Gotianuns’ Filinvest Land cuts capex by P14B

Filinvest Land Inc. has trimmed its capital spending by nearly half to P16 billion as it defers planned projects for the year in response to the uncertain business environment brought about by the coronavirus outbreak.

Toyota announces first plant in Myanmar

Toyota announces first plant in Myanmar

Japanese automaker Toyota said Thursday it will open its first vehicle production plant in Myanmar, as the country’s auto market grows and the government raises import barriers.