Mitsubishi Motors Philippines Corporation (MMPC) is officially introducing the updated Mitsubishi Mirage G4, continuing its legacy as a practical, stylish, and easy-to-drive sedan that is built for everyday Filipino journeys. Since its introduction to the Philippine market in 2013, the Mirage G4 has become one of MMPC’s key models, contributing to the company’s yearly sales volume. With its proven reliability, …

In observance of Road Safety Month last May, the Vehicle Inspection Center Operators Association of the Philippines (VICOAP) continues its advocacy for vehicle inspection as a cornerstone of proactive road safety with a roundtable discussion entitled “Driving the Future: A Behind-the-Scenes Look at VICOAP and PMVICs.” “More than 13,000 lives are lost annually to road crashes in the Philippines. While …

VinFast signed collaboration agreements with four reputable partners in the country such as Goodyear Philippines, Tire King and Rubber Products, Power Tread Services, and Marcjan Cavite which are expected to play a key role in helping VinFast reach its goal of establishing over 100 authorized service workshops across the Philippines in 2025. Under the newly signed memorandum and service level …

The Government Service Insurance System (GSIS) has achieved a major milestone in its digital transformation, announcing that over 99% of its transactions—including those under the Digital GINHAWA program—were processed online during the first half of 2025. GSIS President and General Manager Jose Arnulfo “Wick” Veloso proudly reported that from January to June, nearly all services—such as loan applications, member information …

The Philippine manufacturing sector experienced a significant slowdown in May 2025 as output declined and new orders weakened, according to the latest data from S&P Global Philippines. This came despite inflation remaining relatively stable. The sector’s Purchasing Managers’ Index (PMI) dropped to 50.1 in May from 53.0 in April, barely hovering above the 50.0 mark that separates expansion from contraction. …

Headline inflation in the Philippines dropped to 1.3% in May 2025, down from 1.4% in April, marking the lowest level since November 2019, when it was at 1.2%, according to the Philippine Statistics Authority (PSA). In a briefing last week, National Statistician Dennis Mapa said the year-to-date average inflation now stands at 1.9%, at the lower end of the government’s …

The Philippine economy is expected to sustain stable growth over the next two years, mainly driven by robust consumer spending, according to the Organization for Economic Cooperation and Development (OECD). In a virtual briefing last week, Cyrille Schwellnus, head of the OECD’s Indonesia and Philippines desk, said the country’s gross domestic product (GDP) is projected to grow by 5.6% in …

The Commission on Audit (COA) has recognized the Aurora Pacific Economic Zone and Freeport Authority (APECO) for showing “a shift from past inaction” and laying the groundwork for sustained development through the completion of long-overdue infrastructure projects. In its 2024 Audit Observation Memorandum, COA cited APECO’s infrastructure initiatives as critical steps in transforming the ecozone into an investment-ready hub. According …

Global tech and services giant Concentrix has invested nearly P1.02 billion to establish its second site in Bacolod City—marking a major boost for the city’s IT-BPO industry. The new facility, named Concentrix Bacolod AIU, spans four floors and over 8,200 square meters at the AIU Centre in Barangay Mandalagan. It is expected to house around 1,800 employees—referred to by the …

The Philippine Deposit Insurance Corporation (PDIC) reported a significant increase in asset sales in 2024, generating P411.4 million from the sale of 281 properties—up by 24.7% from P330 million in 2023. In a statement released last week, the PDIC said the number of properties sold this year matched 2023 figures, but the total sale value in 2024 exceeded the aggregate …