The Daily Manila Shimbun

 

Foreign portfolio investments yield net inflows in November

December 16, 2017

Foreign portfolio investments registered in November amounted to $1.1 billion, down by 18.5 percent and 5.2 percent from figures recorded the previous month and a year ago, respectively, the central bank said Saturday. About 80.8 percent of investments registered during

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Stocks lower in final trading day of the week

December 15, 2017

Stocks ended lower, with main counters posting declines as the trading week wound up on Friday. The Philippine Stock Exchange index finished 124.02 points lower to 8,337.04. In the broad market, there were 123 decliners, 81 gainers and 38 shares

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Current account reports surplus, but balance of payments in deficit

December 15, 2017

The current account reversed to a surplus of  $554 million in the third quarter from a deficit of 30 million during the same period last year, the Bangko Sentral ng Pilipinas (BSP) said Friday. But the current account surplus was

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Japan panel proposals include 13.7% livelihood aid cut option

Japan panel proposals include 13.7% livelihood aid cut option

December 15, 2017

Tokyo- An advisory body to Japan’s welfare ministry made on Thursday proposals on the reduction of livelihood assistance for households on welfare, including an option of cutting the aid by up to 13.7 percent. In a report it drew up

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Rakuten announces plan to become Japan’s 4th mobile carrier

December 15, 2017

Tokyo- Rakuten Inc. said Thursday that it aims to become Japan’s fourth mobile carrier with its own communications infrastructure, hoping to launch the services in 2019. The major cybermall operator will apply for frequency band allocation for the fourth-generation mobile

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Tokyo Gas mulling electricity biz in Central Japan

December 15, 2017

Tokyo- Tokyo Gas Co. is considering expanding into the electricity market in central Japan, following full liberalization of power retail sales in spring last year, President Michiaki Hirose said in a recent interview. Tokyo Gas is in talks with Toho

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Nikkei drops for 4th session on Wall Street’s fall

December 15, 2017

Tokyo- The benchmark Nikkei average extended its losing streak to a fourth session on the Tokyo Stock Exchange Friday, weighted down by an overnight fall in US equities. The 225-issue Nikkei average fell 141.23 points, or 0.62 percent, to end

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Remote-monitored driverless cars tested on Japan public roads

December 15, 2017

Tokyo- Tests of driverless cars under a remotely monitored system were conducted on public roads in Tokyo and a town in Aichi Prefecture, central Japan, on Thursday. According to the Tokyo metropolitan government and others, the self-driving tests represented Level

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