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A VIETNAMESE woman in traditional garb prepares to leave after buying fruits and fl owers at Ben Thahn Market in Ho Chi Minh City, using as mode of transport the iconic motorcycle. Vietnam’s robust economic performance is one of Southeast Asia’s most inspiring stories, as foreign investors like Hewlett-Packard like to cite. --DENNIS D. ESTOPACE

HEADLINES
Stocks down on explosion, Dow’s drop

PHILIPPINE stocks fell the most in two months after a suspected terrorist blast at a shopping mall killed 11 people and injured at least 91 in the capital’s financial district, raising concern political instability will reduce the nation’s appeal to investors.

Government rejects all bids, cancels next T-bond sale

FIRST they rejected all bids at Monday’s sale of Treasury bills, and then the Department of Finance announced the cancellation of the P7-billion Treasury bond sale set for next week.

Trustmark defers sale of 1.56B PAL shares

TRUSTMARK Holdings Corp., a company owned by tobacco tycoon Lucio Tan, has deferred indefinitely the sale of its 1.56 billion shares in PAL Holdings Inc., a listed investment firm and controlling shareholder in Philippine Airlines Inc. (PAL).

Heavy exports reliance, weak financials may spur new ills

THE International Monetary Fund (IMF) has warned Asian countries, including the Philippines, that heavy dependence on exports and weak financial sectors may be the trigger for another regional crisis similar to the 1997 Asian financial crisis.

Southeast Asia’s SMBs lure technology giants

HO CHI MINH CITY—The robust performance of small and medium businesses (SMBs) in Southeast Asia is attracting technology megaliths like Hewlett-Packard (HP), which launched several products and solutions here that will also be introduced in other countries in the region next month.

EC, Australia asked to support trade safeguards for small ones

GENEVA—Civil-society organizations (CSOs) are asking for the support of the European Commission (EC), Australia and Asian countries such as Thailand to back the safeguards that developing countries can use when trading farm products under a multilateral trading system.

Manila safe for PRIC ’08–Apafs

UNFAZED by the recent explosion at a major shopping mall in Makati City, the board of the Asia-Pacific Association of Fiduciary Studies (Apafs) voted on October 19 to hold next year’s Pacific Region Investment Conference (PRIC) once more in Manila.

Estrada seeks ‘full pardon’

CITING the national interest and his desire to attend to his ailing mother, former President Joseph Estrada on Monday appealed to President Gloria Macapagal-Arroyo to grant him a “full and unconditional pardon”.

After Glorietta blast, Gloria makes surprise trip to Naia

PRESIDENT ARROYO made a surprise inspection of the Ninoy Aquino International Airport Terminal 2 (Naia 2) at 2:45 p.m. yesterday, three days after the Glorietta mall blast that killed eight people and wounded hundreds others.

Antiterror Council wants HSA changed amid lawsuits at SC

OFFICIALS of the Antiterror Council (ATC) disclosed Monday they are now drafting a list of proposed changes in the provisions of  Republic Act 9372, or the Human Security Act (HSA), in response to the numerous cases filed at the Supreme Court assailing the constitutionality of the HSA.

Trillanes talks of ‘bigger plot,’ lawyer says

SENATOR Antonio Trillanes IV maintained on Monday the October 19 Makati mall blast was the handiwork of Arroyo administration officials, particularly National Security Adviser Norberto Gonzales and Armed Forces chief Hermogenes Esperon Jr., despite latest reports it may have been accidental.

MORE STORIES ...

THE Manila Ocean Park at the Quirino Grandstand, Luneta Park in Manila is the first world-class marine theme-park complex to adopt a fusion concept. It brings together an oceanarium, a mall, a restaurant and open-water marine habitats. It showcases more than 20,000 marine inhabitants of about 300 species, definitely one of the largest in Asia. --RHOY COBILLA

ANC LIVE


  • Government agencies allowed to incur more loans to pay for projects’ cost overruns
  • Asia growth area should help narrow development gap
  • Execs to assist in closing infrastructure funding gap
  • Ex-official seeks quicker development of international airport in Pampanga

  • Lopez eyes big bucks from IPOs
  • Sharp sees growth potential for LCD TV
  • Oracle takes on RP firms still using old IT systems
  • Discovery Leisure’s shares sale is now in the works
  • CEB may limit Clark operations
  • By the rule: Paying fine is never fun, especially for losing firms

  • Foreign experts join Makati blast probe
  • Bulacan governor: DILG set to suspend me on bribery charge
  • Local governments tapped for climate change mitigation
  • Japanese in talks with Cebu hospital
  • Escudero wants retirement age raised to 70 yrs

  • Body lacks process for managing sea risks
  • Engineering standards for shipping facilities
  • Dubai port operator plans share sale to attract foreign investors

  • AdMix: The Magician’s Cloth
  • Branding and the Internet
  • Universal McCann appoints head for Branded Content unit
  • Bubuwit Squeaks: Unfinished task

  • Toyota traps another milestone
  • Suzuki Swift 1.5L 4AT: Subcompact sportiness
  • Opening a door and window of opportunity
  • Full Tank: Humility
  • Eyes on the Road: Free parking in malls, at last?
  • Break your Momma’s back


  • Editorial: Normalcy as weapon
  • Outside the Box: The rush to judgment
  • William Pesek: Dalai Lama grabs spotlight from China’s leaders
  • Market Files: NBN and the business of politics
  • Ann Woolner: Oldest profession, young victims online
  • Sen. Edgardo J. Angara: Resuscitating ailing companies

  • After Wolfowitz
  • Commentary: Will the ‘bottom billion’ ever catch up?

  • Conquering the Color Wheel

  • Sensational Steals, Stunning Space

  • Reeling: Edith Piaf No More No Less...Perhaps Even More

  • A young filmmaker’s rite of passage

  • Bayanihan USA builds houses for the less fortunate


  • Guiao meted 1-game suspension
  • Spending time with ‘Magic’
  • It’s Manila after all for crown
  • Preparations for title defense begin in Mandaue
  • SEA Games update: Hoops official asks, ‘Why not the Asiad?’