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Globe closed on an additional P1.16-B in tower sales
Globe Telecom, the Zobel Family’s telecommunications company, disclosed that it closed on the sale of another 91 cell towers to Frontier Towers to raise approximately P1.16 billion in cash......»»
Reflecting on Your Business Wins
We’ve taken a look at moments of setbacks before, now let’s have a look at moments of triumph that have served as beacons of further hope that your business will be successful and personal validation, reminding us that our efforts and sacrifices are not in vain. These hard-earned victories, whether they manifest as surpassed sales […].....»»
Decline in exploitation cases; advocacy efforts strengthened
AN OFFICIAL from the Police Regional Office-Davao Region (PRO-Davao) reported two cases of online exploitation of women and children in the region in 2022......»»
Philippine food firms’ sales hit $133 million in Dubai fair
Philippine food companies generated $133 million worth of export sales from a food trade show held in Dubai last month, according to the Center for International Trade Expositions and Missions......»»
Eumir Marcial K.O’s Thai foe in Manila duel
CEBU CITY, Philippines — Olympic bronze medalist Eumir Marcial made easy work against Thai Thoedsak Sinam in his homecoming bout in Manila on Saturday night, March 23, at the Ninoy Aquino Stadium. Marcial, who is bound for the Paris Olympics in July, knocked out Sinam in the fourth round in their eight-rounder non-title bout. With.....»»
AboitizPower names new president
Aboitiz Power Corp. the listed power arm of the Aboitiz Group, has announced the appointment of Danel Aboitiz as the next president and CEO of the company starting July 1......»»
GTA 6 Delay Possible as Rockstar Pushes Staff Back to Office
One of the most highly anticipated games in history, Grand Theft Auto VI, may face delays in its release, potentially pushing its launch from 2025.....»»
Xinhua world economic news summary at 0900 GMT, March 18
BEIJING -- Global new energy passenger car sales are predicted to exceed 39 million units by 2030, said a report obtained during the China EV100 Forum 2024 concluded Sunday in Beijing. That will mark a penetration rate of almost 50 percent, rising from the nearly 20 percent in 2023 with the sales of over 13 million units, according to the report issued by China EV100, a new energy vehicle (NEV) industry think ta.....»»
Indian banking sector continues to improve with better asset quality, high credit growth: Survey
New Delhi [India], March 21 (ANI): The health of the Indian banking sector continues to improve with better asset quality and high credit growth, a survey conducted by industry body FICCI and banking association Indian Banks' Association (IBA) showed. The eighteenth round of the survey was carried out for the period July to December 2023. Those banks that were surveyed together represent about 77 per cent of the banking i.....»»
Korean firm agrees to terms of Comelec auto polls contract
South Korean firm Miru Systems and its partners have agreed with the Commission on Elections on the terms in the service contract for the 2025 automated election system.....»»
Auto, EV players welcome possible tariff relief for hybrid, e-motorcycles
Automotive firms and electric vehicle players welcomed yesterday the potential expansion of the list of vehicles that can enjoy lower tariffs to include hybrid vehicles and e-motorcycles currently being studied by the government, saying that their inclusion may promote the shift to more environment-friendly transport options......»»
PNP allows civilians to own semi-auto rifles
Civilian gun owners can now own and register 7.62mm semi-automatic rifles, according to the Philippine National Police.....»»
Prime Infra unit starts first auto MRF plant
Prime Integrated Waste Solutions Inc., a subsidiary of Enrique Razon’s Prime Infra, has inaugurated the country’s first automated materials recovery facility (MRF) that will help address solid waste management problems......»»
RCBC auto, housing loans hit P121 billion
Yuchengco-led Rizal Commercial Banking Corp. (RCBC) sustained its auto and housing loan portfolio last year, rising by 24 percent to P121 billion amid high demand......»»
Comelec mipadayon dayon sa bidding sa auto machine
Comelec mipadayon dayon sa bidding sa auto machine.....»»
Kris Aquino, Boy Abunda meet up in heartwarming reunion
Kris Aquino and Boy Abunda finally saw each other since the former went to the United States to seek treatment for her auto-immune diseases. .....»»
GM and Stellantis Engage in Intensive Union Talks for New Contract
Title: Talks Continue as Stellantis Negotiates Labor Contract with United Auto Workers Date: [Insert Date] Source: The Daily Guardian Stellantis, the parent company of Chrysler,.....»»
Sept. auto sales surge 27% — CAMPI
Reflecting the robust economic rebound, the automotive industry reported sales in the year to September posted a strong double-digit growth from 2022. In a joint report on Sunday, the Chamber of Automotive Manufacturers Philippines Inc. and the Truck Manufacturers Association said industry sales in the first nine months were 314,843, which was 26. 9 percent higher than the 248,154 units sold last year. For this year, CAMPI said it is targeting to sell 423,000 units, including imported vehicles. “We recorded the highest monthly sales in September, and we hope that positive consumer outlook will be sustained in the fourth quarter,” according to CAMPI president Rommel Gutierrez. On the other hand, sales of locally assembled vehicles in September 2023 posted an uptick of 9.5 percent or 38,628 units compared to 35,282 units sold in 2022. Cars selling hot anew The sales of passenger cars also surged to 9,558 units in September 2023, improving 19.8 percent from 7,976 units a year ago. The industry group also stated that commercial vehicle sales went up by 6.5 percent year-on-year to 29,070 units from 27,306 units. Moreover, sales of passenger cars managed a 33.2 percent increase to 80,009 units from 60,058 units in September 2022. Commercial vehicle sales jumped by 24.8 percent to 234,834 units from 188,096 units last year. “The auto market has remained resilient since 2021 and the current trend indicated that we will breach the highest pre-pandemic sales performance and achieve full industry recovery in 2023,” Gutierrez said. The brand with the greatest number of units sold in September 2023 was Japanese brand Toyota with a 45.81 percent market share, trailed by Mitsubishi with an 18.44 percent market share, followed by American brand Ford with 7.33 percent; Japan’s Nissan, with 6.36 percent; and Suzuki, with 4.28 percent market share. The post Sept. auto sales surge 27% — CAMPI appeared first on Daily Tribune......»»
Chery Auto rolls out 3 new energy vehicles
Automotive firm Chery Auto Philippines is looking to complement its product line up in the country as it plans to introduce three new energy vehicles......»»
LTO-7 to LGUs: Register unregistered vehicles
MANDAUE CITY, Philippines – The Land Transportation Office in Central Visayas (LTO-7) is encouraging local government units to register their unregistered vehicles. LTO-7 Director Glen Galario on Friday, Oct. 20, said this to ensure that all vehicles owned by the LGUs are registered and that they are road-worthy. Moreover, Galario said that this can also help LTO-7 generate more income for the region, as was discussed during the strategic meeting of LTO in Tagaytay City a month ago. All vehicles are mandated by the law to be registered under any of the following classifications that include private passenger automobiles, public utility automobiles, taxis and auto calesas, tourist motor vehicles, and government automobiles among others. Section 7 of Republic Act 4163 states that motor vehicles owned by the Government of the Philippines or any of its political subdivisions shall be registered under these classifications ((m)Government automobiles; government trucks; and (o) government motorcycles. Motor vehicles owned by government corporations, by government employees, or by foreign governments shall not be registered under this classification. According to the LTO website, Motor Vehicle (MV) Registration refers to the procedures of getting the first and most important process for every car and car owner done. The procedure creates a unique identifier – the registered plate numbers, which helps the government create a link between vehicles and their owners and users, making the vehicle easy to trace and monitor. READ: New LTO-7 director to prioritize road safety Moreover, MV registration ensures that the car is always in tip-top condition and able to keep its driver and passengers safe and out of harm’s way every time. “We can proudly say that if not all, most of the vehicles owned by all the LGUs are registered, to that extent, it can guarantee us that all plying in within the region is road worthy especially if it is owned by the government,” said Galario. Mandaue City District Office Grand Opening Meanwhile, LTO-7 also conducted the blessing and grand opening of its Mandaue City District Office and Licensing Center on Friday, Oct. 20. The LTO District Office is located on the 3rd Floor of City Time Square 2, in Barangay Tipolo. All motor vehicle registration and license transactions can be done at the office. The new office which has an area of 650 square meters is one of the biggest LTO-7 offices in the region. Galario said that it can accommodate.....»»