Some 2,700 Applications Filed for “Minpaku” Lodging Biz under New Law
June 14, 2018
Tokyo- The number of applications to conduct “minpaku” lodging business under a new Japanese law totaled 2,707 as of a week before the minpaku law goes into effect on Friday, according to Japan Tourism Agency officials. The total was far
Peso hits new 12-year low of P53.27:$1
June 14, 2018
The Philippine peso closed at a new 12-year low as it closed at P53.27 against the US dollar on Thursday, down from the previous day’s P53.23. The currency had been declining due to the prospects of a rate hike by
Toyota to Invest 1 B. Dlrs in Southeast Asian Ride-Hailing Firm
June 14, 2018
Nagoya- Toyota Motor Corp. said Wednesday it will invest one billion dollars in Grab Holdings Inc. to reinforce its business alliance with the leading Southeast Asian ride-hailing company, with a view to expanding into vehicle-related markets in the region. Payment
Toshiba to Spend 700 B. Yen on Share Buyback
June 13, 2018
Tokyo- Toshiba Corp. said Wednesday that it will spend some 700 billion yen to buy back its own outstanding shares as part of an effort to provide returns to stockholders. The Japanese electronics maker will implement the step “at the
Peso hits 12-year-low of P53.26:$1
June 13, 2018
The peso fell to a 12-year low while stocks ended lower on Wednesday, a day after trading resumed due to the Independence Day holiday. The peso hit the day’s low at P53.26 against the US dollar, marking its lowest since
Japan Producer Prices Up 2.7 Pct in May
June 12, 2018
Tokyo- Japan’s producer price index for May rose 2.7 pct from a year before, up for the 17th straight month, the Bank of Japan said Tuesday. The producer price index for May stood at 101.1 against 100 for the base
Japan Used Vehicle Sales Up 3.9 Pct in May
June 12, 2018
Tokyo- Sales of used vehicles in Japan in May rose 3.9 pct from a year earlier to 314,710 units, up for the second consecutive month, the Japan Automobile Dealers Association said Tuesday. The figure does not include minivehicles, equipped with
U.S. Leads Global Growth in Soy Sauce Demand
June 12, 2018
Fontana, Wisconsin- “Shoyu” soy sauce is becoming increasingly common in U.S. households. The United States is a leading market for Japan’s shoyu exports that have been growing on the back of a worldwide Japanese cuisine boom. A Mariano’s supermarket in
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