TPP-11 to Take Effect within 2018 at Earliest: Motegi
October 30, 2018
Tokyo- Japanese Economic Revitalization Minister Toshimitsu Motegi said Tuesday that the revised Trans-Pacific Partnership free trade agreement will come into force within 2018 at the earliest. “It has become almost certain” that the pact among 11 countries excluding the United States
Hitachi to Raise Stake in Italian Railway Signal Maker
October 30, 2018
Tokyo- Hitachi Ltd. has said it will acquire an additional stake in Italian railway signal manufacturer Ansaldo STS SpA in a bid to expand its railway system business on a global scale. The Japanese electric machinery giant will spend some
Peso, stocks end lower
October 30, 2018
The Philippine peso lost three centavos to close at P53.59 against the US dollar on Tuesday. Volume at the foreign exchange portal of the Bankers Association of the Philippines reached $726.23 million from Monday’s $645.25 million. The Philippine Stock Exchange
Japan Govt Already Spends 172.5 B. Yen on 2020 Games
October 30, 2018
Tokyo- The Japanese government said Tuesday that it spent 172.5 billion yen on projects directly related to preparing and running the 2020 Tokyo Olympics and Paralympics over the five years to March this year. The government examined its 2020 Games-related
Currency conversion platform to boost trade, investments between Philippines, China
October 30, 2018
The Philippines is expected to “win a larger share” of China’s overseas investments reaching an estimated $120 billion combined with the signing of an agreement that would result in direct conversion of the two countries’ respective currencies under a soon-to-be
Sumitomo to Introduce Teleworking in Nov.
October 29, 2018
Tokyo- Major Japanese trading house Sumitomo Corp. said Monday that in November it will introduce a teleworking program allowing its employees in Japan to work from home or satellite offices. The upper limit for work under the system will be
Stocks, peso end higher
October 29, 2018
Philippine stocks ended slightly higher while the peso surged eight centavos against the US dollar on Monday. The Philippine Stock Exchange ( PSE) index ended at 7,109.03, up 44.70 points. In the broader market, there were 97 gainers, 78 decliners
Philippine economy high on agenda of Xi’s visit
October 29, 2018
DAVAO CITY – The Philippine economy is high on the agenda of the coming visit of Chinese President Xi Jinping in November this year, China’s Foreign Minister Wang Yi said Monday. Foreign Affairs Secretary Teodoro Locsin Jr said Xi’s visit
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