Despite the safeguard measure, Isuzu Philippines Corp. (IPC) has set a bullish 15 percent market share this year for its All-New D-MAX, almost doubling the current 8 percent market share. IPC Vice-President for Sales, Yasuhiko Oyama announced the digital debut of the imported completely built-up...
AyalaLand Logistics Holdings Corp. (ALLHC) reported a 10 percent growth in net income to P702 million last year from P641 million in 2019 as operations of its industrial estates, logistics and office facilities continued amid the pandemic. In a disclosure to the Philippine Stock Exchange, ALLHC...
Eight firms under the SM group of companies received Golden Arrow Awards from the Institute of Corporate Directors (ICD) for performing well in the ASEAN Corporate Governance Scorecard (ACGS). In a statement, the conglomerate said this is an assessment benchmarked against international best...
Cavitex Infrastructure Corporation (CIC) is doing double time early this year to complete new segments of the P15.3 Billion, 7.7 kilometer Manila-Cavite Expressway (Cavitex) C-5 Link Expressway by second quarter, 2022. "We are doubling our efforts on the construction of Segment 2 and Segment 3A-2...
The Department of Trade and Industry through the Board of Investments (BOI) is exploring a P7-billion investment lead purportedly for a vaccine production project in the Philippines between a local pharma distributor company and LG, a leading Korean chaebol engaged largely in the electronics...
Smart Communications, Inc. (Smart) launched its 5G roaming service in South Korea in partnership with KT Corp., Korea's largest telecommunications company. This year, as the world prepares to ease travel restrictions amid the worldwide vaccine rollout, Smart plans to launch more 5G roaming...
Ayala Corporation Chairman and CEO Jaime Augusto Zobel de Ayala has been welcomed into the Council for Inclusive Capitalism by the Vatican and the global non-profit coalition of business and public sector leaders. The council is working to build a “more trusted, fair, responsible, dynamic, and...
Seven members of the SM Group of Companies, led by flagship SM Investments Corporation (SMIC), clinched 10 awards for their high scores in the recently concluded 2019 ASEAN Corporate Governance Scorecard (ACGS) assessments. For the 2019 ACGS Assessment, three award categories were recognized:...
The Department of Agriculture (DA) has endorsed Subic Bay International Terminal Corp. (SBITC) as a discharge port for containers of imported livestock and raw materials due to its world-class quality of service and strategic location. The terminal "ensures unimpeded trade for the livestock...
Plans also include new dealerships and perhaps a new K-pop partnership Written by Eric Tipan As the brand introduced a new slogan early this year, Kia Philippines used its ‘power to surprise’ and revealed big plans to drive them to their two main goals in 2021, double market share and...
Swedish motorcycle brand, Husqvarna, is now back in the Philippines. The unique brand, founded in 1903, is known for its eccentric style. This 2021, it returns with fresh optimism for 2021 under its new distributor, Adventure Cycle Philippines, Inc. (ACPI), known for its Austrian motorcycle brand,...
The National Privacy Commission (NPC) has ordered Familyhan Credit Corp. to immediately stop processing the personal data of more than 6,000 borrowers following an investigation of complaints that the online lender has put at risk the privacy of the data subjects in violation of the Data Privacy...
