Tag: Japanese yen

PH proposes P900-M Japanese yen loan for farm modernization

QUEZON CITY, Jan. 5 – The Department of Agriculture is proposing a P900-million Japanese Yen Loan with the Japan International Cooperation Agency (JICA) for the full mechanization of farming in a first batch of 10,000 hectares of selected rice farms under a program to modernize Philippine agriculture and help realize the Duterte Administration’s goals of producing and making available affordable food to Filipinos. Agriculture Secretary Emmanuel Piñol said that under the Philippine Agricultural Modernization Program, […]

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Tokyo stocks open down after another fall in oil prices

TOKYO, Japan (AFP) — Tokyo stocks opened lower Friday, as a stronger yen dented exporters and Wall Street disappointed. US equities fell on Thursday after a recent rally in oil prices fizzled, offering a weak lead to Japanese stocks at the start of the global day. The benchmark Nikkei 225 index at the Tokyo Stock Exchange dropped 0.90 percent, or 146.40 points, to 16,050.40 in opening deals, after a 2.28-percent jump the previous day. The […]

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