The Market Monitor Minding the Nation's Business

The Geely  GX3 Pro is finally introduced to the local market and is now targeting the young generation of car enthusiasts who wanted to experience a subcompact crossover SUV that is full-packed with cutting edge features.   “This model holds a strategic significance for Geely as it aims to capture an entirely new customer base particularly Gen Z. With its …

Mitsubishi Motors Philippines Corporation (MMPC) celebrated its 60th year as one of the leading automotive company in the Philippines with a grand expo last week at the World Trade Center in Pasay City. Top Mitsubishi officials from the Philippines and Japan welcomed various political and business personalities and other VIPs during the opening ceremonies at the said venue. A plethora …

The search for a major electric vehicle (EV)manufacturer that can supply its need for its fast-growing “future-of-mobility ecosystem” is finally over for Ayala Corporation as it finalized a deal to be the official Philippine distributor of BYD, the world leader in hybrid and pure electric vehicles. Ayala has been prioritizing the electric mobility vehicles as the enabler of Ayala’s ecosystem. …

A whopping 186 brand-new Hino 200 Series Rescue trucks have been delivered recently to the Batangas provincial government for its ongoing efforts to strengthen disaster preparedness and ensure the safety and well-being of its residents. The contract was successfully closed by Hino Batangas with the valuable support of Hino Motors Philippines Corporation and the ceremonial contract signing was held at …

Jetour Philippines is making a big progress in the local automotive industry as this was highlighted during its first 100 days celebration with a gathering of VIP guests, dealers, and media partners recently at the Arcana in San Juan City. Since it started more than three months ago, Jetour Auto Philippines, Inc. (JAP) has already sold more than 300 vehicles …

Autobot Offroad Philippines, the premier modification, accessories and maintenance shop for 4×4, off-road, and overlanding vehicles in the country, celebrated its 16th anniversary with the inauguration of its multi-bay service shop inside the Autobot Offroad HQ+ at No. 77 Road 20, Barangay Bahay Toro. The Autobot Service Center offers periodic maintenance service, oil change and tune-up, wheel balancing, camber and …

SM Supermalls and the Department of the Interior and Local Government (DILG), led by SM Supermalls’ Senior Vice President for Operations Engr. Bien Mateo and DILG Secretary Benjamin “Benhur” Abalos, Jr. launched the screening of DILG’s ‘Buhay Ingatan, Droga’y Ayawan’ (BIDA) anti-drug advertisements in SM Cinema. The event was held last August 12, 2023, at the SM Megamall Director’s Club. SM Supermalls’ Senior Vice …

A real actor is also measured by his award-winning screen performances in world cinema. That’s precisely how Filipino actor John Lloyd Cruz is gauged in his total involvement in every acting masterpiece he essays. The recent showing of John Lloyd’s thespic talent was written once more in the history of international film art when he was proclaimed Best Actor at …

On Sunday, 13 August 2023, Department of Trade and Industry (DTI) Secretary Fred Pascual led the launching of the One Ilocos Sur One Town-One Product (OTOP) Hub at the sidelines of his trip in Ilocos to attend the Post-SONA Philippine Economic Briefing (PEB). In his speech, Secretary Pascual emphasized, “As the backbone of our economy, micro, small, and medium enterprises …

Enrique K. Razon, ICTSI Chairman and President said: “ICTSI’s diversified portfolio, operational discipline and the determined focus from our fantastic team around the world has enabled us to deliver another strong financial performance.” “We have a robust balance sheet and a highly cash generative business which looking ahead, will enable us to continue our strong track record of investing in …