The Market Monitor Minding the Nation's Business

THE popularity of the Coolray and the Okavango in the country boosted Geely Philippines’ sales to an all-time high last month. Geely Philippines’ sold a whopping total of 1,058 units for July, surpassing its previous highest monthly sales record of 1,036 units recorded last March.  Emgrand Okavango Azkarra Sojitz G Auto Philippines (SGAP), the distributor of Geely vehicles in the …

Exclusive deals, such as cash discounts, low all-in downpayment, low monthly amortization, flexible financing options, and other special offers, awaits Honda car customers this August. The ongoing offers of Honda Cars Philippines, Inc. (HCPI) have unique deals on automobile learning programs of the Honda Safety Driving Center and even improved Honda SENSING Insurance Partnership Program with additional partners in order …

THREE brand new 2022 Toyota Fortuner will be up for grab in the grand draw of the exciting Caltex’s “Fuel Your Fortune” raffle promo that is going on until Oct. 30, 2022. Chevron Philippines Inc. (CPI), which distributes Caltex in the Philippines, announced recently the return of their raffle promo from Aug. 8 up until Oct. 30, 2022.  For every …

Isuzu Philippines Corporation (IPC), in partnership with Isuzu Isabela – one of the dealers under by B.M. Domingo Motor Sales Inc. (BMD Motors), extended aid to the displaced families in Abra province after the strong magnitude 7 earthquake. The relief operation was done with the cooperation with the Abra Provincial Disaster Risk Reduction and Management Office (PDRRMO). The IPC team, …

KIA Philippines recently inaugurated its 42nd new dealership in the country when it opened the Kia Kawit, the fifth dealership to sport Kia’s refreshed look, late last month.  Kia Kawit is located at the Centennial Road, Brgy. Batong Dalig, Kawit, Cavite. Business hours are: Mondays to Saturdays are from 8 am to 6 pm. Sundays are open from 8 am …

By Mike G. Jamisola  The National Commission on Senior Citizens (NCSC) is backing up the lifting of the civil service law on mandatory retirement age 65 years to give way to more social pension benefits for the country’s more than 11 million elderly. NCSC Chairman Atty. Franklin Quijano said the lifting of the mandatory retirement age of 65 and allowing …

When matinee idol Piolo Pascual walked into the room filled with 2022 Cinemalaya Philippine Independent Film Festival hotshots, he was the dream boy who sent a thousand and one oohs and aahs among the crowd. Piolo went to the Cultural Center of the Philippines (CCP) on a rainy Saturday afternoon to join the final deliberation for the winners of the …

What are friends for if not to reunite when one of them is gone? This was how the cast and crew of the television comedy show “Champoy” remembered the loss of their kindred colleague Cherie Gil who recently succumbed to cancer. The still active and living members of the cast who were available on the reunion were around like Tessie …

Personal remittances from Overseas Filipinos (OFs) grew by 4.4 percent year-on-year to reach US$3.1 billion in June 2022 from US$2.9 billion recorded in the same month last year. This resulted in the growth of the cumulative personal remittances by 2.8 percent to US$17.1 billion in the first half of 2022 from US$16.6 billion recorded in the comparable period in 2021. …

By Jonathan P. Gesmundo Transport Secretary Jaime J. Bautista and Chinese Ambassador Huang Xilian met August 11 at the Chinese Embassy in Makati City – their recent first official meeting – and agreed to restart negotiations for major transport projects. The two officials discussed resumption of talks for the major China-funded railway projects such as the PNR South Long-Haul Project …