general

Ayala drops distribution of Volkswagen cars

MANILA, Philippines — The Ayala group’s Automobile Central Enterprise Inc. (ACEI) has come into an agreement with Volkswagen AG to end the distribution of the German brand’s vehicles in the Philippines. ACEI said in a notice to customers that, considering this, Volkswagen BGC will continue its operations until Sept. 30 only. A member of the Ayala

general

GCash and InvestaTrade link up to boost GStocks

MANILA, Philippines — Financial super app GCash has teamed up with technology provider InvestaTrade to power its equities channel GStocks, aiming to offer a more “beginner-friendly” approach to demystify stock market investing. GCash and InvestaTrade have launched an upgraded GStocks platform within the GCash app. This enables retail investors to participate in the stock market