Freshly caught tuna being sold at a market in San Joaquin, Iloilo. The lower two are mackerel tuna which is the type that Southeast Asian Fisheries Development Center Aquaculture Department hopes to begin breeding this year in the Philippines. PHOTO COURTESY OF K MORI

Research project for tuna farming in PH takes off

By JM de la Cruz JAPANESE technology on farming mackerel tuna, locally known as tulingan, is set to be adopted in the Philippines. A Japanese researcher is...

T-bill rates end mixed

MANILA – Rate of the government-issued Treasury bills (T-bills) ended mixed Monday but all three tenors were oversubscribed. Average rate of the bellwether 91-day paper dropped to...
President of Toyota Motor Corporation Akio Toyoda (L) and Danish architect and Bjarke Ingels Group chief executive officer Bjarke Ingels pose at a news conference where Toyota announced plans to build a prototype city of the future on a 175-acre site at the base of Mt. Fuji in Japan, during the 2020 Consumer Electronics Show in Las Vegas, Nevada, United States Jan. 6, 2020. REUTERS

Toyota to build prototype ‘city of the future’

LAS VEGAS – Toyota Motor Corporation said on Monday it plans to build a prototype “city of the future” at the base of Japan’s Mt. Fuji,...

Higher economic growth seen for PH this 2020

MANILA – Obstacles faced by the Philippine economy in 2019 are not expected this year. An economist is optimistic for the return of domestic expansion back...
For 2020, IMF now projects domestic output to expand by 6.3 percent, slower than the 6.6 percent forecast of last April. However, these revised forecasts remain among the highest in the region. ALAMY

ADB to aid internet infrastructure in PH, Asia-Pacific

TOKYO – The Asian Development Bank (ADB) has signed a $50 million loan agreement to spur internet use in the Asia-Pacific region. The financing comes from a...
Deputy Speaker Michael Romero. FACEBOOK: MIKEE ROMERO

Solon proposes hike in local oil reserves amid US-Iran tensions

DEPUTY Speaker Michael Romero urged the Department of Energy to require local oil companies to raise their fuel reserve inventories to cushion the inflationary effects the...
Bangko Sentral ng Pilipinas forecasts August 2019 inflation rate to stay between 1.3 to 2.1 percent noting the low prices of fuel and rice and the downward adjustments in electricity rates as the factors. REMOTELANDS.COM

December inflation seen at 2.1% – analyst

MANILA – Inflation likely accelerated in December but still within the Bangko Sentral ng Pilipinas’ two to four percent goal, an analyst said Monday.  December inflation could...
A man walks past at an electronic stock board showing Japan’s Nikkei 225 index at a securities firm in Tokyo Jan. 6, 2020 in Tokyo, marking the start of this year’s trading. AP

Asian markets slide on alarm over Mideast tensions

BANGKOK – Shares skidded in Asia on Monday, with Tokyo’s Nikkei 225 index shedding 1.9 percent on concern over escalating tensions in the Middle East following...
Employees walk by the end of a 737 Max aircraft at the Boeing factory in Renton, Washington, United States. REUTERS

Boeing, US regulators review wiring issue on 737 MAX

WASHINGTON – Boeing Co. and the Federal Aviation Administration (FAA) confirmed on Sunday they are reviewing a wiring issue that could potentially cause a short circuit...
Anti-war demonstrators march past the Trump International Hotel during a demonstration against war in Iraq and Iran in Washington DC on Jan. 4, 2020. AFP

Gold, oil surge in Asia as US, Iran exchange threats

SYDNEY – Asian share markets looked to be headed into turbulence on Monday as a flare-up of tensions in the Middle East sent gold to its...