economy

Oil price goes negative as demand collapses; stocks dip

NEW YORK  — Oil futures plunged below zero on Monday, the latest never-before-seen number to come out of the economic coma caused by the coronavirus pandemic. Stocks and Treasury yields also dropped on Wall Street, with the…

More Manila traffic woes as shipping expands

A trade expert and former Cabinet secretary under the Ramos administration said the government should come up with a policy that would move shipping traffic to ports outside Metro Manila, a crucial shift in reviving the manufacturing…

Eco-friendly vehicle to replace jeepneys

The Board of Investments (BOI) is targeting to have ready before the end of the year the concept vehicle for the CARS-like manufacturing program for eco-friendly public utility vehicles (PUVs), playing a key role in supplying new…

Great times ahead for Mitsubishi PH

These are great times, indeed, for Mitsubishi to be in the Philippines.…

MMDA names traffic choke points that ‘need emergency powers’

The Metropolitan Manila Development Authority (MMDA) on Wednesday identified areas in the National Capital Region which it called traffic choke points that “need emergency powers to resolve.” Former MMDA Chair Emerson Carlos said granting emergency powers to…

Ford steps up the pressure with the all-new Everest

FORD is raising the bar in the SUV market with the release of the all-new Everest. And in all aspects.   Price points, technology features and riding comfort are all covered in another model release that can…

Time to change gears

IN LIFE, as in driving, there comes a time when you have to change gears.   But in life, unlike in driving, you change gears much less often and the aftereffect is more long-term.   Getting married…

Audi A3 leads the small premium market

THE MARKET demand for fuel-efficient vehicles has risen strongly over the last decade, and this means small, lightweight sedans and hatchbacks in the B-segment or even smaller, as well as powerful yet fuel-efficient CRDi diesel pickups and…

Toyota Hilux sneak peek: Refining the pickup formula

TOYOTA has unveiled the all-new Hilux pickup. Designed mainly in Australia, assembled first in Thailand and aimed at the global market, the eighth-generation Hilux seeks to refine the company’s pickup formula.   What it is: The Hilux…