The Daily Manila Shimbun

 

Philippine eyeing $1 billion Samurai bond issue around September

June 19, 2018

Finance Secretary Carlos Dominguez III confirmed on Tuesday that the Philippines is planning to issue about $1 billion-worth of “Samurai” bonds this year following its two successful floats of dollar- and renminbi-denominated securities in the offshore markets in the first quarter. Buoyed by

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Peso hits fresh 12-year-low of P53.50 :$1 in intraday trade

June 18, 2018

The peso slid to a new 12-year-low of P53.5o against the US dollar before rallying to P53.48 on Monday. On Friday, it closed at P53.27. Volume reached $568 million from $796.45 on Friday as the market awaited the central bank’s

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Bank of Fukuoka Ltd chooses BDO Unibank as partner-bank

June 18, 2018

Japan’s third largest regional bank, Bank of Fukuoka Ltd has chosen Banco de Oro (BDO) Unibank as its partner-bank in the Philippines to “service the needs of its clients should they decide to expand their business or set up shops.”

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BOJ Keeps Easing Policy Intact, Lagging in Normalization

June 15, 2018

Tokyo- The Bank of Japan decided to leave its ultraeasy monetary policy unchanged at its two-day Policy Board meeting that ended on Friday, further lagging behind its U.S. and European counterparts in policy normalization. As the BOJ is still far

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Costco to Launch E-Commerce Biz in Japan

June 15, 2018

Tokyo- Costco Wholesale Japan Ltd. plans to launch an e-commerce service in Japan in 2019, officials have said. The unit of major U.S. big-box retailer Costco Wholesale Corp. aims to take advantage of the growing popularity of online shopping services

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Tokyo DisneySea to Expand by 20 Pct

June 15, 2018

Tokyo- Oriental Land Co., the operator of Tokyo Disney Resort, said Thursday that it will expand the size of the Tokyo DisneySea theme park by about 100,000 square meters, or 20 pct. The expanded area will include four attractions featuring

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Fuji Xerox to Close Printer Plant in Central Japan

June 14, 2018

Tokyo- Fuji Xerox Co. will close its printer plant in Kashiwazaki in the central Japan prefecture of Niigata at the end of March 2019, according to informed sources. The closure is part of a reconstruction plan announced by the Tokyo-based

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Nissan Aiming to Double Share in Saudi Arabia

June 14, 2018

Tokyo- Japan’s Nissan Motor Co. has set a goal to double its share in the Saudi Arabian automobile market to 14 pct by fiscal 2022. The goal is part of a business plan for emerging markets, including the Middle East,

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