InDrive, a ride-hailing company with roots in Russia but based in California, is preparing to enter the Philippine market dominated by Grab Philippines after it sought to secure a franchise license. Arsen Tomsky, InDrive CEO and founder, said they submitted their request to have transport network vehicle service (TNVS) slots before the Land Transportation, Franchising and Regulatory Board (LTFRB). The …

Star for All Seasons Vilma Santos recently flew to Los Angeles, California with husband Congressman Ralph Recto and sin Ryan Christian. Vilma was also with her older sister Emilyn from the Philippines. It was a family bonding time with Vi’s sisters in the US, namely Maritess and Winnie! Oh! No sooner said, the Santos sisters embarked on a fun Tik …

Capital A chief executive officer Tan Sri Tony Fernandes is willing to hasten the local tourism industry’s recovery and attract more foreign investments to the Philippines. The AirAsia owner said more customers are switching from more expensive to less expensive products and doing shorter trips as a result of flying across the Pacific. In the Philippines, connectivity has always been …

Owning a crossover SUV is made very available by The Covenant Car Company, Inc. (TCCCI) – MG Philippines – with its “Make Your Way With MG” promo that will run until the end of the month. You can drive home in style behind the wheel of the MG ZS Style AT variant for a low down payment of only P98,000 …

Chery Auto Philippines enters the Magic 10 ranking in the passenger vehicle sales with 323 units sold for the month of May based on the latest data reported by the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI).      It was a 51 percent increase from Chery’s total sales of 214 units in April and this is mainly …

In a sea of fame car brands often associate their products with, one family exuded the prestige, luxury, and ideals of travel plus to the fore – the Kramer Family. Composed of celebrity husband and wife Doug and Chesca, along with their kids Kendra, Scarlett, and Gavin, is your typical Filipino family with their good-natured way of life that values …

The Next-Generation Ford Territory is making waves in the local automotive industry with over 1,500 units sold two months after it was launched, thanks to its powerful yet efficient performance, stylish design, premium interiors, and smart technologies. The Territory Titanium is available at P1,335,000 while the Titanium X is available at P1,599,000 and they come in six colors — Blue …

Isuzu Philippines Corporation (IPC), the country’s leading truck manufacturer and distributor, will soon be opening its Isuzu Valenzuela at one of the highly urbanized cities of Bulacan. To be operated by long-time dealer principal Industrial & Transport Equipment, Inc. (INTECO), Isuzu Valenzuela sits on a 2,000 square meter land along MacArthur Highway corner Bartolome street in Valenzuela City. It is …

The Bangko Sentral ng Pilipinas (BSP) and its partner organizations launched new financial educational programs for agricultural workers, college students and overseas Filipino workers (OFWs) at ceremonies held on June 8, 2023 at the BSP Manila head office. These initiatives were developed by the BSP in cooperation with various partner organizations to broaden and deepen the reach of financial education …

Foreign direct investment (FDI) recorded US$548 million net inflows in March 2023, lower by 30.7 percent than the US$792 million net inflows in the same month in 2022. The said decline resulted from lower net inflows across all major FDI components amid investor concerns over subdued global growth prospects. Equity capital placements during the month originated mostly from Singapore, Japan, and the …