BIZ BUZZ: New luxury car market player

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One of the world’s leading distributors of top automotive brands is reportedly eyeing a slice of the fast-growing Philippine car market through a strategic partnership with a well-known local

This new partnership will bring in new and more exciting models and spur greater competition in the local luxury car segment. Who are we talking about? The cat will officially be let out of the bag this week. Abangan!Four of the country’s largest electricity producers have virtually blacklisted a known multinational company that they claim has served them poorly in the past years, keeping them from producing electricity and generating revenues.

Indeed, these four companies have been comparing notes of late and are exploring the possibility or writing the multinational company’s head office in New York to formally complain and even warn of a potential filing for arbitration.

 

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