The Daily Manila Shimbun

 

Arrested Carlos Ghosn Was Planning Nissan-Renault Merger: FT

November 21, 2018

New York/Paris–Nissan Motor Co. <7201> Chairman Carlos Ghosn was planning a merger between the Japanese automaker and its French alliance partner, Renault SA, before he was arrested by Japanese authorities on Monday, the Financial Times has reported. Ghosn saw the

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Stock index declines, peso climbs to P52.35:$1

November 21, 2018

The local stock index lost ground while the peso gained against the US dollar on Wednesday. The Philippine Stock Exchange ( PSE) index settled at 7,265.45, down 37.49 points. In the broader market, there were 127 decliners, 64 gainers and

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Stock index up, peso gains 16 centavos to P52.39:$1

November 20, 2018

The local share index and the peso closed higher on Tuesday. The Philippine Stock Exchange index finished 32.68 points higher to 7,302.94. In the broader market, there were 109 decliners, 84 gainers and 47 shares unchanged. The peso surged to

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Jollibee says it will put up 37 to 150 US stories in five years

November 20, 2018

Jollibee Foods Corp. announced on Tuesday plans to put up from 37 to 150 US stores in the next five years, the firm disclosed. In June, the company announced its plans to open 100 stores in Canada within the same

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Stocks up, peso gains

November 19, 2018

Philippine stocks gained on Monday, with the key index closing 2.64 percent higher. The peso closed at P57.57 against the US dollar from P52.715 on Friday. Volume at the foreign exchange portal of the Bankers Association of the Philippines fetched

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INTERVIEW: Ethiopia Seeks Investment by Japanese Manufacturers

November 10, 2018

Tokyo–Arkebe Oqubay Metiku, head of the economic planning, monitoring and supporting sector at the office of the Ethiopian prime minister, has called on Japanese manufacturers to invest in his country. Labor costs in the African country are “lower than in

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Peso, stocks end lower

November 10, 2018

The peso closed at P52.96 against the US dollar, shedding off 39 centavos from Thursday’s close. Volume at the foreign exchange portal of the Bankers Association of the Philippines went down to $897.5 million from $1.353 billion on the previous

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ICC approves change in scope and cost of North-South Commuter Railway

November 9, 2018

The Investment Coordination Committee – Cabinet Committee approved on November 6 the change in scope and increase in cost of the North-South Commuter Railway (NSCR) System. The total cost of the NSCR, a project of the Department of Transportation (DOTr)

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