Toyota Ordered to Pay 242-M.-Dollar Damages over Texas Accident
August 19, 2018
New York- A Texas jury on Friday ordered Toyota Motor Corp. to pay 242.1 million dollars in damages to a Dallas-area couple over a rear-end collision that resulted in injuries of their two children, a law office working for the
Itochu Makes FamilyMart Uny Subsidiary
August 17, 2018
Tokyo- Major Japanese trading house Itochu Corp. said Friday it made retailer FamilyMart Uny Holdings Co. a subsidiary through a month-long tender offer through the previous day. Itochu raised its stake in FamilyMart Uny to 50.1 pct from 41.5 pct,
Stocks, peso end week higher
August 17, 2018
Philippine stocks bounced back on Friday, as the main share index closed nearly one percent higher. The Philippine peso rallied slightly to end at P53.425 against the US dollar from Thursday’s P53.44. Volume at the foreign exchange market reached $581.88
PCC approves Robinsons Retail’s acquisition of Rustan’s grocery portfolio
August 17, 2018
The Philippine Competition Commission (PCC) approved the acquisition by Robinsons Retail Holdings Inc. (Robinsons Retail) of shares in Rustan Supercenters Inc. (Rustan Supercenters), a statement said Friday. In a decision signed on August 16, the Mergers and Acquisitions Office (MAO)
Stocks down slightly, peso ends a hit higher
August 16, 2018
Philippine stocks continued its downward trek, as the main index ended lower on Thursday. The peso gained slightly at the US dollar as it closed at P53.44, .03 centavos higher than the previous day. Volume at the foreign exchange market
Corporate tax reform bill to provide incentives to well-performing schools, hospitals
August 16, 2018
Non-profit private schools and hospitals that perform well and adhere to high standards of service will continue to enjoy the current low income tax rate of 10 percent under the proposed corporate income tax (CIT) reform bill pending in the House
Stock index slightly up, peso declines to P53.47:$1
August 15, 2018
Philippine stocks closed with slight gains on Wednesday but the peso closed lower against the US dollar once more. The peso hit a low of P53.535 against the US dollar before ending at P53.47, eight centavos down from Tuesday. Volume
Diokno says lawmakers see proposed 2019 budget too tight for an election year
August 15, 2018
Some lawmakers have found the proposed 2019 budget too tight for an election year amid the opposition by the House of Representatives to a cash-based budgeting scheme, the Department of Budget and Management said on Wednesday. In his regular forum,
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