Honda N-Box Top-Selling Car for 9th Straight Month
June 6, 2018
Tokyo- Honda Motor Co.’s N-Box minivehicle topped Japan’s new vehicle sales rankings for the ninth straight month in May, industry data showed Wednesday. Sales of the N-Box totaled 18,817 units. Six of the top 10 models were minivehicles, reflecting the
Japan Imported Auto Sales Up 11.6 Pct in May
June 6, 2018
Tokyo- Sales of imported foreign-brand vehicles in Japan in May grew 11.6 pct from a year earlier to 24,108 units, up for the second consecutive month, the Japan Automobile Importers Association said Wednesday. Sales of foreign-made vehicles accounted for 10.2
HondaJet to Go on Sale in Japan
June 6, 2018
Tokyo- Honda Motor Co. said Wednesday it will expand sales of its HondaJet small business jet to include Japan. The Japanese automaker aims to start delivering the aircraft, manufactured by a U.S. subsidiary, in the first half of 2019. The
World Bank Cuts 2018 Japan Growth Forecast
June 6, 2018
Washington- The World Bank on Tuesday lowered its forecast for Japan’s economic growth this year to 1.0 pct from its January projection of 1.3 pct. Japan’s economic growth is expected to decelerate to 0.8 pct in 2019 and 0.5 pct
Stocks end slightly higher
June 6, 2018
Stocks closed slightly higher on Wednesday, with the main share index posting a marginal gain. The Philippine Stock Exchange (PSE) closed 3.38 points higher to 7,689.14 points. In the broader market, there were 108 gainers, 97 decliners and 43 shares
Ito En Eyeing Tea Bag Plant in U.S.
June 6, 2018
Tokyo- Major Japanese beverage maker Ito En Ltd. is considering building a factory to produce green tea in tea bags in the United States, company officials said Tuesday. It will be the company’s first tea bag factory abroad. The planned
S&P lifts rating of Philippine banking sector
June 6, 2018
Standard & Poor’s Global Ratings (S&P) has upgraded the Philippine banking system’s rating by a notch, citing favorable economic environment that supports growth of banks, sound regulations, and improving industry fundamentals and trends. With the upgrade, the Philippine banking sector
San Miguel submits unsolicited proposal to extend TPLEX
June 6, 2018
The infrastructure arm of San Miguel Corp. has submitted an unsolicited proposal to the Department of Public Works and Highways (DPWH) to extend the existing Tarlac-Pangasinan- La Union Expressway (TPLEX) up to San Juan in La Union from Rosario for
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