Peso drops ahead of US CPI report

THE PESO weakened against the dollar on Tuesday as the market was cautious ahead of the release of the January US consumer price index (CPI) report overnight. The local currency closed at P54.83 versus the greenback on Tuesday, declining by seven centavos from Monday’s P54.76 finish, Bankers Association of the Philippines data showed. The peso […]

DOLE 7 to employers: Submit 13th month pay compliance report

EMPLOYERS are reminded to submit their 13th month pay compliance report to the Department of Labor and Employment (DOLE) not later than Jan. 15. DOLE 7 OIC Director Lilia Estillore on Tuesday said every covered employer shall make a report of their compliance through the DOLE Establishment Report System that should conform substantially with the […]

Release of Mazda Integrated Report 2022

HIROSHIMA, Japan, Dec 5, 2022 – (JCN Newswire via – Mazda Motor Corporation today released the first Mazda Integrated Report 2022(1), a structured presentation from both financial and non-financial perspectives looking at Mazda’s approach to value creation and other efforts, on the company’s official website. The Integrated Report is a comprehensive compilation of Mazda’s […]

MHI Publishes Integrated Report “MHI Report 2022”

TOKYO, Nov 30, 2022 – (JCN Newswire via – Mitsubishi Heavy Industries, Ltd. (MHI) today published the “MHI Report 2022.” The focus of this year’s integrated report is on MHI Group’s contributions to global Carbon Neutrality. In October 2021, MHI announced its commitment to achieve Carbon Neutrality Groupwide by 2040, and MHI Report 2022 […]

DENSO Published “Integrated Report 2022”

TOKYO, Oct 31, 2022 – (JCN Newswire via – DENSO Corporation published Integrated Report 2022 for the year ended March 31, 2022. DENSO publishes an integrated report every year in order to foster a deeper understanding among investors and all of its stakeholders regarding the Company’s initiatives toward sustainable corporate value enhancement. This report […]

PHL stocks track Wall St.’s drop on recession fears

PHILIPPINE STOCKS closed lower on Monday to track Wall Street’s decline as latest US jobs data fanned expectations of another aggressive rate hike from the US Federal Reserve next month that could push the world’s largest economy into recession. The benchmark Philippine Stock Exchange index (PSEi) declined by 99.61 points or 1.67% to close at […]

NEC Announces Progress on Environmental, Social and governance initiatives to support sustainable growth for the company and society

TOKYO, Sep 30, 2022 – (JCN Newswire via – NEC Corporation (TSE: 6701) is promoting initiatives to support sustainability in accordance with policies that aim to “Contribute to Solving Social Issues through Our Business Activities,” “Strengthen Risk Management and Enforce Compliance,” and “Promote Communication with Stakeholders.” Under the Mid-term Management Plan 2025(1), NEC is […]

Philippines 4th deadliest country for eco-activists

THE PHILIPPINES was the fourth deadliest country in the world for land and environmental defenders last year, according to an international report, which noted that killings of indigenous peoples were rampant in the Southeast Asian nation. The report by non-profit organization Global Witness said the country’s key institutions were weak, allowing perpetrators to commit crimes […]

Hitachi Publishes “Hitachi Integrated Report 2022” and “Hitachi Sustainability Report 2022”

TOKYO, Sep 16, 2022 – (JCN Newswire via – Hitachi, Ltd. (TSE: 6501) has published “Hitachi Integrated Report 2022” and “Hitachi Sustainability Report 2022” as communication tools for stakeholders. 6 material topics,15 sub-material topics and targets Hitachi considers the Integrated Report as a tool to mainly disclose Hitachi’s value creation story. The “Hitachi Integrated […]

LTFRB 7 warns PUV operators against overcharging commuters

THE Land Transportation Franchising and Regulatory Board in Central Visayas (LTFRB 7) has warned the operators and drivers of public utility vehicles (PUVs) not to overcharge the commuters or else they will face penalties.The agency, in a social media post, reminds PUV operators and drivers, particularly those operating public utility jeepneys (PUJs), to follow the […]

EXPLAINER: COA has no specific finding of overprice in Cebu City’s 2021 Covid spending. But it flags LGU ‘violations’ of rules and law on rice, packed meals. How would Sanggunian minority use COA report?

CONTEXT. The Cebu City Council — starting when Michael “Mike” Rama was still vice mayor, then acting mayor, mostly in 2021 — had been pressing for an accounting of multi-billion pesos spent on the anti-Covid campaign. It didn’t get what it wanted: not the detailed summary the Sanggunian minority, led by Councilor Nestor Archival Sr., […]

Stocks drop further ahead of US inflation report

STOCKS slid on Wednesday ahead of the release of the June US Consumer Price Index (CPI) report, which is expected to give the Federal Reserve another reason to continue hiking rates aggressively. The benchmark Philippine Stock Exchange index (PSEi) went down by 94.57 points or 1.48% to close at 6,255.37 on Tuesday, while the broader […]