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MANILA, Philippines — The Ayala group’s Automobile Central Enterprise Inc. (ACEI) has reached an agreement with Volkswagen AG to end the distribution of the German brand’s vehicles in the Philippines.
In a notice to customers, ACEI announced that Volkswagen BGC will continue its operations only until September 30.
https://business.inquirer.net/547790/ayala-drops-distribution-of-volkswagen-cars
Japanese organizers admit public awareness of the Asian Games in Aichi-Nagoya “needs to be higher” as they look to ramp up interest with Friday marking a year to go until the start of the sporting spectacular. The pandemic-delayed 2023 edition in Hangzhou, China, featured about 12,000 athletes–the biggest Asian Games in history boasting more competitors
MANILA, Philippines — Food manufacturing giant Del Monte Pacific Ltd. (DMPL) is in talks with creditors to extend the maturity of debts falling due in fiscal year 2026, alongside plans to raise fresh equity as it grapples with a $600-million capital deficiency. Nonetheless, DMPL said it was confident in its ability to maintain uninterrupted business
Bhojpuri superstar Pawan Singh has left the reality show Rise & Fall.