The Daily Manila Shimbun

 

BSP sees July inflation at 5.1% to 5.8% due to higher fuel rates, power rates

July 31, 2018

The Bangko Sentral ng Pilipinas (BSP) sees July inflation falling with the 5.1-5.8 percent range due to higher fuel and power rates, its economic bulletin said Tuesday. The central bank said  “increases in electricity rates in Meralco-serviced areas, water rate

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Rakuten to Buy into Gurunavi

July 31, 2018

Tokyo- Major Japanese cybermall operator Rakuten Inc. said Monday that it has agreed to form a capital and business tie-up with restaurant booking website operator Gurunavi Inc. Rakuten will buy 9.6 pct of outstanding Gurunavi shares from Gurunavi Chairman Hisao

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BOJ Offers to Buy JGBs Unlimitedly Third Time in July

July 30, 2018

Tokyo- The Bank of Japan offered to buy an unlimited amount of Japanese government bonds at a fixed yield Monday to tame a rise in long-term interest rates. This marked the central bank’s third fixed-yield, unlimited JGB buying this month.

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Drink Vending Machines with New Functions Emerging in Japan

July 30, 2018

Tokyo- Major Japanese beverage makers are adding new functions to soft drink vending machines, as sales through vending machines are dropping due to an increase in people who buy drinks at convenience stores. Suntory Holdings Ltd., in collaboration with restaurant

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Casino Operators Building Community Ties in Osaka

July 30, 2018

Osaka- Foreign casino operators are stepping up moves to build links with Osaka in western Japan, following the enactment of legislation to introduce casino-featuring integrated resorts in the country. This reflects the positive stance of both the Osaka city and

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Stocks gain, peso closes at P53.22:$1

July 30, 2018

The local stock index ended at a one-month high on Monday as trading for the month of July neared its end. The peso surged to close at P53.22 against the US dollar from Friday’s P53.285. Volume reached $664.5 million from

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Mitsubishi to Invest 220-230 B.-Yen to Develop Peru Copper Mine

July 29, 2018

Tokyo- Mitsubishi Corp. said Friday that it plans to spend between 220 billion yen and 230 billion yen to develop the Quellaveco copper mine in southern Peru. The sum is 40 pct of the project’s development costs totaling 5 billion

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BOJ Offers to Buy JGBs without Limit

July 27, 2018

Tokyo- The Bank of Japan on Friday offered to buy an unlimited amount of Japanese government bonds at fixed yields, in a bid to stop a long-term interest rate rise. For the newest 351st issue of 10-year JGBs, the BOJ

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