The Philippine Deposit Insurance Corporation (PDIC) will dispose of 44 real properties across Visayas and Mindanao through an electronic public bidding (e-bidding) scheduled next month, as part of its continuing effort to liquidate assets of closed banks. In a statement last week, PDIC said bid submissions will be accepted from 9 a.m. on June 17 until 1 p.m. on June …

The Metropolitan Bank & Trust Company is boosting returns for savers by increasing the interest rate of its Online Time Deposit (OTD) to as high as 5% per annum, as more Filipinos seek safer and more structured ways to grow their money amid rising living costs. The bank said the higher rate is intended to encourage disciplined saving and help …

East West Banking Corporation has gathered its Priority clients for an exclusive market briefing titled “Partnership Perspectives: Guiding You Through Today’s Markets,” aimed at providing timely investment insights amid global economic uncertainty. The session featured an outlook from Chief Investment Adviser Bede Gomez, who discussed major global risks such as geopolitical tensions, oil price fluctuations, and persistent inflation pressures that …

VinFast signed a memorandum of understanding with 29 international aftersales partners early this month to establish EV service workshops that meet VinFast’s global standards in their respective markets during the 2026 Global Business Conference. Organized by VinFast, the event marked the first time more than 200 investors and partners who have accompanied and will accompany VinFast across North America, Europe, …

In observance of the Road Safety Month, Hariphil Asia Resources, Inc., the official distributor of Volvo Cars Philippines reinforced its commitment to safer mobility by highlighting the advanced safety technologies of the Volvo EX30 Core, a fully electric compact SUV designed to help protect drivers, passengers, pedestrians, and cyclists in busy urban environments.. Backed by nearly a century of safety …

Chery Auto Philippines opened its Chery Quezon Avenue just recently, a new full-service dealership operated by Wheels Inc. which is one of the country’s most respected and established automotive dealer groups. Located at 602 Quezon Avenue cor. Tuayan Street, Quezon City, the new dealership officially offers customers in Quezon City and nearby areas greater accessibility to Chery’s growing lineup of …

Fast-growing BEV brand VinFast, in partnership with TJ Motors Ventures Corp., continues to expand its presence in the Philippines with the opening of its Cebu South showroom, further strengthening its footprint in the Visayas region. The grand openingat Il Corso, Cebu, marked another milestone in the brand’s efforts to make battery electric mobility more accessible to Filipinos nationwide. Located at …

The Motorcycle Development Program Participants Association encourages riders to adopt simple habits that can help reduce fuel consumption whether you use your motorcycle for daily commuting, business, or weekend leisure, small changes can go a long way in making every gasoline liter count. Here are seven practical tips to help improve your motorcycle’s fuel efficiency: 1. Ride Smoothly and Steadily …

The first Jetour Gaia Space, a dedicated and immersive showroom concept designed to elevate the customer experience and redefine how visitors engage with the Jetour Gaia brand, opened its doors along Epifanio de los Santos Avenue (right across Solaire North) in Brgy. Philam, Quezon City. Designed as a dedicated environment where customers can explore the brand’s newest direction through the …

GAC International Philippines gears up for the arrival of the GAC Aion UT, a battery-electric vehicle hatchback that blends head-turning style, smart technology and an unexpectedly spacious interior into one youthful and city-ready package with “big car energy.”  Designed for trend-seeking Filipino drivers who value both style and substance, the Aion UT is poised to bring fresh new energy to …