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Keep your coins out of the piggy bank, BSP pleads

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Feeding a piggy bank with loose change may have been considered a Filipino’s practical way to save, but the Bangko Sentral ng Pilipinas said this old-age practice may not be doing the overall economy any good.

‘Toyota cars in Philippines different from those in US’

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In an effort to calm customer concerns over recent safety recalls, an official of Toyota Motor Philippines Corp. (TMP) assured its Filipino buyers that their cars are not manufactured in Europe and in the United States.

Korean firm to invest $300M for Central Luzon ethanol plant

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By Jennifer A. Ng – A Korean company is set to invest $300 million to construct an ethanol plant capable of producing 150 million liters of ethanol in Clark, Pampanga, an official of the Philippine Agricultural Development and Commercial Corp. (PADCC).

Buy Pinoy, Buy Local

Written by Free Enterprise / George S. Chua A WEEK ago, the “Buy Pinoy, Buy Local” movement was launched at the Club Filipino, spearheaded by the Federation of Philippine Industries Inc. (FPI) and the Federation of Filipino-Chinese Chambers of Commerce and Industry Inc.

Laguna-based TDK-Fujitsu cuts 2,000 jobs

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GMANews.TV – TDK Fujitsu Philippines Corp. (TFPC), which makes magnetic recording heads for computer hard disk drives, said it laid off 2,000 workers in its Biñan, Laguna facility.

Japan’s Kirin buys stake in San Miguel Brewery

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By James A. Loyola – San Miguel Corporation disclosed yesterday that it had signed a P58.9 billion ($ 1.224 billion) share purchase agreement for the purchase by Kirin Holdings Company, Limited of a 43.25 percent stake in San Miguel Brewery Inc.