Bosch emphasized its commitment to advancing electric vehicle (EV) technology as the Philippines accelerates its journey toward sustainable transportation with a comprehensive portfolio of solutions for electric vehicles across all segments at the recent 12th Philippine Electric Vehicle Summit 2024. Bosch is pioneering technological advancements that enhance the overall EV experience and this was evident in the Bosch Experience Zone …

GAC Aion Philippines showcased two of its flagship electric vehicles — the AION Y Plus electric SUV and the AION ES electric sedan — at the recent 12th Philippine EV Summit (PHEVS), the country’s premier event for sustainable mobility hosted by the Electric Vehicle Association of the Philippines last month at the SMX Convention Center in Pasay City GAC Aion …

Jetour Auto Philippines Inc (JAPI) debuted two new scintillating vehicles – the T2 Terminator 4×4 and the  X50 sub-compact SUV — at the recent 9th Philippine International Motor Show at the World Trade Center in Pasay City. Both vehicles were instant hits to all visitors as JAPI managing director Miguelito Jose gave them a complete tour and have most them …

The Philippine Amusement and Gaming Corporation (PAGCOR) formally opened the second leg of the 2024 PAGCOR Photography Contest Exhibit on Wednesday, November 6, at The Grove at Newport Mall in Pasay City. Held in partnership with Newport World Resorts (NWR), the exhibit features the 48 grand finalists of the PAGCOR 2024 photo contest to give the public a creative glimpse …

The Philippine economy continues to show resilience and ranks among the fastest-growing in the region, even amid a moderated growth rate in the third quarter, according to National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan. The Philippine GDP grew by 5.2 percent in the third quarter, compared to 6 percent in the same period last year, bringing the year-to-date …

Philippine shares closed in the red territory and the peso dipped anew as President-elect Donald Trump secured the win in the US elections. The Philippine Stock Exchange index (PSEi) lost 2.11 percent or 150.98 points to 7,014.44 while All Shares fell by 1.97 percent to 3,891.64. “Investors grew anxious as Trump’s second-term win spurred selling on the PSEi, pushing it …

The country’s total external trade in goods went up by 3.0 percent to USD17.60 billion in September this year from USD17.09 billion in the same month last year, Philippine Statistics Authority (PSA) data showed. In a report, the PSA said that of the total external trade during the month, 64.4 percent were imported goods, while the remaining 35.6 percent were …

The Asian Development Bank (ADB) has approved nearly USD 1.7 billion in funding for the Laguna Lakeshore Road Network (LLRN) project, aimed at enhancing regional connectivity and reducing travel time between Manila and Laguna province. In a statement on Thursday, ADB announced that the funds will support the development of a 37.5-kilometer, climate-resilient expressway along Laguna Lake.  The funding will …

Year-on-year headline inflation increased to 2.3 percent in October from 1.9 percent in September. This is within the BSP’s forecast range of 2.0 – 2.8 percent for the month.  The resulting year-to-date average of 3.3 percent is also within the government’s inflation target range of 2-4 percent for the year.  On a month-on-month seasonally adjusted basis, headline inflation in October …

The Bank of the Philippine Islands (BPI) bagged three awards, namely “Best Card Application Initiative,” “Best Credit Card for Affluent/HNWI Clients,” and “Outstanding Marketing Campaign Initiative,” at the Global Cards & Payments Innovation Awards 2024 by The Digital Banker.  “We are proud to have been recognized for our commitment to providing customers with delightful banking experiences, to developing effective solutions, …