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Philippines agrees to streamline approvals for key Chinese-funded projects

THE GOVERNMENT’S top economic and infrastructure officials met with their Chinese counterparts over the weekend, agreeing to do away with unnecessary procedures that may delay the roll-out of their Official Development Assistance (ODA)-funded infrastructure projects.

The Chinese delegation is headed by Commerce Minister Zhong Shan, and the officials reviewed the progress of the “first basket” of China-backed infrastructure projects.

These projects includes the P2.7 billion Chico River Pump Irrigation Project, the P10.86 billion New Centennial Water Source-Kaliwa Dam Project, and the P151.3 billion North-South Railway Project (NSRP) South Commuter Line.

The review also covered two Pasig river bridges — the P4.607 billion Binondo-Intramuros and P1.376 billion Estrella-Pantaleon bridge.

According to Finance Secretary Carlos G. Dominguez III both sides have agreed to fast-track the implementation of the projects by waiving certain approvals from the National Economic and Development Authority Board.

“We have streamlined our procedure so that we don’t take so long anymore. For example, before… you approve the projects, then another board meeting is needed to confirm (the project). We said, why do you have to do that, it’s already approved,” Mr. Dominguez said yesterday on the fast-tracking of the projects.

“So now, it’s approved and confirmed immediately.  So right away that’s already two months down, then there are other things they do,” added Mr. Dominguez.

This was the fourth meeting of both side to discuss these infrastructure projects, with the previous one held mid-March.

“It is the first time in the history between our two countries that we are working this close and fast together,” said Mr. Dominguez.

A similar meeting was conducted with the Japanese early July, with the same goal of expediting the implementation of projects.

According to Socioeconomic Planning Secretary Ernesto M. Pernia, the two sides set “definite deadlines for specific project stages.”

He noted that some of the projects will start this year, while some will begin later. 

Mr. Zhong said: “The Ministry of Commerce will spare no effort to accelerate the construction of all these key projects, and it is our sincere hope these projects can be started at an early date and will be completed at an early date.”

Apart from Mr. Dominguez and Mr. Pernia, members of the Philippine Delegation included Budget Secretary Benjamin E. Diokno, Public Works and Highways Secretary Mark A. Villar, Transportation Secretary Arthur P. Tugade, and Bases Conversion and Development Authority President Vince B. Dizon.

Mr. Villar meanwhile said that his office and other agencies are undertaking necessary preparations to meet the target of holding the groundbreaking rites for the two bridge projects by November, in time for the visit to Manila of Chinese Premier Li Keqiang to attend the 20th ASEAN-China Summit.

The Chinese delegation also firmed up Beijing’s P15-million aid pledge for Marawi rehabilitation, as well as $3 million in heavy equipment. It also reaffirmed the $1 million aid for the quake-hit province of Surigao del Norte.

The Chinese delegation included Chinese Ambassador to Manila Zhao Jianhua, Commerce Vice-Minister Wang Shouwen and other key officials of the China Ministry of Commerce and Ministry of Foreign Affairs. — Elijah Joseph C. Tubayan

Supreme Court OK with plea bargains for drug cases

COURT BACKLOGS may soon be eased somewhat with the Supreme Court’s move to allow plea bargaining for cases related to illegal drugs. The high court has declared as unconstitutional Section 23 of the Dangerous Drugs Act of 2002, which states that any person so charged “regardless of the imposable penalty shall not be allowed to avail of the provision on plea bargaining.” The Supreme Court took the position that provision is at odds with its rule-making authority as provided for in the Constitution, it has inherent powers to “review, revise, reverse, modify, or affirm on appeal or certiorari, as the law or the Rules of Court may provide, final judgments and orders of lower courts.” In the case of drug suspects, if the courts approve of a plea bargain, the case won’t have to run its full course. The Philippine National Police has acknowledged that a big part of the congestion in jails is due to the backlogs in the courts, especially with the spike in arrests with the ongoing war on drugs. — interaksyon.com

Porsche’s wagon to soon arrive in the Philippines

PORSCHE earlier this year expanded the second-generation Panamera line with the release of a version with a wagon rear, and this car is set to soon follow its sedan sibling’s arrival in the Philippines.

Called Panamera Sport Turismo, the car combines an output of up to 550hp with the advantages allowed by a wagon, namely a large tailgate that opens up to a huge luggage compartment. And marking a first in a Panamera is a 4+1 seating arrangement, which only makes the car more useful for daily, real-world driving.

HIGH TECH, USEFUL DESIGN
Porsche said the Sport Turismo is fitted with all the technological and design innovations that were introduced in the second-gen Panamera. Included in the list are the digital Porsche Advanced Cockpit, Porsche InnoDrive assistance system that counts in adaptive cruise control, rear axle steering, Porsche Dynamic Chassis Control with electronic roll stabilization, and range of powerful engines. In whatever variant, the Sport Turismo comes with Porsche Traction Management, an active all-wheel drive system with an electronically controlled multi-plate clutch. Adaptive air suspension is reserved for the S variant.

Porsche’s wagon to soon arrive in the Philippines

While the Sport Turismo shares the Panamera sedan’s dimensions — 5,049 millimeters long, 1,428 millimeters high and 1,937 millimeters wide — and wheelbase of 2,950 millimeters, its roof and greenhouse extend farther back, dropping “less dramatically,” as Porsche said, compared against the “coupe-like” rear of the four-door car.

An innovation unique to the Sport Turismo is an adaptive spoiler. Placed in the rear on top of the roof, the spoiler is can be set in three angles, depending on the driving situation and selected vehicle setting. At speeds below 170kph, the spoiler is set at an angle of seven degrees to cut drag and aid fuel consumption. At 170kph and faster, the spoiler rises a degree more to increase high-speed stability.

Meanwhile, the Sport Turismo’s wagon boot means it offers 20 liters more of cargo space than what the sedan can muster, and 50 liters more if the rear seats are folded down. The rear seats split 40/20/40 and are unlocked electrically from the luggage compartment, making the car even more versatile.

Have the courts been displaced by the Senate and social media?

Time was, whenever a major corruption scandal or a heinous crime exploded in the public sphere, old timers like myself followed the developments in the courts of law, as reported by the newspapers. While the wheels of justice moved excruciatingly slowly, they did manage to move. Eventually, decisions would be reached, appealed to higher courts, and finally decided on by the Supreme Court. Whether or not real justice was meted out, depended on the perspective of the protagonists. But some kind of resolution was arrived at for each major scandal or crime.

Those were the years when the Philippines Free Press, with columnists like Teodoro M. Locsin and Leon O. Ty, commented sagely on the burning issues of the day. Of course, those burning issues, such as the gold-plated arinola (bedpan) and the expensive bed of the Malacañang resident, would be equivalent to a lighted matchstick, compared to the multibillion-peso conflagrations of today. But the citizens were appropriately horrified or scandalized back then, and the culprits became pariahs in the eyes of the public.

When Senate President Jose Avelino made the classic quotable, “What are we in power for?” his words literally hounded him to the end of his days and well past his demise. And when President Ramon Magsaysay declared that “those who had less in life would have more in law,” people believed him — as he himself believed in his dictum, no matter that it seemed questionable in the context of “equal justice for all.”

What about the present?

These days, a major corruption scandal or a heinous crime is “tried” in the Senate by some committee or other, chaired by the incarnation of three monkeys who see no evil, speak no evil, and hear no evil. Of course, such inquiries are also sometimes chaired by the incarnation of the boy who cried wolf and his associate, Sheer-luck Holmes, mistaking suspicion and hunches for facts and circumstantial evidence.

It may be small comfort (or consuelo de bobo) that the current Senate “trials” involve truly massive scandals and truly horrific crimes. The P6.4-billion smuggling caper, involving drugs, does qualify as historic, and the killing of teenagers by the police on mere suspicion, does deserve a place in the annals of heinous crimes.

In recent years, the Senate has been known to conduct “serious” inquiries on sex videos featuring popular personalities. And only a few months ago, the House of Representatives conducted a hearing at which the sexual activities of a lady Senator were the prime focus. The questions asked by the lascivious congressmen had nothing to do with the allegations of criminal conduct of which the lady senator was accused.

There appears to be no sense of shame — or at least embarrassment — among the members of the legislature for their dishonorable actuations. It can only be hoped that their descendants will at least suffer the shame and embarrassment that should have caused these legislators to commit hara kiri (if they were Japanese).

But then, what can we expect from an officialdom that flaunts immorality and rationalizes killings based on mere suspicion? The President of the Philippines and the Speaker of the House of Representatives have shamelessly admitted — nay, even boasted about — having mistresses and multiple wives and girlfriends. The President has also publicly offered protection for police officers accused of cold-bloodedly killing suspects already in custody. And the quotable quotes of the day no longer resonate with nobility (“Ask not what your country can do for you but what you can do for your country”) but are laced with vulgarity and drip with gutter language.

Against this environment, the monumental scandals and crimes are no longer argued in the courts of law but in social media, aside from the parodies pretending to be Senate inquiries.

And what about the courts?

It appears that even the magistrates in the Court of Appeals and the Supreme Court have been forced to hold their tongue lest they be threatened with impeachment by a power-mad legislature. Only recently, the Speaker threatened to “abolish” the Court of Appeals, because of imagined resistance to his distorted perception of right and wrong.

The distorted perception of right and wrong is also clearly manifested in the exchanges in social media. Self-righteous defenders of one side or other of an issue have no qualms about concocting creative insults in bold and colored types on Facebook. And they do not do this once or twice but in unrelenting fashion, everyday.

But the most alarming aspect of all is how those in the social media gallery cheer on the protagonists while contributing their own clever innuendoes.

Is justice ever served?

In a recent instance, the barrage of social media attacks and lascivious legislative questioning resulted in the arrest and incarceration of a lady senator. One wonders if the courts will eventually have a say in the fate of Sen. Leila de Lima.

Will the Chief Justice of the Supreme Court risk impeachment and look into her case? Or will she worry that she might suffer the same fate as Chief Justice Renato Corona?

It seems to me that the only recourse that De Lima has is to wait out the term of President Rodrigo Duterte and hope that her political allies wrest back power.

Of course, even if this were to happen, we cannot reasonably expect an improvement in the poisoned environment characterized by a thirst for vengeance (Sen. Gringo Honasan referred to it as the vicious culture of “resbak,” which he vowed to change if he were elected vice-president, which did not happen). Cory Aquino sought vengeance against the Marcoses. Gloria Macapagal-Arroyo had Erap Estrada kept in “hospital arrest” — a fate that she herself suffered when Noynoy Aquino assumed the presidency. And now, Aquino also faces a similar fate depending on the whim of Duterte.

If an opposition candidate wins the next presidency, perhaps he or she will “make resbak” against Duterte. And on. And on. And on. In the tradition of lex taliones.

In all of these, we have not heard from the courts.

A sword of Damocles continues to hang over the head of the Chief Justice and the magistrates in the Court of Appeals. And the lower courts continue to adjudicate the less sensational, less entertaining cases, in order to earn their pay.

The Senate inquiries will continue for as long as streaming video and live television compete with TV soap operas and noontime shows for viewership. The senators conducting the inquiries know that they are gaining TV exposure worth millions, even if they, at times, look like a bunch of bad comedians. At least, they gain promotional mileage and a measure of satisfaction.

One wonders — do the vicious purveyors of social media slander really find spiritual or even intellectual satisfaction in what they do?

Greg B. Macabenta is an advertising and communications man shuttling between San Francisco and Manila and providing unique insights on issues from both perspectives.

gregmacabenta@hotmail.com

Watson a good fit for grand slam seeking SMB

IN ALL the tournaments he played for, Terrence Watson has been regarded as a proven winner.

He has led his team, Hapoel Kafar Saba to a championship appearance while averaging 16 points and 10.7 rebounds per game before he was tapped by the grand slam seeking San Miguel Beermen to become their third reinforcement in the PBA Governors’ Cup.

His winning pedigree is one of the reasons why he was recruited by the Beermen in quest for the triple crown and on Sunday, he showed his potential by finishing with 28 points and 17 boards.

“He’s a big help. He’s a big factor. His impact in the game showed against Ginebra and that’s because he wasn’t scouted well,” San Miguel Beer coach Leo Austria told BusinessWorld.

Mr. Watson had to prepare for three days, but the adjustment period wasn’t much of a problem as the Beermen have a loaded all-Filipino lineup.

But if there’s one thing noticeable on Mr. Watson, it is his unusual wingspan, which could help them up front while going up against bigger players, most notably Greg Slaughter.

“Despite his size, I think he could match up against a seven-foot player like Greg Slaughter. His wingspan is long, taller than his height and longer than Yancy de Ocampo. I’m happy for him. In his first game, he played well,” added Mr. Austria.

“He’s also a proven winner. Every tournament he participated in, the least finish he had is semifinals. He just led his team to the finals in Israel.”

Mr. Watson is coming in a critical condition as the Beermen are now in deep hunt to make a playoff push. At 5-3, the Beermen are tied in fourth to fifth spots with the TNT KaTropa. They’ve been in an unfamiliar territory and the new reinforcement knows he has a big role in helping the squad in reaching their ambitious goal.

A lot of pressure now rest on the shoulders of the ex-Ball State standout.

“For eight years, I’ve been playing professional basketball overseas and the pressure of winning a championship is something I’ve been dealing with. Players get cut off each time they don’t deliver and I know it. But I love the dealing the pressure of winning a championship,” added Mr. Watson. — Rey Joble

ABS-CBN opens cinemas in Cavite

TWO CINEMAS managed by ABS-CBN Corp. opened at the CityMall Anabu-Imus branch in Cavite, as part of the media and entertainment giant’s partnership with CityMall Commercial Centers, Inc. (CMCCI).

In a statement on Tuesday, ABS-CBN said under the agreement signed last year, it will manage the booking and the food and beverage operations, while CityMall will provide the cinema infrastructure.

The two cinemas at CityMall Anabu-Imus have seating capacities of 98 and 73 respectively.

The opening of the mini-movie theaters was attended by CMCCI Director and Co-Chairman Tony Tan Caktiong, CMCCI Chief Executive Officer and Co-Chairman Edgar “Injap” J. Sia II, CMCCI Chief Operating Officer Ferdinand J. Sia, and Star Creatives Chief Operating Officer Malou Santos.

In December, CMCCI, a unit of DoubleDragon Properties Corp., inked a deal for ABS-CBN to manage the cinemas at its community malls throughout the country.

The partnership marked the foray of ABS-CBN into cinema management. As booking agent, ABS-CBN will determine what movies to screen and include a regular screening of film productions by subsidiary Star Cinema.

Aside from Anabu-Imus branch, ABS-CBN-managed cinemas will also open in CityMalls located in Tagum City-Davao, Victorias City-Negros, Cotabato City, Bulua-Cagayan de Oro City, Koronodal City, Consolacion-Cebu, Mandalagan, Bacolod City, Sta. Rosa-Nueva Ecija and Dumaguete City.

By 2020, the 100 CityMalls will be home to 200 screens, making it the second largest cinema operator in the country. — P.P.C. Marcelo

BPI, WorldRemit sign deal to improve money transfers

BANK of the Philippine Islands (BPI) has partnered with London-based firm WorldRemit to fast-track remittance transactions, with the country standing as the biggest market for the financial service provider.

In a statement, BPI announced its deal with the digital money transfer service from the United Kingdom, which would improve access to funds for overseas Filipino workers (OFWs) and their families.

WorldRemit pursued the tie-up with the Ayala-led bank as it saw that money transfers to the Philippines accounted for over a fifth of their monthly transaction volumes, making it the “largest receive market” globally. WorldRemit said 160,000 of the average 700,000 remittances they process each month are bound for the Philippines.

Over the last six years, WorldRemit customers sent 4.5 million money transfers to Manila.

WorldRemit leverages on financial technology to facilitate fund transfers through payment messages made by its users through its Web and mobile app platforms.

The money is then sent either as mobile money, bank deposit, an airtime top-up, or may be picked up as cash from accredited outlets.

“Filipinos in the diaspora will now be able to make secure, instant money transfers from the ease of their phones or personal computers directly to loved ones back home, further supporting the transition from costly offline remittances sent from bricks and mortar agents to safer, faster and lower cost online transfer method,” WorldRemit chief executive officer and founder Ismail Ahmed was quoted as saying.

On the other hand, BPI vice- president and head of inward remittance Melinda V. Dulay said the partnership would allow the local lender to further expand their fund transfer services to more Filipinos abroad.

Money sent home by OFWs reached $13.813 billion as of end-June, according to central bank data, 4.7% higher than the $13.192 billion recorded during the same six-month period in 2016.

About 98% of remittances received by OFW families are used to buy food and household needs, according to results of the third quarter consumer expectations survey of the Bangko Sentral ng Pilipinas (BSP).

Remittance inflows as well as business process outsourcing revenues have constantly been cited as key drivers of domestic private consumption, which in turn supports overall economic growth.

The BSP expects remittances to hit a fresh record high at $28 billion this year, up by 4% from last year’s $26.9 billion. — Melissa Luz T. Lopez

Agro-industrial ecozone eyed in Passi City, Barotac Nuevo

THE 4TH District of Iloilo province is being positioned to become an agro-industrial hub, with Passi City and the town of Barotac Nuevo as the main processing areas. The district’s congressional representative, Ferjenel G. Biron, said potential locators already have pending applications with the Philippine Economic Zone Authority (PEZA). “We are eyeing locators for processing of fruits or other agricultural products (in Passi),” said Mr. Biron, chair of the House committee on trade and industry. Barotac Nuevo, on the other hand, is being eyed for processing of fish and other aquatic products. Mr. Biron said there is also a proposal in Congress for the town of Dumangas, where Iloilo’s biggest port is located, to be the main gateway of Iloilo province. “I talked with the Department of Transportation and they consider Dumangas as the main gateway of Iloilo instead of Iloilo City,” he said. PEZA is looking into an available area for logistics or warehousing zone within the Dumangas Port. Aside from Passi, Barotac Nuevo, and Dumangas, the 4th District is composed of the towns of Anilao, Banate, Dingle, Dueñas, San Enrique. — Louine Hope U. Conserva

Lecture looks at the effect of disease on military occupation

THE Lopez Museum and Library will hold the second lecture of its Off the Pages Lecture Series. The lecture, “Inhabit,” which discusses the impact of infectious diseases in military operations during the Philippine American War (1899-1902), will be held on Sept. 16, 2 p.m.-4 p.m., at the Lopez Museum and Library.

During the US colonization period in the Philippines, infectious diseases became commonplace within military regiments when conducting tours within tropical countries. And in attempting to control the epidemic, quarantine came surveillance. What else came at the expense of public health? Prof. David Lozada discusses the impact of infectious diseases on military operations during the Philippine American War.

There is a registration fee for the lecture: P115 for students, teachers, senior citizens, and LML Members; and P135 for adults. To register, e-mail programs@lopezlibrary.org.ph, or call 631-2417. For additional information about the upcoming exhibitions, or for queries, e-mail programs@lopezmuseum.org.ph, or call 631-2417.

The museum is located a the Ground Floor, Belnpress Bldg., Exchange Road cor. Meralco Avenue, Ortigas Center, Pasig City.

UN to discuss Myanmar after ‘ethnic cleansing’ claim

COX’S BAZAR — The United Nations Security Council (UNSC) will hold an urgent meeting to discuss violence barreling through western Myanmar, after the UN’s rights chief warned that “ethnic cleansing” appeared to have driven the flight of over 300,000 Rohingya Muslims from the country.

The remote border region was plunged into crisis after Rohingya militants attacked police posts in late August, prompting a military backlash that has sent nearly a third of the Muslim minority population fleeing to Bangladesh.

Rohingya refugees fleeing the unrest have told stories of soldiers and Buddhist mobs burning entire villages to the ground, while the government blames militants for the arson.

On Monday the United Nations rights chief, Zeid Ra’ad Al Hussein, said the violence seemed to be a “textbook example of ethnic cleansing.”

Hours after the warning, the Security Council announced it would meet Wednesday to discuss the crisis, which has heaped global opprobrium on Myanmar’s civilian leader Aung San Suu Kyi.

A Nobel peace laureate, Ms. Suu Kyi has been pilloried by rights groups for failing to speak up for the maligned Rohingya minority, who are denied citizenship by the state and have suffered years of persecution in Buddhist-majority Myanmar.

Late Monday her office said Myanmar “welcomes the statements issued by the United Nations and a number of countries firmly condemning the terrorist attacks,” without mentioning the UN’s charge of ethnic cleansing.

The statement also defended the military’s operations as part of their “legitimate duty to restore stability,” saying troops were under orders “to exercise all due restraint, and to take full measures to avoid collateral damage and the harming of innocent civilians.”

Britain and Sweden requested the urgent UNSC meeting amid growing international concern over the ongoing violence, with fellow Nobel peace laureates urging Ms. Suu Kyi to intervene.

The council met behind closed doors in late August to discuss the violence, but there was no formal statement.

UN diplomats have said China, one of Myanmar’s top trade partners, has been resisting involvement by the top UN council in addressing the crisis.

“It’s a sign of the significant worry that Security Council members have about the situation that is continuing to deteriorate for the many Rohingyas who are seeking to flee Rakhine state,” British Ambassador Matthew Rycroft told reporters. — AFP

Integrated ASEAN holds strong cards as companies invest closer to key markets

By Krista Angela M. Montealegre,
National Correspondent

AN ECONOMICALLY integrated Southeast Asia stands to gain from increasing global interconnection, but companies must embrace innovation and harness the power of data to thrive and survive in the rapidly changing business landscape.

In a keynote speech at the 15th Management Association of the Philippines (MAP) International CEO Conference on Tuesday in Makati City, Dr. Thierry Apoteker, chairman and chief economist of European research group TAC Economics, said the world is shifting away from globalization — the main engine of growth in the last two decades — and moving towards “globalnection”— a fully interconnected world that is altering most of the common production and distribution practices.

Mr. Apoteker pointed out in the forum co-presented by BusinessWorld that economies have seen a substantial increase in restrictive trade measures since 2009, prompting companies to look less at integrated global value chains and more on investing closer to their market base.

With foreign direct investment and corporate integration challenged by relocation and technological innovation, Mr. Apoteker said Southeast Asia is in a position to capitalize on this emerging trend given the large domestic market in the region and its proximity to China — the main driver of global economic growth.

ASEAN has a tremendous potential in this new completely changing complex world where people, data and information play a critical role in business,” Mr. Apoteker said.

“If you succeed in moving to further integration while benefitting from proximity to China, it will be a winning recipe, but only if the people see the benefits of this process,” he said.

Digitization of manufacturing, or “Industry 4.0,” is critical for Southeast Asia to succeed, with data, robotics and mechanization fuelling the next big wave of growth, said Richard Skinner, partner in deals strategy at PwC Singapore.

Industry 4.0 is a new paradigm for economic production, riding on automation and data exchange to boost productivity and improve efficiency.

“What we have lost in manufacturing is a bit of that innovation and technological change. We have to address that to enable (gross domestic product) to reach the 10% level,” Mr. Skinner said.

While global trade in goods will not register the same growth pace seen from 1990 to 2010, the exchange of data, on the other hand, is exploding because of the ability of people to get a huge amount of information instantaneously.

“The winners are going to be those guys that hold all our data. They will be the winners of our future,” said Anson Bailey, partner and head of consumer markets practice at KPMG Hong Kong.

Companies must evolve from an omni-channel structure to an omni business model marked by the seamless integration of all functions, enabled by digital technology and with the customer at the center, Mr. Bailey said.

“We are in for an unprecedented level of disruption. The speed is something you can never imagine,” he said.

Mr. Apoteker said it is imperative for ASEAN firms to rapidly upgrade and upscale the type of services they offer to weather the storm caused by disruption.

ASEAN has made so much progress on tariff measures and trade procedures, but the integration needs more work on the areas on services, investment and labor mobility as well as overcoming obstacles in the form of an inefficient business environment and infrastructure gaps.

Marc Dragon, chief executive officer at Singapore-based logistics technology solutions provider Y3 Technologies, said businesses must not be afraid to innovate even if this means greater scrutiny from the government.

In the Philippines, the Land Transportation Franchising & Regulatory Board slapped ride-sharing start-up Uber with a P190-million fine for violating the agency’s July 26 order directing transport network companies (TNCs) to stop accepting and activating accreditation applications. Taxi operators have complained about unfair competition from TNCs.

“Ultimately, what I am encouraged by is I know the government wants the same thing. This congestion is a big issue and so is the pain of commuting in Manila. That’s what we care about, too. It’s just about finding a common ground,” said Chan Park, Uber general manager for Southeast Asia.

Dashboard (09/13/17)

BMW to show latest models, tech in Xpo event

BMW to show latest models, tech in Xpo event

BMW’s annual showcase of its newest models sold in the Philippines will be held on Sept. 15-17 at the BMW Pavilion on 9th Avenue corner 30th Street, Bonifacio Global City.

The brand’s local distributor, Asian Carmakers Corp. (ACC), said this year’s BMW Xpo will feature exhibitions each themed as Visionary, Precious and Thrilling. Included in Visionary is a display of the all-new BMW 5 Series and an augmented reality experience of the Vision Next 100 Concept Car. Precious will showcase the BMW 7 Series, the newest collection of BMW Lifestyle, and apparel and accessories by Hugo Boss. Attractions included in Thrilling are displays of the BMW M2 and M4 Competition Package, as well as select models in M Sport trim.

“BMW has consistently led unique and exciting customer experiences, pushing boundaries through daring and visionary creations that do not compromise the ultimate goal [of delivering] ‘Sheer Driving Pleasure.’ There’s no better way to share our journey and vision than through the BMW Xpo 2017,” said Maricar C. Parco, president of ACC.

Also to be featured at the event are BMW Motorrad models like the R nineT, as well as those belonging in the Adventure and Sport lines. ACC said it would offer limited financing programs on all brand-new BMW vehicles, too.


‘VWorld Weekend’ to feature new Volkswagens

‘VWorld Weekend’ to feature new Volkswagens

SET to go on display at the “VWorld Weekend” are the accessorized versions of the VW Beetle and the Polo Hatchback Club Edition, as well as the new Jetta in Comfortline, Highline, Business Edition and Business Edition + trim levels.

Volkswagen Philippnes said the VWorld Weekend, to take place on Sept. 16-17 at the Glorietta Activity Center in Makati City, will allow motoring enthusiasts looking for world-class vehicles access to Volkswagen models offered at special purchase and financing packages. The company cited that the Polo Hatchback is priced starting from P858,000, the Jetta at P1.1 million, and the Beetle at P1.24 million.

Special financing packages from BPI Family Savings Bank and BPI Auto Loans will also offer all-in down payment options for as low as P80,000 at no interest for up to 60 months, Volkswagen said. It added other attractions at the event include its Junior Driving Course.


Chevrolet offers low down payment options

Chevrolet offers low down payment options

SEVERAL Chevrolet models can still be bought through all-in low down payment schemes, the brand’s distributor in the Philippines said.

Among trucks, the Chevrolet Colorado 4×2 LT A/T is offered at a low down payment of P108,000; the Colorado 4×2 LTX A/T at P138,000; the Trailblazer 4×2 LT A/T at P88,000; and the Trailblazer 4×2 LTX A/T at P168,000.

Smaller Chevrolet models are available with the same all-in low down payment promo. Last year’s Chevrolet Trax LS A/T can be bought at an initial cost of P68,000 and the Trax LT A/T at P78,000; the new Chevrolet Sail LT M/T and A/T at P38,000; the Sail LTZ A/T at P68,000; the Spark LT M/T at P58,000; the Spark LT CVT at P68,000; and the Spark LTZ CVT at P78,000.

Chevrolet Philippines said the promo runs until September 30, and that purchase during the period include free comprehensive insurance coverage and three-year LTO registration and chattel mortgage fees.


Hyundai promotes ‘Fast Track’ service

Hyundai promotes ‘Fast Track’ service

HYUNDAI’S local distributor, Hyundai Asia Resources, Inc., is promoting its Fast Track Service preventive maintenance program in which a car can be serviced by a four-man team in 30 minutes.

The company said customers will not be charged for maintenance work that exceeds 30 minutes. It added Fast Track covers all Hyundai vehicles, including those whose warranties have lapsed but which have complete maintenance job history.

Fast Track is offered only in select Hyundai dealerships.