Toyota’s U.S. Auto Sales Up 3.6 Pct in June
July 4, 2018
New York- Toyota Motor Corp. said Tuesday its new vehicle sales in the United States grew 3.6 pct to 209,602 units in June from a year before. The increase was driven by continued brisk demand for sport-utility vehicles and pickup
Dominguez hopeful of 7% growth for economy on medium term
July 4, 2018
Finance Secretary Carlos Dominguez III has expressed confidence in the economy expanding by 7 percent or better over the medium term on the back of the government’s “mammoth investment” of up to P9 trillion for the rest of the Duterte presidency on
Tanaka to Head New Fund Emerging from INCJ Revamp
July 3, 2018
Tokyo- Former bank executive Masaaki Tanaka will head a new entity emerging from the planned reorganization of Innovation Network Corp. of Japan, a public-private investment fund, the industry ministry said Tuesday. The 65-year-old former deputy president of Mitsubishi UFJ Financial
Stocks gain slightly
July 3, 2018
Stocks gained slightly for the second day Tuesday, with the main index closing at 7,267.34, up 39.38 points. In the broader market, there were 97 decliners, 88 gainers and 50 shares unchanged. Volume reached 539.76 million worth P4.78 billion from
June inflation seen hitting at 4.9%: DOF bulletin
July 3, 2018
Inflation in June likely inched up to 4.9 percent year-on-year, up from the previous month’s 4.6 percent due to base effects and 0.35 percent month-on-month increase, the Department of Finance (DOF) said Tuesday in its economic bulletin. June 2017 inflation
Nissan Postpones Sale of Battery Biz to Chinese Fund
July 2, 2018
Tokyo- Nissan Motor Co. said on Monday that it has postponed the planned sale of its development and production operations for lithium-ion batteries for electric vehicles to Chinese private equity firm GSR Capital. The decision was made due to GSR’s
Stocks up slightly, peso at P53.43:$1
July 2, 2018
The Philippine stock index gained on Monday even as most markets in Asia ended lower. The peso closed at P53.43 against the US dollar from Friday’s P53.34. Volume reached $467.85 million from $855.4 million. The Philippine Stock Exchange index finished
Sustainable growth intact with medium-term fiscal program: DBCC
July 2, 2018
The country’s fiscal strategy remains “prudent, sustainable, and supportive of development objectives,” said the Development Budget Coordination Committee (DBCC), chaired by Budget and Management Secretary Benjamin Diokno on Monday. The inter-agency committee deliberated on the government’s fiscal program in time for
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