The highly anticipated Hatasu Aya is now in the market ith its chic, retro-inspired design and a starting price of P36,990 with a free helmet worth P899 that is ready to turn heads and elevate your daily ride. Hatasu, a local ebike brand known for their value-for-money and sustainable riding solutions, boasts its Hatasu Aya perfectly combines aesthetic design, optimized …
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PeekUp, the newest and ride-hailing app in the metropolis launched last April, tied-up with MG Malabon to introduce 120 electric vehicles in its booming lineup of vehicles now plying the roads of Metro Manila and outlying provinces. Dave Almarinez, founder and CEO of A Force Ventures Inc. which oversees the homegrown PeekUp app, signed a memorandum of understanding MG Malabon …
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Grab Philippines and Move It distributed relief packages to over 1,000 families in Cavite and Laguna that were badly hit by tropical storm Kristine and each is filled with essential items like rice, canned goods, and bathroom supplies. The leading superapp and homegrown moto-taxi platform also have comprehensive calamity-assistance programs to driver- and delivery-partners severely affected by the recent calamity …
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Lynk & Co celebrated its 8th anniversary by achieving noteworthy results and gained the support and love of more than 1.24 million users worldwide to become a unique brand with global character, motorsport pedigree, and social attributes that dare to change the automotive industry. The brand was launched in 2016 in Berlin, Germany. As a joint venture co-founded by Geely …
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Lotus Technology Inc., a leading global intelligent and luxury mobility provider, has been bestowed with the Highly Commends honor at the Reuters Sustainability Awards 2024 in the Business Transformation category. It beats 700 global entrants this year — 30 winners were selected across 17 categories — with Lotus Tech as the sole winner from the automotive industry. The Reuters Sustainability …
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The Philippine Amusement and Gaming Corporation (PAGCOR) achieved a revenue surge in the first nine months of the year, reaching P79.43 billion, a 42% increase from last year’s P55.95 billion. PAGCOR Chairman and CEO Alejandro Tengco attributed this growth largely to the electronic games sector. “The electronic games sector alone contributed P28.22 billion or 35.52 percent to the gaming revenue …
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Since its establishment in April, the Department of Trade and Industry’s (DTI) Task Force Kalasag (TFK) has seized 872,652 units of substandard goods valued at P297.9 million. The seized products were deemed substandard due to missing markings required by the Bureau of Philippine Standards (BPS) and insufficient product information. Confiscated items included household appliances, ceramic tiles, sanitary wares, steel wires, …
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Foreign direct investment (FDI) net inflows to the Philippines totaled USD1.03 billion in September, according to data released by the Bangko Sentral ng Pilipinas (BSP) on Thursday. The September net inflows surged by over 92 percent, or USD491.82 million higher from the previous month, up from August’s USD533.95 million. “The US$1,025.77 million net inflows for September 2024 are a reversal …
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Oil prices continued to climb on Friday following news reports that Iran is preparing to strike Israel in a few days. The international oil benchmark of Brent crude increased by 0.55 percent to USD74.43 per barrel at 11.09 a.m. local time (0809 GMT), up from the previous session’s close of USD74.02. The US benchmark West Texas Intermediate also rose by …
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The Philippine National Bank (PSE: PNB) posted a consolidated net income of P15.1 billion for the first nine months of 2024, 12 percent higher compared to its earnings for the same period last year at the back of robust growth in net interest income. Comprising 83 percent of total operating income, the Bank’s net interest income increased by 10 percent …
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The Market Monitor Minding the Nation's Business