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Category: economy

Meralco rates up 23 centavos/kWh in October

MANILA, Philippines – Customers of Manila Electric Co. (Meralco) will have to spend more for their electricity this month as the power distributor announced a rate hike of 23 centavos per kilowatt hour (kWh). This brings the overall rate for a typical household to P13.3182 per kWh, up from September’s P13.0851 per kWh. READ: Higher

US: Four killed, 20 injured in South Carolina bar shooting

US President Donald Trump reassured China amid trade tensions, praising President Xi Jinping and pledging support. The statement follows China’s export restrictions on rare earth minerals and Trump’s threat of new 100 per cent tariffs, raising concerns over upcoming trade talks.

Inside Japan’s Great Transformation: Mazda’s Five-Year Reform Plan

Mazda, the automaker synonymous with Hiroshima a prefecture of 2. 7 million people is fighting to reinvent itself from within as the global automobile industry undergoes a once-in-a-century transformation. The company is launching a five-year internal reform to reshape its corporate culture and stay competitive amid the global shift to electric and eco-friendly vehicles.

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