Peso depreciation boosts PHL’s foreign reserves, says DOF exec

MANILA — A Department of Finance (DOF) official said depreciation of the Philippine peso is not purely negative since it boosts the country’s foreign reserves. In a report to Finance…

Mahindra sales up 8 % at 46,130 units in September

NEW DELHI — Auto major Mahindra & Mahindra on Saturday reported 8 percent increase in total sales at 46,130 units in September. The company had sold 42,848 units in the…

Honda Cars sales decline 19% to 15,034 units in September

NEW DELHI — Honda Cars India Ltd (HCIL) today reported 18.77 per cent decline in domestic sales at 15,034 units in September. The company had sold 18,509 units in the…

Chinese airline to fly four times a week from Chengdu to Cebu

CEBU CITY — China Eastern Airlines, China’s second largest carrier, will operate a four times a week flights from Chengdu to Cebu at the Mactan Cebu International Airport (MCIA) in…