In the early days of the new administration, President Marcos, Jr. and his cabinet are hitting the ground running. I am encouraged to see that among the top priorities are food resiliency and education. I am also encouraged by the attention to fiscal prudence. The economic team is likewise all...
GT Capital Holdings Inc., the flagship of the Ty family, is venturing into the business of providing vehicle warranty for used cars in the country through Premium Warranty Services Philippines, Inc. (PWSPI). In a disclosure to the Philippine Stock Exchange, GT Capital said PWSPI starts commercial...
The automotive industry is on a steady path to recovery. In the first seven months of 2021, combined sales of the Chamber of Automotive Manufacturers of the Philippines, Inc (CAMPI) and Association of Vehicle Importers and Distributors (AVID) totalled 162,435 vehicles. This represents a 41.5...
Last week, the Department of Trade and Industry (DTI) issued Administrative Order (AO) 21-04 dismissing the petition for general safeguard measures on the importation of motor vehicles. The AO was based on the recommendation of the Tariff Commission (TC) following their investigation of the...
The biggest and best news of the moment is the Philippines having bagged the gold medal at the Tokyo Olympics 2020. The news was delivered by our very own Olympian – Hidilyn Diaz.She beat China for the top podium finish in the 55kg category of the weightlifting competition. Indeed, the Filipino...
The world is raring to get moving again.Perhaps, it might be about time to take those measured – but sure – steps forward and start putting the wheels of motion back in gear. It has been 18 months since the COVID-19 virus first landed in the Philippines. It was our initiation to the world –...
The Philippines is known for being a fun country. The culture – an eclectic mix of Spanish, American, Japanese, Chinese and Asian – is rich in tradition. Fiestas are a common aspect of that culture, where Filipinos celebrate feast days of every kind. I like to think, though, that one of the...
In the race to defeat COVID, the key remains in the ability of the nation to achieve herd immunity. That means, vaccinating up 70 percent of the population. Unfortunately, there is still a significant portion of Filipinos that hesitate to get vaccinated. So, even as government and the private...
Last week, the National Capital Region (NCR) was greeted by news that it would be subjected to rotating brownouts. This was painful news given the oppressively high temps that Filipinos were suffering from. Not to mention the expected disruptions to work – and learn – from home routines. A more...
Finally, it appears that the vaccines are arriving in the country in the bulk needed to significantly advance our fight against Covid. As of May 18, 2021, a total of 3.3 million vaccine doses have been administered across the nation. Fifty-five percent of these are first doses. That’s a...
The struggle is real. The balancing act between lives and livelihood continues. It was unfortunate that the country had to be placed under enhanced community quarantine (ECQ) again in the first two weeks of April. Given the significant rise in the number of new COVID-19 cases, it was unavoidable....
The mobility industry is one of the pillars of the Philippine economy. It supports the livelihood of hundreds of thousands of Filipinos up and down its entire supply chain – from auto manufacturers, component part makers, importers, logistics providers, dealers, service shops, financing and...
