Blame it on high rice prices– both local and imports– Pinoys are now shifting to bread and noodles for their regular diet. The Philippines is expected to import more wheat in the 2024-2025 marketing year as the demand for various products such as bread, cakes and noodles increased along with population growth, said the US Department of Agriculture’s Foreign Agricultural …
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January, 2025
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6 January
More Successful Years
After 20 years of robust growth and successes, the Gateway Group of Companies, the country’s largest and trusted automotive dealership, is aiming to serve their rapidly expanding customers with highly-efficient and service-oriented personnel for another 20 years. This is emphasized by Michael Goho, the executive vice president of the Gateway Group of Companies, as the company embarks on another year …
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6 January
GAC Motor Phils strong 2024 sales
GAC Motor Philippines maintained its strong growth momentum throughout 2024 when the brand recorded a 79% year-on-year increase in sales, reaching 3,060 units sold compared to the same period in the previous year with 1,714 units. GAC Motor has consistently ranked among the top Chinese automotive brands in the local market this year. Its models include the GS3 Emzoom, M6 …
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6 January
Ford launches 24th Henry Ford Awards
Ford Philippines officially kicked off the 24th Henry Ford Awards (HFA), the industry’s longest-running awards program that recognizes excellence in Philippine motoring journalism by inviting motoring journalists to submit their stories, photos, and videos to the online portal that went live Jan. 6. Content that will be submitted must have been published or posted between Jan. 1 to Dec. 31 …
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6 January
Ka-Bajaj exceptional care
Bajaj Philippines held free after-care assistance to Bajaj 3-wheeler owners affected by the successive typhoons these past few months. Bajaj specialists restored the three-wheelers Naga, Legaspi, and Batangas by providing free and immediate change of oil using Bajaj genuine oil and filters, so they could get back on the road without the burden of maintenance costs. Bajaj Philippines also offered …
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6 January
Mitsubishi conducts Laguna medical mission
Mitsubishi Philippines Corporation (MMPC) recently conducted a medical mission in one of the underprivileged communities in Santa Rosa, Laguna in partnership with its healthcare provider, SSMC Group of Hospitals and Clinic, The community, situated in Sitio Hemedez, Brgy. Malitlit, consists of approximately 180 families or around 738 individuals and faces pressing challenges in accessing essential healthcare and medical services. Majority …
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6 January
Manila Water closes 2024 with completed major service improvement projects
East Zone concessionaire Manila Water ends 2024 with notable completed projects, further improving the provision of water and wastewater services for its customers. These capital expenditure projects address critical infrastructure for water security, environmental sustainability, service enhancement and upgrading especially in geographically challenged areas in Rizal, and compliance with regulatory obligations. 2024 marked the start of operations of Phase 1 …
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6 January
PhilHealth benefit for heart disease up by over fifteen-fold
As Filipinos celebrate the holiday season, the Department of Health (DOH) recently called on people to prioritize their well-being by practicing moderation in their food intake and maintaining an active lifestyle. This is particularly important given that cardio-vascular diseases, specifically ischemic heart disease (IHD), remain the leading cause of death in the Philippines. To provide expanded financial coverage associated with …
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6 January
GSIS sets aside P8.6 B emergency loan for 364K members, pensioners in Luzon
The Government Service Insurance System (GSIS) has set aside nearly P8.6 billion in emergency loans for 363,547 active members and old-age and disability pensioners affected by various typhoons. In the province of Isabela, the deadline for application is last January 4, while the deadline for application in the provinces of Ifugao and Nueva Vizcaya, and the towns of Burgos and Bautista …
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6 January
LandBank remains financially strong, regulatory compliant
LandBank reaffirms its financial strength and stability, following the bank’s P50-billion contribution to the Maharlika Investment Fund (MIF), and remains fully committed to its mandate as a reliable partner to the national government’s inclusive development agenda. The state-run bank has consistently exceeded the minimum requirements of the Bangko Sentral ng Pilipinas (BSP) for Capital Adequacy Ratio (CAR) — a critical …
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The Market Monitor Minding the Nation's Business