Dominguez assures transparency in infra projects
June 10, 2018
Finance Secretary Carlos Dominguez III has assured European businessmen that transparency will prevail as the Duterte administration fast-tracks its flagship infrastructure projects meant to link communities, enhance productivity and create new jobs, especially in the countryside. During a recent meeting
Omron Involved in Inappropriate Product Shipping
June 10, 2018
Kyoto- Omron Corp. has shipped in Japan five models of uninterruptible power supply equipment not clearing European Union environmental standards as products that meet the rules, President Yoshihito Yamada said Friday. The company made the disclosure only after media reports
Mitsubishi Materials Ships Product without Enough Checks
June 10, 2018
Tokyo- Mitsubishi Materials Corp. said Friday that it shipped copper slag aggregate, a concrete material, as a product meeting the Japanese Industrial Standards without conducting enough quality checks. The major nonferrous metal maker disclosed its direct involvement in product quality
DOF keen in setting parameters right on 3rd telco selection
June 9, 2018
Finance Secretary Carlos Dominguez III has said it is the priority of the Department of Finance (DOF) to have a selection process that will ensure the third telecommunications player to be chosen can effectively compete in the telco market. In a statement Saturday, Dominguez said he “find(s)
Stocks, peso end lower
June 8, 2018
Stocks finished lower on Friday but finished the week higher. The Philippine Stock Exchange index closed at 7,740.74 points, down 62.67 but week-on-week the index was up 1.45 percent. In the broader market, there were 116 decliners, 83 gainers and
Honda, GM to Jointly Develop New EV Battery System
June 8, 2018
Tokyo- Honda Motor Co. and General Motors Co. said Thursday that they will jointly develop a next-generation battery system for electric vehicles. The smaller-sized larger-capacity battery system will be mounted on the two automakers’ future electric vehicle models to be
Fujifilm May Drop Xerox Acquisition Plan: Chairman
June 8, 2018
Tokyo- Fujifilm Holdings Corp. may scrap its already-derailed plan to acquire major U.S. printer and copier maker Xerox Corp. if the current stalemate continues for as long as half a year, Chairman and Chief Executive Officer Shigetaka Komori said Thursday.
Nissan to Cut New Vehicle CO2 Emissions by 40 Pct by FY 2022
June 8, 2018
Tokyo- Japan’s Nissan Motor Co. said Thursday that it aims to reduce carbon dioxide emissions per new vehicle by 40 pct from the fiscal 2000 level by fiscal 2022. The automaker already has a plan to boost annual sales of
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