December, 2024

• 16 December

  Suzuki Auto Calamba now open

  

  Suzuki Philippines announced that their Suzuki Auto Calamba is now ready to accept sales inquiries and aftersales services expanding the brand’s efforts in offering top-notch vehicles as well as exceptional aftersales service. Owned and managed by ANTS Autohive Inc., Suzuki Auto Calamba has a total lot area of 1,500 sqms and it is located at Maharlika Highway, Purok 4, Brgy. …

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• 16 December

  Isuzu PUVs for Antipolo cooperative

  

  Isuzu Philippines Corporation (IPC), through its dealership, Isuzu Manila, delivered 10 brand-new Isuzu NLR77 Class 2 public utility vehicles to Lungsod Silangan Transport Service and Multi-Purpose Cooperative providing them modern, comfortable, and reliable transportation along the Cogeo-Cubao route. The cooperative now operates a total of 111 modern PUVs, solidifying its position as one of the biggest transport operators in Antipolo …

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• 16 December

  Omoda C5, E5 finally here

  

  Omoda and Jaecoo announced that the first batch of their vehicles for the Philippines market —  Omoda C5 and  E5 — will start selling this month in their Metro Manila and Cebu dealerships. The first two Omoda and Jaecoo showrooms are in Marcos Highway, Pasig City, and at G-Mall, Cebu City. The Omoda C5 and E5 arrived in the country …

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• 16 December

  BOC earns P1.8-M from forfeited goods

  

  The Bureau of Customs (BOC) at the Manila International Container Port (MICP) raised P1.8 million through a public auction of forfeited goods. In a statement last week, District Collector Rizalino Jose Torralba said the auction, held on Nov. 29, 2024, involved 13 containers from four sale lots. Items sold included sandals, inflatable pools, cylindrical hinges, sodium sulfate, fire-protective board kits, …

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• 16 December

  Micro entreps honored at Digital Financial Inclusion Awards

  

  The Bangko Sentral ng Pilipinas (BSP), Citi Foundation, and the Microfinance Council of the Philippines Inc. (MCPI) honored 16 micro-entrepreneurs and four microfinance institutions (MFIs) for their innovative use of digital solutions to transform businesses and uplift communities. At the 3rd Digital Financial Inclusion Awards (DFIA), held Friday at the BSP office in Manila, the spotlight was on micro-entrepreneurs who …

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• 16 December

  Canadian firm to operate mining exploration office in Phl

  

  Canadian mining company B2Gold Corp. has reaffirmed its commitment to invest in the Philippines during a courtesy visit to Department of Trade and Industry (DTI) Secretary Ma. Cristina Roque. Philippine Trade and Investment Center (PTIC) Toronto Trade Commissioner Mario Tani confirmed that B2Gold plans to establish an exploration office in the Philippines in 2025. “The mine site is nearing its …

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• 16 December

  Marcos admin urged to sustain investor-friendly reforms

  

  The British Chamber of Commerce of the Philippines (BCCP) has called on the Marcos administration to sustain its current policies and advance reforms to attract more foreign investments. BCCP Executive Director Chris Nelson emphasized the high interest among British firms in investing in the Philippines but noted that companies are waiting for policies that ensure a more stable business environment. …

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• 16 December

  Massive crackdown vs. fake PWD IDs set

  

  The Bureau of Internal Revenue (BIR) is set to launch a nationwide crackdown on the sale and use of fake person with disability (PWD) identification cards (IDs) following reports that this tax evasion scheme resulted in over PHP88 billion in revenue losses in 2023. BIR Commissioner Romeo Lumagui Jr. announced on Thursday that he has instructed agency officials to work …

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• 16 December

  Stronger capital market key to hitting growth target

  

  The 2024 Capital Market Review of the Philippines by the Organisation for Economic Co-operation and Development (OECD) has underscored the country’s need for stronger capital markets to achieve its growth targets. During the launching of the report at the Securities and Exchange Commission (SEC) headquarters in Makati City recently, OECD Director for Financial and Enterprise Affairs Carmine Di Noia said …

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• 16 December

  CIAC to reveal National Food Hub partner in 2025

  

  The Clark International Airport Corp. (CIAC) plans to award the National Food Hub project to a private sector partner in 2025, according to its new president and CEO, Joseph Alcazar. During a year-end media gathering, Alcazar shared that the feasibility study for the project, funded by the Asian Development Bank (ADB), will be completed by March 2025.  “Once the study …

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