Hitachi Rail Awarded Contract to Operate and Maintain Princess Noura Bint Abdul Rahman University Autonomous System in Riyadh, Saudi Arabia

Riyadh, Saudi Arabia, Jan 20, 2022 – (JCN Newswire via SEAPRWire.com) – Hitachi Rail announced today that it has signed a 72.5 million EUR contract with Princess Noura Bint Abdul Rahman University to operate and maintain the autonomous metro system in Riyadh, Saudi Arabia for the next three years. Autonomous metro system in Riyadh, Saudi […]

MC and Kinki Sharyo Sign Contract with Egyptian Government for Rolling Stock Deliveries for Phase 1 of Cairo Metro Line 4

TOKYO, Nov 9, 2021 – (JCN Newswire via SEAPRWire.com) – Mitsubishi Corporation (MC) and The Kinki Sharyo Co., Ltd. (Kinki Sharyo) are pleased to announce that we have signed a contract with National Authority for Tunnels (NAT) to deliver 184 cars of rolling stock for Phase 1 of Cairo Metro Line 4(New CP 412). The […]

Peso rises vs dollar on eased restrictions, findings on Pfizer’s COVID-19 treatment

THE PESO continued to strengthen versus the greenback on Monday on developments of a treatment for the coronavirus disease 2019 (COVID-19) and the relaxation of mobility restrictions in Metro Manila. The local unit ended trading at P50.16 per dollar on Monday, appreciating by 17 centavos from its P50.33 close on Friday, data from the Bankers […]

COVID-19 situation in metro and 8 other regions better, says OCTA

CORONAVIRUS infections in the capital region and other key economic hubs have been decreasing, according to researchers from the country’s premier university. Cases in the National Capital Region (NCR) and eight other provinces were on a “downward trend,” OCTA Research Group fellow Fredegusto P. David tweeted on Sunday. The so-called NCR Plus 8 is composed […]

Mitsubishi Heavy Industries Engineering Partners in New Concession of Dubai Metro and Dubai Tram in Joint Venture with Keolis and Mitsubishi Corp.

TOKYO, Sep 22, 2021 – (JCN Newswire via SEAPRWire.com) – Mitsubishi Heavy Industries Engineering, Ltd. (MHIENG, the Company), a Group company of Mitsubishi Heavy Industries, Ltd. (MHI) based in Yokohama, Japan, has successfully begun operations of Dubai Metro, a fully automated driverless rail system1), as well as the Dubai Tram network in Dubai, United Arab […]

Peso climbs versus dollar

THE PESO strengthened versus the greenback on Tuesday on the back of an expected slowdown in economic activity following the extension of strict restriction measures in Metro Manila and the dovish tone of the US Federal Reserve during last week’s Jackson Hole symposium. The local unit closed at P49.76 per dollar, gaining 19.5 centavos from […]

P9.1-B cash aid in Metro Manila released  

ABOUT 81% or P9.1 billion out of the P11.2-billion financial assistance for Metro Manila residents affected by the recent two-week strict lockdown has already been released as of Aug. 24, the Presidential Palace said on Thursday.   This means more than nine million beneficiaries have received cash assistance, Palace Spokesman Herminio L. Roque, Jr. told a televised news briefing.    He added that the national […]

No Meralco disconnection in strict lockdown areas

MANILA Electric Co. (Meralco) is putting on hold disconnection activities in Metro Manila and Laguna until the third week of August, after the government placed both areas under stricter quarantine categories. “Given the current situation, we continue to take into consideration the challenges our customers are facing amid these difficult times. Thus, we will again […]