Nissan to end car assembly in PHL
Nissan Philippines, Inc. sold 21,751 units in 2020, which represented a 9.72% share of the local market. The company’s logo is seen at Nissan Motor’s global headquarters building in Yokohama, Japan, Dec. 17, 2018. — REUTERS/KIM KYUNG-HOON/FILE PHOTO By Jenina P.
BSP sees benign inflation until 2022
Officials have recognized the African Swine Fever continues to push pork prices higher this month. — PHILIPPINE STAR/MICHAEL VARCAS INFLATION is expected to stay within the target range over the next two years, despite a recent uptick in global oil prices
‘More stable’ global economy under Biden presidency to benefit Philippines
THE PHILIPPINES is likely to benefit from a more stable world economy and subdued geopolitical tensions after United States President Joseph R. Biden, Jr. took office on Wednesday. In his inauguration speech, Mr. Biden offered a message of reconciliation, as the
Warning signs flash as emerging markets rally to new record highs
THE MSCI Emerging Markets Index has now gained more than 9% this year — REUTERS EMERGING-MARKET STOCKS have set a new swath of record highs this week, driven by optimism over additional US stimulus and a dovish Federal Reserve. The rally’s
Filinvest Land to transform unit into REIT
FILINVEST Land, Inc. is set to transform its subsidiary Cyberzone Properties, Inc. into a real estate investment trust (REIT) company to fully realize the value of its leasing business. In a statement on Thursday, Filinvest said its board of directors approved