Fujitsu delivers digital transformation with AI demand forecast service for TORIDOLL noodle shops throughout Japan

TOKYO, Feb 2, 2023 – (JCN Newswire via – Fujitsu and TORIDOLL Holdings Corporation (hereinafter TORIDOLL Holdings) today announced the deployment of Fujitsu’s AI demand forecast service at 823 Marugame Udon noodle shops in Japan(1), operated by TORIDOLL Holdings. The service will enable TORIDOLL Holdings to accurately forecast the customer numbers and sales by […]

Philippine growth forecast upgraded

THE ASIAN Development Bank (ADB) on Thursday said it had raised its growth forecast for the Philippines this year, but warned that a slowdown in global growth and a spike in commodity prices could threaten recovery. In its Asian Development Outlook 2022 Supplement, the multilateral lender said the country’s gross domestic product (GDP) is now […]

ADB Raises 2022 PH gdp Growth Forecast TO 6.5%

THE Philippine economy is forecast to grow faster than initially expected in 2022, following the relaxation of Covid-19 mobility restrictions in the country, the expansion of the vaccination program, and a rebound in investment and household consumption, according to a report released Thursday by the Asian Development Bank (ADB).The Asian Development Outlook (ADO) 2022 Supplement […]

BSP may consider bigger rate hikes

THE Philippine central bank would consider bigger key rate increases to support the peso and amid faster inflation, according to its new chief. “The key really is what’s the momentum of inflation,” Bangko Sentral ng Pilipinas (BSP) Governor Felipe M. Medalla told reporters on Wednesday night. Still, he expects consumer spending to boost economic growth […]

IMF warns global economy recovery threatened by virus, inflation

THE International Monetary Fund is warning of rising threats to the global economic recovery posed by the ongoing coronavirus pandemic and an outbreak of inflation. The lending agency called for greater efforts from wealthy nations to boost coronavirus vaccination rates in poorer countries, while also urging the Federal Reserve and other central banks to respond […]

Showa Denko to Record Extraordinary Loss, and Revises Forecast of Consolidated Performance

TOKYO, Jul 8, 2021 – (JCN Newswire via – Showa Denko (SDK; TSE:4004) announces that, following the “Announcement regarding Company Split (Absorption-Type Company Split) and Transfer of Energy Storage Devices and Systems Business through Share Transfer by a Consolidated Subsidiary (Change of Second-Generation Subsidiary)” which was announced today, SDK will record extraordinary loss in […]

Showa Denko Revises Forecast of Consolidated Performance and to Record Extraordinary Loss

TOKYO, May 10, 2021 – (JCN Newswire via – Showa Denko (SDK; TSE:4004) announces that it revises its forecast of consolidated business results for the first half of the year ending on December 31, 2021, which was announced on February 17, 2021, taking the latest economic conditions into consideration. Following this revision, SDK also […]

Regional Updates (04/15/21)

1 of 2 PCG Sea patrol MEMBERS of the Philippine Coast Guard took photos of these China-flagged ships during maritime patrol operations on April 13 at the Julian Felipe Reef using the BRP Cabra and two vessels of the Bureau of Fisheries and Aquatic Resources. Storm Surigae to affect eastern parts of Visayas, Luzon over […]