Taiyo Nippon Sanso to Buy European Biz of U.S. Peer Praxair
July 6, 2018
Tokyo- Major Japanese industrial gas producer Taiyo Nippon Sanso Corp. said Thursday that it will acquire the European businesses of U.S. peer Praxair Inc. for 5 billion euros, or about 640 billion yen, in November. Taiyo Nippon Sanso is aiming
Finance chief sees Philippine economic growth to outgrow debt
July 6, 2018
The Philippine economic growth is expected to outgrow its debt, contrary to those projecting the country would be in a “debt crisis” due to its utilization of the official development assistance, Finance Secretary Carlos Dominguez III said on Friday. The
Suzuki Launches Fully Revamped Jimny for 1st Time in 20 Yrs
July 6, 2018
Tokyo- Japan’s Suzuki Motor Corp. released on Thursday the fourth generation of its Jimny four-wheel-drive minivehicle, fully remodeled for the first time in 20 years. The off-roader features enhanced driving performance in muddy conditions and on slopes. The automaker also
Finance, budget and NEDA “optimistic” inflation to be managed to reach 2-4% goal
July 6, 2018
The Philippines’ economic managers assured Filipinos they “remain optimistic that inflation will continue to be managed to taper-off towards the year-end” to the government’s 2-4 percent goal. In a statement by the departments of finance, budget and the National Economic
BSP ready to take “follow-through action” on inflation
July 6, 2018
The Bangko Sentral ng Pilipinas (BSP) expects inflation, which came in at a higher-then-expected 5.2 percent in June on Thursday, to peak “sometime” in the third quarter before returning to the target 2-4 percent range in 2019. “The peak will
NEDA expects inflation to” taper off by October”
July 5, 2018
The National Economic and Development Authority (NEDA) said it expects inflation to peak and taper off by October after June figures hit a high of 5.2 percent on Thursday. In a statement, NEDA Director General Ernesto Pernia said:”We expect inflation
June inflation soars to 5.2 percent
July 5, 2018
Philippine inflation for the month of June soared to a 5.2 percent from 4.6 percent in the previous month, the Philippine Statistics Agency ( PSA) said Thursday. The high rate was “primarily brought about by higher annual rate posted in
Stocks, peso down June inflation rate
July 5, 2018
The Philippine stock index fell and the peso-dollar rate declined as June inflation came in higher-than-expected on Thursday. The 5.2 percent June inflation rate weighed down on the Philippine Stock Exchange index, which finished 114.85 points lower to 7, 233.57.
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