The Market Monitor Minding the Nation's Business
HYUNDAI Motor Group (the Group)’s Executive Chair Euisun Chung has been honored with the MotorTrend “Person of the Year Award” after topping the MotorTrend’s esteemed 2023 Power List of 50 influential people in the global automotive industry. During the past five years, Chung has risen progressively from his first appearance on the power list at No. 12 in 2018 to …
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January, 2023
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24 January
Superb Changan 2022 sales growth
Changan Motor Philippines, Inc. (CMPI), the country’s official distributor of Changan cars, confidently opens 2023 with a 221% growth in sales – with 557 units sold in 2021 to 1,787 units in 2022. The company likewise achieved 100% of its sales target for wholesale. At the forefront of Changan Auto’s certified best-sellers are the New CS35 Plus and the Alsvin …
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23 January
RIGHTEOUS RUBY EXACTS SWEET REVENGE IN JAPAN CUP
Top favorite Righteous Ruby owned by businessman/sportsman and top notch breeder Joseph Dyhengco exacted sweet revenge on recent tormentor Shastaloo by nipping the latter just at the right moment to emerge victorious by a length in the P1-million 2023 Philracom Japan Cup held at the Metro Manila Turf Club. The rivalry between the two top imported runners in the land …
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23 January
Manila Water invests on Service Continuity projects to sustain 24/7 water supply
East Zone concessionaire Manila Water continues to invest in the rehabilitation of its existing facilities and building of new infrastructure to ensure water service continuity in its service areas in Metro Manila and Rizal Province amidst challenges in aging facilities and risks associated with natural disasters and impacts of climate change. To serve as the company’s compass in the course …
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23 January
LANDBANK, Israel Embassy explore partnership to boost PH development
To further strengthen bilateral relations between the Philippines and Israel, the Land Bank of the Philippines (LANDBANK) and the Israel Embassy explored possible areas of collaboration to advance economic development in the country. Israeli Ambassador to the Philippines Ilan Fluss paid a courtesy visit to LANDBANK President and CEO Cecilia C. Borromeo at the LANDBANK Plaza on 17 January 2023. …
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23 January
Top Coastal Bay Realty Corporation launches its first luxury residential property
Start the year right by putting your hard-earned money into a worthy and wise investment. Top Coastal Bay Realty Corporation introduced its newest residential property – Coastal Luxury Residences. The developer of this luxury condominium gave a comprehensive approach to luxury living with its seamless integration of home, leisure, work, and well-being in the construction of this residential property. Coastal …
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21 January
Converge CEO Dennis Anthony Uy stresses value of education, donates 3-hectare land to alma mater in Pampanga
Giving back to the institution that honed him to become the successful businessman he is today, Converge ICT Solutions Inc. CEO and Co-Founder Dennis Anthony Uy has donated three hectares of land to his alma mater Chevalier School in Angeles City, Pampanga, underscoring the value of education just like what his late father used to advocate for. “Chevalier, and of …
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21 January
CDC to appeal employees’ benefits, incentives to Malacañang
Clark Development Corporation (CDC) will file an appeal with Malacañang for the recognition of the allowances, benefits, and incentives (ABIs) of CDC employees which were discontinued under the new salary system approved by the Governance Commission for Government-Owned and Controlled Corporation (GCG). CDC President and CEO Atty. Agnes VST Devanadera said that the CDC management will exhaust all efforts and …
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20 January
BPI Partners with Euronet Worldwide expanding
ATM Network into Southeast Asia
The Bank of the Philippine Islands (BPI) partnered with Euronet Worldwide Inc., a leading global financial technology solutions and payments provider, for its ATM management to acknowledge the need to enhance its ATM infrastructure to better serve customers who still rely on cash. The expansion of its ATM network into Southeast Asia includes the installation of the company’s independent ATMs …
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18 January
SUZUKI HYBRID ERTIGA
SUZUKI Philippines Inc. introduced four new Ertiga Hybrid cars in an elegant fashion recently at the Blackbird of Nielsen in Makati City as it officially enters its best bets in the growing popularity of the MPV segment in the country. The Ertiga Hybrids are the first batch of hybrid vehicles that were unwrapped at this early in the market and …
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