The Daily Manila Shimbun

 

Ayala Corp. energy subsidiary sign agreements to develop Indonesian wind farm project

January 11, 2017

Ayala Corp. energy subsidiary sign Indonesian wind farm project agreement AC Energy Holdings, Inc., a wholly-owned subsidiary of Ayala Corporation, signed investment agreements with UPC Renewables Indonesia Ltd for the development, construction, and operation of a wind farm project in

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Government pushes for higher gas and diesel taxes,  safety nets readied

January 11, 2017

With world oil prices low, the government is losing an estimated P145 billion in potential annual revenues, or about one  percent of gross domestic product because gasoline excise taxes have stayed  the same in the last two decades and diesel

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Japan’s consumer confidence up in Dec., 1st improvement in 3 months

January 10, 2017

TOKYO– Japanese consumer confidence rose in December from the previous month, improving for the first time in three months and hitting the highest level in three years and three months, amid the solid performance of Tokyo stocks and a weak

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Toyota to invest $10 bil. in U.S. over 5 years

January 10, 2017

DETROIT, USA– Toyota Motor Corp. will spend $10 billion in U.S. capital investments over the next five years, President Akio Toyoda announced Monday, under an arrangement the automaker says predates U.S. President-elect Donald Trump’s threat to penalize it for plans

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Foreign direct investments up 22.2 percent from January to October 

January 10, 2017

Foreign direct investment net inflows reached $6.2 billion during the January to October period, up 22.2 percent from $5.1 billion in the same period last year, the central bank said Tuesday. Nearly two-thirds of FDI net inflows were in the

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Stocks up for sixth session

January 10, 2017

Stocks closed higher for the sixth straight session, with the main index closing over one percent on Tuesday. The Philippine Stock Exchange Index settled at 7,364.34, up 88 points. Volume turnover reached 5.61 billion shares valued at P8.95 billion. Foreign

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Total trade up despite decline in exports for November

January 10, 2017

Exports declined 7.9 percent in November but imports surged close to 20 percent, driving total merchandise trade higher, the Philippine Statistics Authority (PSA) said Tuesday. Total trade grew by $12 billion as imports reached $7.3 billion and exports $4.7 billion

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Slim gains for stocks, peso declines slightly 

January 9, 2017

Stocks closed with slim gains on Monday after a strong surge last week that pushed the main index at a key level. The Philippine Stock Exchange index closed 28.14 points to end at 7,276.34 points despite higher volume. Turnover reached

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