Philippine, China to ink “at least 10 perhaps” projects during Xi’s visit, says Diokno
August 29, 2018
The Philippines and China are expected to sign “at least” 10 loan agreements for huge infrastructure projects with an estimated cost of P292 billion during the visit of Chinese President Xi Jinping in the country, an official said on Wednesday. In
Japan, China Agree to Unify Quick Electric Vehicle Charger Standards
August 29, 2018
Beijing- Japanese and Chinese industry groups on Tuesday exchanged a memorandum of understanding for unifying standards for next-generation quick chargers for electric vehicle batteries. China, which has become the world’s largest automobile market, is proceeding with the installation of chargers
Stocks, peso gain
August 28, 2018
Philippine stocks closed higher on Tuesday, with the main stock index finishing one percent. The peso closed at P53.325 against the US dollar from Friday’s P53.465. Volume reached $640.85 million from the previous trading of $421.05. The Philippine Stock Exchange
Toyota, Uber Extend Collaboration to Automated Driving
August 28, 2018
Nagoya- Toyota Motor Corp. said Tuesday it has agreed to step up collaboration with Uber Technologies Inc. to promote the development of ride-sharing vehicles using automated driving technologies. Toyota will invest 500 million dollars in Uber, the Japanese automaker’s first
Suruga Bank Chm. Okano to Step Down over Loan Scandals
August 28, 2018
Tokyo- Suruga Bank Chairman Mitsuyoshi Okano is expected to step down to take the blame for document tampering and other irregularities at the bank over loans related to real estate for investment, including share houses, it was learned Monday. Okano,
Toyota Group Firms to Set Up Driverless Technology JV
August 28, 2018
Nagoya- Automobile parts maker Denso Corp. and three other Toyota Motor Corp. group companies said Monday they will launch a joint venture in March 2019 to develop autonomous driving technologies. The new company will develop advanced control systems that meet
Production Starts for Nissan’s 1st Electric Vehicle for China
August 28, 2018
Tokyo- Nissan Motor Co. said Monday that the passenger car division of its joint venture in China has begun to produce the first electric vehicle model to be launched in the Chinese market under the major Japanese automaker’s brand. The
Sharp to Launch Compact Portable, Water-Resistant TV
August 28, 2018
Tokyo- Sharp Corp. said Monday it will launch on Sept. 20 a compact portable liquid crystal display television set that can be used anywhere inside the house. Users will be able to check recipes that they found on the Internet
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