The Daily Manila Shimbun

 

Saudi Arabia Shelves Huge Solar Project with Softbank: WSJ

October 1, 2018

New York- Saudi Arabia has shelved a 200-billion-dollar project to build solar power plants with Softbank Group Corp., The Wall Street Journal reported Sunday. In March, Softbank Chairman Masayoshi Son said his group concluded a memorandum of understanding with Saudi

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Dominguez eyes exchange program with Israel on economic, finance fields

September 30, 2018

Secretary Carlos Dominguez III has raised the possibility of a scholar exchange program between the Philippines and Israel to expand advanced learning opportunities for personnel of the Department of Finance (DOF) in the fields of agricultural economics, economics and finance.

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Residential property prices rose in 2nd quarter: BSP

September 29, 2018

Residential real estate prices rose by 4.8 percent year-on-year in the second quarter as the Residential Real Estate Price Index (RREPI) increased to 117.2 from 111.8 for the same quarter a year ago, the Bangko Sentral ng Pilipinas (BSP) said

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Peso stages strong rally after rate hike

September 28, 2018

The Philippine peso staged a strong rally on Friday, a day after the central bank raised policy rates by 50 basis points, as it closed at P54.02 against the US dollar, 21 centavos higher from the previous day’s finish. The

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BSP sees September inflation settling 6.8%, DOF sees it unchanged at 6.4%

September 28, 2018

The Bangko Sentral ng Pilipinas (BSP) forecast September inflation to settle around 6.8 percent while the Department of Finance (DOF) estimated the rate to remain at 6.4 percent. The BSP and DOF released differing estimates on Friday. The central bank’s

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Softbank, DiDi Start Taxi-Hailing Service in Osaka

September 28, 2018

Osaka- A joint venture between Japan’s Softbank Corp. and China’s DiDi Chuxing started on Thursday a taxi-hailing service in Osaka Prefecture, western Japan. The service by DiDi Mobility Japan Corp., available on a free smartphone app, targets visitors to Japan

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Peso gains after 50 basis point rate hike

September 27, 2018

The Philippine peso recovered after falling to near 13-year intraday lows after the Bangko Sentral ng Pilipinas announced an increase of 50 basis points in its policy rates on Thursday. The peso closed at P54. 23 against the US dollar

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3 Mitsubishi Electric Discretionary Workers Suffer from Long Hours

September 27, 2018

Tokyo- Three employees at Mitsubishi Electric Corp. working under the company’s discretionary labor system have been recognized as suffering from working long hours, informed sources said Thursday. They were among five Mitsubishi Electric workers recognized in 2014-2017 as suffering from

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