October, 2024

• 7 October

  King of RIOT fires off Nov. 26

  

  The race is on for the Motul King Of RIOT, considered as the country’s premiere 4 x 4 international competition, that fires off Nov. 26 to Dec. 1 at the breath-taking Caliraya Mountain Lake Resort in Cavinti, Laguna. Now on its fourth year and organized annually by the Rizal International Off-Road Track headed by Mayor Jun Siquian, more than 150 …

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• 7 October

  MG Calamba now open

  

  MG Motor Philippines, in partnership with Ever Mile Motors, opened its MG Calamba dealership recently that will deliver a complete 3S dealership experience and combines innovation and convenience. It is located at Purok 2 Pan-Philippine Highway, Calamba, Laguna. The MG Calamba is the newest addition to the growing network of MG showrooms that underscores the brand’s commitment to providing top-tier …

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• 7 October

  Chevron renews ties with Edukasyon.ph

  

  Chevron Philippines Inc. (CPI) has renewed its partnership with Edukasyon.PH to offer training and employment assistance to underserved individuals through the AWS re/Start program. (From left to right: Jason Gaisono, Board Member at Edukasyon.ph, Sophia Isabelle C. Fontanilla, Board Member at Edukasyon.ph, Raissa Bautista, Corporate Affairs Manager CPI, and Joel Gaviola, Corporate Affairs Advisor CPI.) Chevron Philippines Inc (CPI), marketer …

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• 7 October

  Mitsubishi 1st world premiere at PIMS 2024

  

  Mitsubishi Motors Philippines Corporation (MMPC) will proudly host the world premiere of its latest concept vehicle – a 7-seater SUV concept at the highly anticipated 9th Philippine International Motor Show 2024, marking a monumental occasion for both Mitsubishi Motors Philippines and the Philippine automotive industry. The unveiling of this new 7-seater SUV concept in the Philippines underscores the brand’s dedication …

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• 7 October

  BOI reports increase in Chinese investments despite maritime dispute

  

  The Board of Investments (BOI) has reported a remarkable increase in project registrations from Chinese investors this year, despite ongoing maritime tensions between Manila and Beijing.  According to a recent announcement, the BOI approved projects totaling over P1 billion from Chinese sources between January and September 2024. This figure represents a staggering 237 percent increase compared to the same period …

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• 7 October

  DTI, SBCorp, PFA sign deal extending loan program for franchise businesses

  

  A new financing program for franchising businesses will be launched this month through the Department of Trade and Industry’s (DTI) financing arm Small Business Corporation (SBCorp). This, as the DTI, SBCorp and the Philippine Franchise Association (PFA) signed a memorandum of agreement (MOA) in Makati City Tuesday to promote micro, small and medium enterprise (MSME) development through franchising. Part of …

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• 7 October

  Creative Nation Summit highlights Phl creative industries

  

  The Department of Trade and Industry (DTI), in partnership with the National Commission for Culture and the Arts (NCCA) and the British Council, celebrated the resounding success of the Creative Nation Summit 2024.  Held at the Rizal Park Hotel from September 30 to October 01, the summit seized the potential of the Philippine creative industries to drive economic growth and …

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• 7 October

  Pag-IBIG records P28.75-B members savings in Q1 2024

  

  In the first quarter of 2024, Pag-IBIG Fund members collectively saved a record P28.75 billion, setting the highest amount ever saved in the agency’s history during a first quarter, according to top officials. This represents a 36% increase—roughly P7.66 billion more than the P21.09 billion saved during the same period in 2023. Part of the total savings collections is the …

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• 7 October

  AIIB commits support for Phl’s resilient infra projects

  

  The Asian Infrastructure Investment Bank (AIIB) has pledged to assist the Philippine government in securing more development grants aimed at promoting resilient infrastructure projects, according to the Department of Finance (DOF). In a statement released last week, the DOF noted that this commitment was made during the AIIB’s annual Board of Governors meeting, held from September 21 to 27, 2024, …

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• 7 October

  BSP South Luzon Regional Office fetes outstanding partners

  

  The Bangko Sentral ng Pilipinas (BSP) recognized nine institutional partners of its South Luzon Regional Office (SLRO) during the 2024 Outstanding BSP Stakeholders Appreciation Ceremony (OBSAC) held on September 23, 2024 in Lucena City.  BSP Deputy Governor Bernadette Romulo-Puyat thanked the awardees and said, “At the core of our partnership is a common goal: a resilient economy that improves the …

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