion in arnis."

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MANILA - West Zone concessionaire Maynilad Water Services, Inc. (Maynilad) and the National Water Resources Board (NWRB) honored 14 water champions who have made a difference in the area of water access and environmental sustainability at the World Water Day (WWD) Awards 2017, held at the Quezon City Sports Club recently.

Now on its third year, the WWD Awards recognizes individuals and institutions from the academe, government and non-government agencies, and the private sector. The annual award-giving event served as the culminating activity of the World Water Day celebration in the Philippines from March 15 to 24.

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"It's not the size of the dog in the fight, it's the size of the fight in the dog." -- Mark Twain

By Alex P. Vidal

NEW YORK CITY -- As long as Monico "Nyok" Puentevella and Evelio "Bing" Leonardia are active in Bacolod City politics, the City of Smile can never have a political peace of mind.

The two archenemies are Bacolod's version of Cromwell vs Charles I, Stalin vs Trotsky, Pompey vs Caesar, and Pizarro vs Atahualpa. 

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“Money cannot buy peace of mind. It cannot heal ruptured relationships, or build meaning into a life that has none.” 

--RICHARD M. DEVOS

By Alex P. Vidal

NEW YORK CITY -- When there is no food on the table, there is no peace of mind. 

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“There is nothing that will cure the senses but the soul, and nothing that will cure the soul but the senses.”  -- OSCAR WILDE

By Alex P. Vidal

NEW JERSEY -- From Willis Harman's Global Mind Change, the promise of the 21st century, we learned that there is a set of 10 premises, which, if encountered in a textbook a few decades ago, would hardly have aroused a question.

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