The Daily Manila Shimbun

 

Subaru admits improper vehicle inspections for over 30 years

October 28, 2017

TOKYO- Subaru Corp. said Friday that unqualified workers engaged in final vehicle inspections at a domestic factory for over 30 years, dealing an additional blow to the Japanese manufacturing industry’s reputation for product quality. Subaru will recall about 255,000 vehicles

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Niigata governor remains cautious about TEPCO N-Plant restart

October 27, 2017

Niigata Governor Ryuichi Yoneyama indicated on Friday that he remains cautious about a restart of Tokyo Electric Power Company Holdings Inc.’s Kashiwazaki-Kariwa nuclear power plant in the central Japan prefecture. Meeting at Yoneyama’s office in the city of Niigata, TEPCO

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Nikkei tops 22,000 for 1st time in over 21 years

October 27, 2017

The benchmark Nikkei average surged on the Tokyo Stock Exchange Friday on the strength of brisk corporate earnings, surpassing the 22,000 threshold for the first time in almost 21 years and four months. The 225-issue Nikkei average gained 268.67 points,

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Peso ends at P51.76:$1, still 11-year lows

October 27, 2017

The peso closed still at 11-year-lows on Friday as the Philippine currency ended at P51.76 against the US dollar from Thursday’s P51.75. The peso slumped to an intraday low of P51.85 during morning trading before rallying in the afternoon session.

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Dominguez debunks misleading claim on supposed drop in FDIs

October 27, 2017

Finance Secretary Carlos Dominguez III has debunked unfounded concerns over the supposed drastic drop in the flow of foreign direct investments (FDIs) into the Philippines as he pointed to the recent “healthy” $2.3-billion capital infusion by two global firms in the country’s

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Peso, at P51.75:$1, remains at 11-year low

October 26, 2017

The peso remained in 11-year lows as it finished barely higher on Thursday from the previous day’s level. The Philippine currency ended at P51.75 against the US dollar from P51.77. Volume at the Philippine Dealing System reached $650 million from

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Task force to help solve infra process gaps – NEDA

October 26, 2017

An inter-agency task force was recently created to processes to address bottlenecks and gaps in infrastructure development, according to the National Economic and Development Authority (NEDA). In a keynote speech on Tuesday, Socioeconomic Planning Secretary Ernesto Pernia said the Project Facilitation, Monitoring and Innovation

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Peso falls to 11-year low

October 25, 2017

The Philippine peso closed at P51.77 against the US dollar, down by 23 centavos from the previous day to an 11-year low on Wednesday. The peso touched these levels on August 4, 2006 when it finished at P51.638. Volume at

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