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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.....»»
Vehicle sales seen to reach 500,000 units this year
Vehicle sales in the country may hit 500,000 unit sales this year, driven by new models and production as well as better economic performance......»»
Ferrari stock surges on upbeat 2024 profit forecast, as luxury demand remains strong
Ferrari Exceeds Expectations with Strong Q4 Sales Results Italian luxury car manufacturer Ferrari has achieved outstanding sales results in the fourth quarter of 2023, leading.....»»
Futuristic cable car cabins launched in Singapore
Exclusively designed for the Singapore Cable Car, the SkyOrb Cabin is said to be the world's first chrome-finished spherical cable car cabin......»»
Liza Soberano spotted nga nag drive og luxury car nga tag P8.5M
Viral karon sa social media ang usa ka TikTok video nga nagpakita sa aktres nga si Liza Soberano nga nagmaneho og usa ka luxury car. Gi-interview usab siya sa American internet personality nga si Daniel Macdonald nga mas nailhan nga si Daniel Mac. Si Daniel nailhan sa iyang on-the-spot nga pagduol sa mga luxury car.....»»
18,463 MT of imported rice arrive in Philippines
At least 18,463 metric tons of imported rice from Vietnam, Thailand and Pakistan arrived in the Philippines as of Jan. 4, according to the Bureau of Plant Industry......»»
Philippines external trade drops 2.1 pct in January
MANILA, March 12 (Xinhua) -- The Philippines' total external trade in goods declined 2.1 percent year-on-year in January to 16.09 billion U.S. dollars, the Philippine Statistics Authority (PSA) said on Tuesday. Of the total external trade in January, 63.1 percent were imported goods, while the rest were exported goods, the agency said. The PSA said trade deficit in January amounted to 4.22 billion dollars.....»»
Training on ICC model for international sales contracts
The Center for Global Best Practices will host an in-person training on the International Chamber of Commerce model for international sales and contracts, its relevant rules, standards and practices, on April 23, from 9 a.m. to 5 p.m. at the EDSA Shangri-La Hotel, Mandaluyong City......»»
100K MT imported galunggong diverted to markets
At least 100,000 metric tons of imported galunggong or round scad were diverted to wet markets during the last nine months, Agriculture Secretary Francisco Tiu Laurel Jr. said yesterday......»»
CeMap to DTI: Curb uninspected imported cement in PH
CeMap to DTI: Curb uninspected imported cement in PH.....»»
P1.4-M worth imported cigarettes seized in Cotabato City
The police will turn over this week to the Bureau of Customs the P1.4 million worth imported cigarettes seized in a nighttime anti-smuggling operation at a riverside barangay here just this weekend......»»
P2.7-M worth imported cigarettes seized in Maguindanao del Norte
Vigilant merchants and policemen on Sunday intercepted a truck carrying P2.7 million worth of imported cigarettes in Sultan Kudarat, Maguindanao del Norte......»»
Phoenix stops buying imported oil
Phoenix Petroleum Philippines Inc. of businessman Dennis Uy has suspended its procurement of imported diesel and gasoline......»»
Sales agent nabbed for 2 counts of rape in Liloan
CEBU CITY, Philippines — A sales agent, who was accused of two counts of rape, was arrested in Yati Liloan on Monday evening, January 29, 2024. The suspect was identified as Leonard Raya Villar, 36 years old, a resident of Barangay Labangon, Cebu City. Villar was considered the Top 8 Most Wanted Person (MWP) at.....»»
Philippines eyes $3.82 million sales from German trade fair
The Philippines is targeting to generate $3.82 million in sales from its participation in an international consumer goods trade fair in Germany, according to the export promotions arm of the Department of Trade and Industry......»»
Vehicle sales rev up by 23% in February
Vehicle sales accelerated by more than a fifth in February from a year ago, supported by automotive firms’ marketing efforts as well as stable interest rates......»»
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......»»
Game developers generate $2.4 million in export sales
Game developers generated $2.42 million in export sales from the country’s first Game Development Summit organized by the Department of Trade and Industry......»»
MerryMart increases 2030 VISION annual sales target 25% to P150-B
MerryMart, the grocery and consumer products chain founded by Injap Sia, said in a press release that it has updated its 2030 VISION goal from P120 billion in annual consolidated systemwide sales revenue to P150 billion......»»
Meralco expects energy sales to grow this year
Despite a projected slowdown in demand from the commercial segment, the Manila Electric Co. (Meralco) still expects its energy sales to improve by 4.5 percent this year......»»