Radar, a new brand in the new energy vehicle market, will soon be introduced to the Philippines as the United Asia Automotive Group, Inc. (UAAGI), the country’s multi-brand automotive distributor, announced its addition d to its expanding roster. “Radar has quickly emerged as a significant player in the NEV pickup segment. Notably, it holds a commanding position in its segment, …

GAC Motor Philippines, under global mobility company Astara, continues its aggressive network expansion with the inauguration of GAC Motor Matina last week in partnership with FAS Motors Inc. Located at B2 L3 South Road, Ma-a, Brgy. Talomo, Davao City, it is a modern facility offering sales, spare parts, and after-sales services and its 6-car showroom and service center, equipped with …

Strengthens role in public asset protection for 3rd straight year The Government Service Insurance System (GSIS) has once again outperformed its non-life insurance premium target—marking its third straight year of exceeding goals and reinforcing its crucial role in protecting public assets nationwide. For 2024, GSIS posted P10.5 billion in non-life insurance premiums, significantly surpassing its P8.9 billion target. This follows its strong …

Hariphil Asia Resources, Inc. (HARI), the official Philippine distributor of Hyundai Trucks and Buses, is now into electric as it will unwrap its series of new energy vehicles in the one-day Hyundai Truck and Bus Mobility EV-olution Expo on May 2 at the Filinvest Tent in Alabang, Muntinlupa City.  The event will bring together key stakeholders from government, business, and …

The Isuzu Philippines Corporation (IPC) has a new president and  Mikio Tsukui was formally introduced in a formal turnover ceremony last week at the Okada Hotel in Paranaque City. Tsukui succeeds Tetsuya Fujita, who has returned to Isuzu Motors Limited in Japan. A seasoned executive with over three decades of experience within the Isuzu Group, Tsukui has built a robust …

Mitsubishi Motors Philippines Corporation (MMPC) reiterated its commitment to education and skills development by donating three vehicles –one Mirage G4 GLX M/T and two L300 M/T units — to three academic institutions such as Laguna State Polytechnic University (LSPU) Siniloan campus, Bataan Peninsula State University (BPSU)  Balanga campus, and Eulogio “Amang” Rodriguez Institute of Science and Technology (EARIST) GMA campus. …

Several motoring journalists are invited to join the second edition of the Pink Argonauts Golf Tournament & Underwater Photo Competition with the underwater photo competition taking place from May 1-4 at the Aiyanar Beach and Dive Resort inAnilao, Mabini, Batangas while the golf tournament will be on May 9 at the Malarayat Golf & Country Club in Lipa, Batangas. The …

Despite global economic uncertainties, Ayala Corporation remains confident about its growth trajectory, following its strongest financial performance to date. During a media briefing held in Makati City on Friday, Ayala Corp. President and CEO Cezar Consing said the company is poised to build on its 2024 momentum, when it recorded an all-time high core net income of P45 billion. Asked …

Philippine shares rallied on Friday, recovering losses triggered by former U.S. President Donald Trump’s reciprocal tariff announcement earlier this month. The local currency also extended its gains against the U.S. dollar. The Philippine Stock Exchange index (PSEi) surged by 1.79 percent to close at 6,268.75, while the broader All Shares index climbed 1.02 percent to 3,695.69. According to Rizal Commercial …

The Philippine franchising industry is expected to post an eight to 10 percent revenue growth this year, reaching approximately P800 billion, with the food segment continuing to lead the charge despite global market uncertainties. At the International Franchise Conference held at the SMX Convention Center in Pasay City, Philippine Franchise Association (PFA) chairperson Christopher Lim shared the group’s latest outlook, …