Recent Posts

Phl to import 424K MT of refined sugar

The Sugar Regulatory Administration is allowing the importation of 434,000 metric tons of refined sugar to boost domestic supply and buffer stock to stave off spiralling prices following the end of the milling season. In Sugar Order No. 8, authorizing the importation, the SRA said the end of milling season and the finite supply of sugar prompted the decision to …

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New GWM Cannon amazes on track

GWM Philippines presented its newest pickup workhorse – the GWM Cannon – in sizzling fashion as it put to a grueling test their newest product during the GWM Track Day last Thursday at the R33 Drift Track in San Simon, Pampanga. It was truly a New Cannon Experience for all the huge number of attending motoring media and content creators …

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Volvo Philippines launches XC90, XC60.

Volvo Philippines unveiled its two premium PHEV SUVs — the XC90 and XC60 – during the recent Volvo Philippines’ ALIVE: Bringing the World of Volvo to Life event held at the Grand Ballroom of the Solaire Resort in Paranaque City. The Volvo XC90 PHEV, Volvo’s flagship SUV, embodies refined strength—designed for professionals and families who seek space, presence, and understated …

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Honda Phils unveils NAVi scooter

Honda Philippines Inc. (HPI) launched the all-new Honda NAVi, a new scooter designed for today’s young and expressive generation and encourages riders to live in the moment, embrace self-expression, and ride on their terms in grand fashion, last Friday at the jampacked Market, Market in Taguig City. Aside from the unveiling of the Honda NAVi, HPI also held exclusive test …

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Zeekr 7X next gen luxury SUV

The Zeekr 7X, hailed as the “Next Generation Luxury SUV” by its manufacturer, Zeekr Global (maker of luxury electric vehicles in China), was unveiled recently during the opening of the very first Zeekr showroom in the country presented by the Autohub Group, its exclusive distributor in the country. Combining advanced electric technology with elegant design, the Zeekr 7X represents the …

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Kaiyi Auto, Xpress join forces

Kaiyi Auto Philippines has joined forces with Xpress Super App, the country’s leading super app for mobility and logistics solutions, recently by integrating Kaiyi’s cutting-edge electric vehicles into Xpress Super App’s rapidly expanding platform. Both Kaiyi and Xpress Super App are committed to delivering cleaner, more efficient, and customer-centric mobility options. At the core of this collaboration lies a shared …

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Omoda and Jaecoo Philippines expands dealerships

The Omoda and Jaecoo Philippines network gets bigger as the Philman Motors, covering the General Trias, Cavite area, and Goldfield Motors, covering the Iloilo City area, joined its aggressive and strategic expansion plan with the inauguration of their respective brand-new dealerships. These bring Omoda and Jaecoo Philippines’ total dealerships to 2 in Luzon, 3 in Metro Manila, 2 in Visayas, …

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Peso steady, stocks slip

The Philippine peso held firm against the U.S. dollar on Friday, even as the local stock market edged lower on persistent concerns over newly announced U.S. tariffs. The peso closed at P56.47 against the greenback, slightly stronger after opening at P56.55. It traded within a narrow range of P56.49 to P56.55, with an average rate of P56.46. Trading volume slipped …

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GSIS, PSALM, NPC seal pact to settle P1-B unpaid premiums

MANILA — In a landmark move that underscores a shared commitment to service and social justice, the Government Service Insurance System (GSIS), Power Sector Assets and Liabilities Management Corporation (PSALM), and National Power Corporation (NPC) have signed a tripartite agreement to resolve the long-standing issue of unremitted premium contributions amounting to over P1 billion. GSIS President and General Manager Jose …

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Meralco hikes July power rates by P0.49/kWh

Consumers will see higher electricity bills this July after the Manila Electric Company (Meralco) announced a P0.49 per kilowatt-hour rate hike, driven by rising generation charges brought about by surging global oil prices and the weakening of the Philippine peso. The increase follows a cumulative P0.8575/kWh drop in power rates over the past two months. For typical residential users consuming …

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