Honda Cars Philippines recalls City, Fit, Civic & Accord; faulty airbags to blame

A voluntary safety recall of 1,760 units of the Honda Fit(Jazz), City, Civic and Accord has been issued by Honda Cars Philippines Inc. (HCPI). The company...

Expedient alliances: Shifting power game in Asia has former enemies rethinking their moves

TOKYO—Moscow is cozying up to its old rival China. China is holding hands with Seoul. Tokyo is striking deals with Pyongyang. In the ever-shifting game of...

As global economy recovers, corporate deal values reach highest level since 2007, survey finds

LONDON—More “headline-grabbing” acquisitions are likely over the coming year as businesses take advantage of a period of improving economic growth and cheap financing. That’s the conclusion...

PH gov’t gives film professionals higher wages than scientists, surgeons, UP president

In his column COCKTALES, Manila Standard Today writer and analyst Victor C. Agustin said that annual reports on government salaries indicate that Malacañang is giving bigger...

BOC misses target collection for June

MANILA – The Bureau of Customs (BOC) has collected only P26.969 billion for the month of June, according to a data obtained by the Philippine Star...

R&I credit rating upgrade proves PHL one of Asia’s major commercial hubs

MANILA — Budget and Management Secretary Florencio “Butch” Abad on Wednesday lauded the latest credit rating upgrade by R&I to the Philippines, saying the country is...

Japan’s R&I further upgrades investment grade rating for PHL

MANILA — Japanese debt watcher Rating and Investment Information Inc. (R&I) on Wednesday upgraded a notch its investment grade long-term foreign currency issuer rating on the...

BSP eyes to have a uniform financial benchmark within ‘14

MANILA — The Bangko Sentral ng Pilipinas (BSP) expects to come out within this year with a financial benchmark that banks will use for the pricing...

Rule on bank officers’qualifications eased

MANILA — The Bangko Sentral ng Pilipinas eased the qualifications and requirements for a bank director’s appointment, in a circular released recently. Exemptions to the previous rule...

Group seeks review of mining tax scheme