The Daily Manila Shimbun

 

Stocks up, peso ends slightly lower vs US dollar

May 29, 2019

Philippine stocks gained on  Wednesday, with the main share index closing higher. The Philippine Stock Exchange (PSE) index settled at 7,797.75, up 36.46 points. In the broader market, there were 92 gainers and 92 decliners, while 52 shares were unchanged.

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Epson appoints new Philippine country manager

May 29, 2019

Epson has appointed a new country manager for the Philippines as it focuses on core technologies this year. Epson announced the appointment of Ando Munenori as the new managing director of Epson Singapore overseeing Southeast Asia region, and concurrently country

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Chelsea enters into agreement with Japanese shipbuilder

May 29, 2019

Chelsea Logistics and Infrastructure Holdings Corp. on Wednesday said it entered into a strategic agreement with Kumiai Senpaku Co. Ltd., one of the largest independent shipping companies in Japan to finance construction of the new passenger vessel of its wholly-owned

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PSE index up, peso loses ground vs US dollar

May 28, 2019

The key stock index rose but the peso ended lower against the US dollar on Tuesday. The Philippine peso finished at P52,30 against the greenback from P52.22 the previous day. Volume reached $913.8 million from Monday’s $633,81 million, The Philippine

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Toyota to Set Up Plant in Myanmar

May 27, 2019

Nagoya- Toyota Motor Corp.will build its first automobile assembly plant in Myanmar, with an investment totaling billions of yen, according to informed sources. Through the plant’s construction, which will begin later this year, the leading Japanese automaker aims to tap

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PSE index, peso end lower

May 27, 2019

The Philippine stock index and the peso closed lower on Monday. The peso settled at P52.22 against the US dollar, six centavos lower than Friday. Volume at the foreign exchange portal of the Bankers Association of the Philippines reached $633.31

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PCC approves Ayala Health’s acquisition of shares in regional pharma chain

May 27, 2019

The Philippine Competition Commission (PCC) has approved the acquisition by Ayala Healthcare Holdings, Inc. (AHHI) of shares in Negros Grace Pharmacy, Inc. (Negros Grace), after looking into how Ayala Group’s healthcare arm will affect the pharmaceutical retail market as its

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Japanese Electronics Retailers Divided on Huawei Smartphones

May 26, 2019

Tokyo- Major Japanese home electronics retailers are divided on the handling of Huawei Technologies Co. smartphones, after the United States imposed trade restrictions on the Chinese telecommunications equipment maker. On Friday, Bic Camera Inc. and Yodobashi Camera Co. started to

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