THE CAR MANUFACTURER’S headquarters in Laguna, where it invested P5.5 billion for the production of the new Tamaraw, has the capacity to produce 60,000 cars annually. By Justine Irish D. Tabile, ReporterTOYOTA MOTOR Philippines Corp. (TMP) aims to achieve monthly sales of up to 1,800
INSTANT PAYMENTS are expected to boost Philippine economic output and the number of banked Filipinos, a study showed. — UNSPLASH/NATHANA REBOUÇASREAL-TIME PAYMENTS are seen contributing an additional $323 million to the Philippine economic output and providing access to financial services to 20.9 million unbanked Filipinos
(This article is based on the research undertaken by the Research Teams of Regina Capital Development Corp., a member of the Philippine Stock Exchange and Cristina Research Foundation, a public policy advisory company.)On Oct. 30, the Hong Kong and Shanghai Banking Corp. (HSBC) issued a
PHILSTAR FILE PHOTOAYALA-LED ACEN Corp. is pouring additional investment into its subsidiary Paddak Energy Corp. worth a total of P12 million to provide technical and maintenance services to its local operations.ACEN signed a contract with Paddak to subscribe to the latter’s 1.2 million common shares
MANULIFE Investment Management and Trust Corp. (Manulife IM) has launched a unit investment trust fund (UITF) that provides access to dollar-denominated fixed-income and fixed-income-related securities globally.The Manulife Global Income Feeder Fund “aims to provide a high-quality, low-volatility income opportunity by seeking the best sources of
PHILSTAR FILE PHOTOTHE COURT OF APPEALS (CA) rejected an illegal dismissal charge filed by manpower agency workers against a firearms manufacturer and their agency, upholding earlier rulings by a labor arbiter and the National Labor Relations Commission (NLRC). According to the ruling issued by the
Conservative MP calls for increased investment in technology to reduce reliance on low-paid migrant workers, highlighting automation as a means to boost efficiency and lower net migration. Businesses should adopt more automation technologies instead of hiring low-paid migrant workers, according to Conservative MP Chris Philp. Speaking
UK consumer and business confidence declines as Labour’s tax-raising budget sparks concerns over hiring, rising costs, and economic growth prospects. UK consumers and businesses have grown more pessimistic about the state of the economy following Labour’s tax-raising budget, which has triggered concerns over hiring and escalating
The Competition and Markets Authority (CMA) has reported that UK drivers are still paying more for fuel than they should because of “stubbornly high” retail margins. The watchdog expressed concerns over weakened competition in the fuel sector, leading to inflated prices at the pump. According to the
New Online Garden Security Store Launched by Essex FamilyA new online store dedicated to garden security has recently been launched by a family in Essex. The family saw the need for better security measures after realizing the alarming statistics of thefts from gardens in England
Bethania, Wales – Ty Nant, a leading luxury Welsh water brand, has made significant strides in the global beverage market with its recent acquisition of Fonthill Water and Decantae Mineral Water from Primo Water Corporation, a major player in North America’s beverage industry.With a multi-billion
First-time homebuyers in some of the UK’s most expensive areas are hurrying to finalise property purchases before April 1, when stamp duty costs are set to rise by an average of £6,300, according to new data from Rightmove. Demand for homes among first-time buyers in London