Tag: Philippines

Business

Lynk & Co Launches its First Showroom in the Philippines

Jun 24, 2024 by Sujata Muguda 0 Comments #Lynk & Co 01 PHEV, #Lynk & Co hosted the opening ceremony, #Lynk & Co in Southeast Asia, #Lynk & Co Launches its First Showroom, #MANILA, #Manila International Auto Show in April, #Mr. Rommel Sytin, #Philippines

MANILA, Philippines, June 24, 2024 — Lynk & Co hosted the opening ceremony of its first Lynk & Co Center in the Philippines on June 20th. Serving as a key launch step for Lynk & Co in Southeast Asia, the inaugural showroom in the Philippines is set to enhance customer experience and delivery efficiency, with models leading the way to surprise and benefit local consumers.

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Lynk & Co’s first showroom in the Philippines is located in Manila, Alabang, covering a spacious 303 sqm in the central business district of the vibrant Filinvest City community. The opening promises immediate delivery for orders placed, allowing consumers to experience Lynk & Co products at the fastest speed and enjoy efficient and attentive delivery service. Additionally, after-sales services, supported by a dedicated service bay in the center, ensure exceptional care for Lynk & Co clients in Alabang and surrounding areas.

The ceremony was graced by numerous distinguished guests, including Mr. Rommel Sytin, Chairman of UAAGI, Mr. Dexter Co, President of Auto Icon, and the honored presence of Mayor Ruffy Biazon of Muntinlupa City. Froilan Dytianquin, Group Managing Director of UAAGI, the official distributor of Lynk & Co in the Philippines, highlighted that an exceptional customer experience, showcasing the brand’s innovative approach, awaits the upwardly mobile in this vibrant region. In the competitive Filipino automotive market, Lynk & Co leverages global expertise, outstanding design, and advanced technology to offer high-quality products and lifestyles for innovative local consumers.

Since its impressive debut at the Manila International Auto Show in April, Lynk & Co has officially made the highly acclaimed Lynk & Co 01 PHEV, Lynk & Co 05, and Lynk & Co 06 models accessible choices for Filipino consumers. Among them, the distinctive B-segment SUV Lynk & Co 06 stands out with its edgy, sporty design, inheriting the unique Mega-city Contrast concept with a bold appearance and eye-catching interior. The classic Lynk & Co 01 PHEV and the stylish Lynk & Co 05, both of which have stood the test of time, are also enjoying strong sales in the Philippines.

As part of its global expansion strategy this year, Lynk & Co is committed to making steady progress worldwide while also vigorously establishing a solid foothold in the Philippines. With the successful inauguration of its first outlet in the Philippines as a starting point, Lynk & Co intends to establish eight new outlets throughout the country by year’s end, further strengthening its service network and delivering an unparalleled product experience to fuel the ongoing growth of the Philippine automotive market.

News

Exciting Promotions for 6.6 Bigating Birthday Sale

Jun 10, 2024 by Sujata Muguda 0 Comments #COSRX, #Exciting Promotions for 6.6 Bigating Birthday Sale, #MANILA, #Philippines, #Skincare brand among dermatologists, #The 6.6 Bigating Birthday Sale

MANILA, Philippines, June 10, 2024  — The go-to skincare brand among dermatologists, COSRX, is thrilled to announce the upcoming campaign, the 6.6 Bigating Birthday Sale, running from June 2nd to 6th. Fantastic promotions have been lined up, including:

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Store-wide Discount: Up to 60% OFF on COSRX products.
Special Livestream Discounts: Up to 60% OFF during livestream events.
Exclusive Offer: Buy any Best Seller product and receive a Low pH Good Morning Gel Cleanser (20ml) for free.
Newly Launched Product Discount: The Ultra-Light Invisible Sunscreen SPF50 PA++++ 40% OFF

Newly Launched The Ultra-Light Invisible Sunscreen SPF50 PA++++ is on Sale

Say goodbye to old-school sunscreens with their dreaded white cast and greasy textures. The Ultra-Light Invisible Sunscreen SPF50 PA++++ features a sheer and transparent formula designed to absorb quickly without leaving any white cast, providing a refreshing finish while delivering essential sun protection. The transparent formula allows for seamless layering, ensuring no white cast even with multiple applications, even on darker skin tones. Ideal for all season outdoor activities, it can also be applied to the body without leaving a greasy residue, ensuring optimal comfort and protection.

Formulated with a blend of 66.4% Aloe Barbadensis Leaf Water and Hamamelis Virginiana Leaf Water, the Ultra-Light Invisible Sunscreen SPF50 PA++++ offers intense hydration without the sticky sensation commonly found in sun protection products. The combination of the two plant-based extracts also work to protect, hydrate and soothe the skin from symptoms such as dryness and redness caused by UV exposure, making it the perfect all in one sun and skincare product that protects against UV rays while offering simultaneous care for healthy skin.

Delivering superior defense against harmful UV rays without causing any irritation, this sunscreen boasts remarkable blocking power with its transparent application. Rigorously tested in accordance with ISO (International Organization for Standardization) standards, it has undergone extensive UV blocking assessments, ensuring both reliability and effectiveness with a clinically verified SPF 50+ count and protection against UVA & UVB rays.

Business

Unified Strategy: SINOTRUK & SHACMAN Target Philippine Market

Apr 5, 2024 by Sujata Muguda 0 Comments #Hong Kong, #Philippines, #SINOTRUK, #SINOTRUK & SHACMAN Target Philippine Market, #SINOTRUK and SHACMAN, #Tan Xuguang presided

HONG KONG, April 5, 2024  –– On April 4-5, Tan Xuguang presided over a symposium in Hong Kong for Philippine dealers of SINOTRUK and SHACMAN. The purpose of the symposium was to foster deep exchanges with 11 strategic core dealers, gain a thorough understanding of the frontline market, products, services, and policies, and address customers’ product quality concerns on the spot.

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Tan Xugang said that the Philippines holds significant strategic importance as a market for the Group’s heavy trucks, SINOTRUK and SHACMAN have built a leading competitive advantage. Both SINOTRUK and SHACMAN are committed to further enhancing comprehensive cooperation, establishing systematic linkage, and efficient coordination with dealers, particularly in leading the industry with high-end products. The focus is on establishing a robust service system, improving brand integration, and enhancing the competitiveness of the entire supply chain. Additionally, efforts are being made to expand cooperation in light trucks, pickup trucks, and the aftermarket business.

During the symposium, strategic dealers of SINOTRUK and SHACMAN delivered speeches, and the heads of relevant businesses from SINOTRUK, SHACMAN, and Weichai Power were in attendance.

Business World

HDFC Bank is numero uno in Indian Financial Sector: Asiamoney Poll

Nov 5, 2020 by Gouri Achary 0 Comments #China, #HDFC Bank, #Hong Kong, #India, #Indonesia, #Korea, #Malaysia, #Most Outstanding Company, #Mr. Srinivasan Vaidyanathan, #Pakistan, #Philippines, #Singapore, #Taiwan, #Thailand, #Vietnam

HDFC Bank Ltd. has been voted ‘Most Outstanding Company – Financial Sector’ in India, in a poll conducted by the well-known publication Asiamoney. Over 824 fund managers, buy-side analysts, bankers and research analysts voted across 12 markets in Asia.

More than 4,000 votes were received for publicly listed companies. Asiamoney asks participants in the poll to consider the company’s overall performance including its financials, management team, IR activities and CSR initiatives.

Known as Asia’s Outstanding Companies Poll, it aims to identify and recognise listed companies in 2 categories: by country and by sector. HDFC Bank has bagged this honour for the 2nd consecutive year.

The 12 markets covered were China, Hong Kong, India, Indonesia, Korea, Malaysia, Pakistan, Philippines, Singapore, Taiwan, Thailand and Vietnam.

Business World

Over 50% of internet users in Asia will be using digital financial services by 2025

Oct 31, 2020 by Neel Achary 0 Comments #Cambodia, #Digital Financial Services, #India, #Indonesia, #Internet Users, #Philippines, #Southeast Asia, #Sri Lanka, #Thailand, #Unafinancial, #Vietnam
Analysts of the international fintech holding UnaFinancial revealed that more than half of internet users in the developing countries in South and Southeast Asia will be using digital financial services by 2025. Besides, by 2027 even digitally underdeveloped countries in the region will provide access to the Internet and digital technologies to 85% of the population.
The research considered the penetration of digital financial services in Cambodia, India, Indonesia, Laos, Myanmar, the Philippines, Sri-Lanka, Thailand, and Vietnam.
As the development of online financial services largely depends on access to the Internet, the analysts made a forecast of the maximum Internet penetration for each country first. This level can be as high as 81-85% depending on the age structure of the population.
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Taking into account the Internet penetration rate of the previous years, as well as the government measures towards digitalization and the impact of Covid-19, the analysts have predicted that Thailand, Vietnam, Indonesia, Philippines, Cambodia, India, and Sri Lanka will reach the maximum possible Internet penetration of 81-85% by 2025. The two remaining countries, Laos and Myanmar, will reach this level in 2027.
Given the year of the maximum Internet level for each country, the experts estimated the penetration of digital financial services. The forecast considered the share of the population having online financial accounts and the increase of financial inclusion during the previous years.
It revealed that in most countries, more than 50% of internet users will be using digital financial services by 2025-2027. In India, Thailand, the Philippines, and Indonesia the level of financial services penetration will be especially high – from 62% to 69%. Meanwhile, in Cambodia, Laos, and Myanmar it will be relatively low. In these countries, the development of online financial services can be faster if the government takes a combined approach to develop financial technologies in terms of the legal framework and increase of digital and financial literacy.