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Toyota global output skids for 5th month

Photo Credit: Reuters TOKYO — Toyota’s global production tumbled in June, down for a fifth straight month with the automaker hit hard by a certification scandal in its home market and a fierce price war in China. Output worldwide for Japan’s biggest automaker slid 12.9 percent to 795,862 vehicles, the …

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19 economic zones proposed in Senate

The First Philippine Industrial Park in Batangas is one of the largest and fastest-growing ecozones in the country. (STAR / File)  MANILA, Philippines — There are a total of 19 proposed economic zones in the Senate, according to Sen. Juan Miguel Zubiri As the new chairperson for the committee on …

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Indonesia’s Q2 FDI increases 16.6%

© Reuters. FILE PHOTO-A general view of the city skyline of Jakarta, the capital city of Indonesia, August 5, 2021. REUTERS/Ajeng Dinar Ulfiana/File Photo JAKARTA — Foreign direct investment into Indonesia rose 16.6 percent on a yearly basis in the second quarter to 217.3 trillion rupiah ($13.35 billion), the investment …

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B.C. Tree Fruits co-operative shutting down after 88 years

After operating in the B.C.’s Okanagan Valley for nearly nine decades, B.C. Tree Fruits announced to growers on Friday that it is dissolving the co-operative and seeking court direction to liquidate its assets. Grower-owned co-operative cites low fruit volumes, weather impacts and difficult financial conditions. After operating in the Okanagan …

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Japanese firms in FPIP looking for 1,400 new workers

Over 1,400 new workers are needed by four Japanese companies with manufacturing facilities inside the First Philippine Industrial Park (FPIP) economic zone in the cities of Santo Tomas and Tanauan in Batangas. Prospective employees wait for their turn to fill up application forms during the recent “Sulong Buhay Job Fair” …

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Postmedia enters agreement to buy SaltWire chain of newspapers

Postmedia has entered an agreement to purchase SaltWire, Atlantic Canada’s largest newspaper chain, according to a news release issued Friday. SaltWire would remain committed to local journalism, Postmedia says. Postmedia has entered an agreement to purchase SaltWire, Atlantic Canada’s largest newspaper chain, according to a news release issued Friday. SaltWire …

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