“You’ve been using our products for years… You just didn’t know it … AISIN.”

November 19, 2019

MANILA, Philippines -- Aiming to be an irreplaceable global partner, AISIN joins the 13th Manila Auto Salon at the SMX Convention Center this November 14-17, 2019 to showcase their aftermarket products.      Founded in 1965, AISIN SEIKI Co., Ltd. is a Tokyo stock exchange public listed company which was recognized as the world’s leading Original Equipment Manufacturer (OEM) in the automotive industry, and ranked 6th as the largest automotive parts supplier in terms of sales of original equipment parts globally.      The AISIN GROUP of companies manufacture more than 10,000 types of automotive parts and supplying to leading car manufacturers around the world. AISIN products are highly sought-after by the customers as AISIN holds true to its corporate principles of “Quality First”. Leveraging on its technological expertise and comprehensive automotive manufacturing plants worldwide, AISIN is able to offer high quality automotive products to meet the needs in the aftermarket field.      AISIN has widened its aftermarket product range to serve the customers from replacement, repair, to customization. With Riken Motor Sales, Inc. as its sole distributor in Philippines, the extensive aftermarket products ranges into following categories:      The Drivetrain-related products which include the clutches, clutch hydraulic cylinders, steering & suspension parts, free wheel hub, and manual transmission, etc;      The Engine-related products composed of the water pump, oil pump, fan clutch, timing chain cover, fan blade, hydraulic belt tensioner, fan pulley bracket, oil filter, etc.      The Brake-related products, under “ADVICS” brand, consists of brake booster, brake master & wheel cylinder, brake disc and pad, brake shoe, brake caliper, caliper piston, and seal kit.      Aside from the automotive parts, AISIN also supplies lubricant product including engine oil; automatic transmission fluid for conventional AT, CVT, and twin-clutch transmission, long life coolant (LLC), gear oil, multi-purpose grease, brake fluid and hydraulics fluid.      AISIN’s regional head office AISIN ASIA Pte. Ltd.(Singapore) has put up an office in Manila to support their partners and customers in Philippines.

Radiowealth Finance Company holds Go Negosyo at Ayala Malls Centrio

November 16, 2019

RADIOWEALTH Finance Company held a three-day showcase of its various offerings at Ayala Malls Centrio in Cagayan de Oro from November 14 to 16, this year. During the event, RFC – a leading pillar in the country’s financing industry – showcased its offerings such as financing loan, business loan, OFW loan, professional loan, prenda OR/CR, lessors loan, educational loan and appliance loan, among others; and entertained walk-in inquiries from Ayala Malls Centrio shoppers. To make the three-day event livelier, RFC initiated a range of gimmicks such as a motorshow display, flyering, BOP sessions, fun games and surprises, singing taxi drivers competition, free motor oil samples for approved walk-ins, DTI business opportunity 101, videoke challenge, singing professionals competition and a dance competition. Partner merchants also exhibited their wares such as Madz ATV, SO Photocopier, Ulric Slar, Arez, Beaute Emporium, PC Ezra, Hino Cagayan de Oro, TCTS, Kimura Chaves Enterprises, Power Traq, San Lucas Labline and Castrol. RFC is a proud Filipino company that offers accessible and easy credit to people from all walks of life. They are a brand that is committed to delivering and empowering lives of every individual. The Cagayan de Oro office is located inside Limketkai Mall at its ground level.

Taxation Bowing Down to Social Justice | A Tribute to a Cooperative Champion: FELICIDAD L. RUIZ

October 31, 2019

Indeed, there are two things in life which all of us cannot escape from: death and taxes. Death is our marriage to eternity where a humble but firm cooperative leader is now – Felicidad L. Ruiz, a cooperative champion par excellence, who had leaped to the Great Beyond on October 30, 2019. Taxation is a fundamental power of the State that all must follow as tax is the lifeblood of the nation – yet, the cooperatives are tax exempt and such highest privilege had been well pronounced in a landmark Supreme Court Decision because of the firm stand of Madam Fely, the General Manager of DCCCO (Dumaguete Cathedral Credit Cooperative),      It that case of DCCCO vs. the Bureau of Internal Revenue (BIR) which was then so persistent in taxing DCCCO and even winning in the lower courts, the Supreme Court had categorically pronounced that DCCCO should not be taxed, stating that, “while the power to tax is very strong fundamental power of the State but such power must bow down to the principle of social justice.”      DCCCO under the leadership of  Madam Fely has been compliant in all undertakings and requirements of the Cooperative Development Authority especially in the use of surplus (not profits). One hundred percent (100%) or the maximum utilization/remittance of Community Development Fund (CDF) and Cooperative Educational Training Fund (CETF) for sustainable programs/projects in consonance with actualizing the 6th and 7th Cooperative Principles and Value of “Cooperation Among Cooperatives” and “Concern for the Community” – had shown that there is no need for cooperatives to be taxed as these allocation of surplus to improve the quality of life of the poor communities, i.e,, feeding the malnourished children, providing medical services to the indigent patients, providing scholarships to poor students, etc. – are by themselves more than taxation.      Indeed, cooperatives are tax exempt but they are tax-makers. A great portion of the surplus goes back to the poor members in the form of patronage refund or interest on capital.  As the members are earning, they are not exempted from paying their individual income taxes. Too, because of the cooperatives, they are able to borrow funds to put up their individual livelihood projects, i.e., “karenderya” to those women who know how to cook or jeepneys or “motorelas” for men who know how to drive.        These are indirectly creating employment providing livelihood opportunities to the jobless which when consolidated will be about  two (2) million jobs, based on the data bank of CDA. Directly employed by the more than 18,000 cooperatives nationwide is about 500,000 officers, staff and personnel.  In a country where 6,000 Filipinos are leaving every day to work in other countries leaving their respective families behind, the employment contribution of the cooperatives is just amazing.      Indeed, the blooming of the flowers may be very beautiful but such pales in comparison to the blooming of the cooperatives.  This truism has been reinforced by a recent study conducted by the United States Agency for International Development (USAID).  No less than the head of the USAID’s Overseas Cooperative  Development Council (OCDC) Dr. Judith Hermanson, Ph.D. together with key staff, has met me recently to present a Report on the 3-month Study showing in their conclusions that “where there are cooperatives, the quality of life in the communities is better” and that the “Philippines is the Cooperative Leader in Asia and the Pacific.” Indeed, based on that Study, Transformative Cooperatives are the ones to rectify the dysfunctions of the present economic model which has benefited only one per cent (1%) of the world’s total population as the DNA of the cooperativism is PROSPERITY FOR ALL as it is members-owned, value-based and principles driven  and sustainable.       In a land where 73% of the economy is controlled by the Oligarchs and Cartels manifesting gross inequalities and the decline in social justice, indeed that historic Tax Exemption case championed by Madam Fely, that was a battle pursued as a test case for and in behalf of the entire cooperative movement and no doubt, the cooperatives won as per Supreme Court decision dated January 22, 2010 – when the more than 10 million cooperative members nationwide rejoiced! That historic decision had put to fruition the 10-year struggle and advocacy of Madam Fely and getting the much sought justice from no less than the highest court. Now that you had left us our beloved champion, we can only bow down our heads to express our utmost gratitude. We now must understand the truism that a cooperative without advocacy is like a night without stars.  Now that the cooperatives are again being taxed as big business are now apparently threatened as the cooperatives are harnessing their collective potential to rectify social wrongs as the Filipino people are now being awakened by our beloved President, let notice be served to one and all, that the cooperativism  in this country has proven to be the countervailing force against poverty, social inequity, social injustice, ecological turbulence due to climate change and against violent extremism. Totoo po talaga, “Kooperatibismo laban sa terorismo,” yan po ngayon ang panawagan sa isang bayan na meron ng mga Filipino Suicidal bombers.      For those who have dreamt, struggled, advocated and even died for it, social change has been so elusive all these years despite 14 years of martial law and two-people power revolutions.  The systems and structures breeding poverty are still as formidable as ever. But NOT ANYMORE under the present dispensation and people empowerment through cooperativism is now the path under the leadership of our beloved President.      Don’t you know that we have now some 53 cooperatives whose members were former combatants of the Moro National Liberation Fronts? Many were organized during the heights of the “Marawi Seige” and are now implementing livelihood projects. Don’t you know that some former commanders of the New People’s Army had already surrendered like Datu Subang in Surigao del Sur who is the chieftain of the 10,000-member Manobo Tribe? Together with TESDA and CDA, both offices have signed Memo of Agreement (MOA) to capacitate the surrenderees, to start a new life based on social justice through  cooperativism. Please refrain from taxing them “baka bumalik sila sa dati.” Even the people with disabilities are now organized into cooperatives and are serving in the “blind massage” parlors in big malls.  Tax mo kooperatiba nila? Wag! From liabilities of society before, they are now assets.      Indeed, when economic dictatorship of the oligarchs is grafted in the democratic government, the outcome is the toxic growth of poverty, ecological turbulence due to climate change and violent extremism.  Our ecological resources had been plundered no end as GAIA (mother Earth) has no more “lungs” (Where have all our 17 million of dipterocarp forest gone?); No more “veins” as 15 or the 25 major rivers in the country are dead while 10 of the 13 major bays are now biologically dead, to the detriment of our ecological people.        The only countervailing force is the harnessing of the collective power of the people through cooperativism whose spirit has been gallantly advanced by Madam Fely.      As the remains of our beloved cooperative champion will soon be buried, what comes to my mind is the 12th stanza of the 17th century poem written by Thomas Grey in a Country Churchyard, to quote: “Perhaps in this neglected spot is laid, some heart once pregnant with celestial fire, hands that the rod of empire might have sway’d, or walked to ecstasy the living lyre.”      To our beloved Madam Felicidad Ruiz, you had lived with us with that “celestial fire” as a cooperative leader par excellence for 43 years, creating a big breakthrough when DCCCO won over miraculously in the attempt to diminish the spirit of cooperativism which has now come of age as a transformative leading edge for a transformative future for people, planet, prosperity and peace, where ever you are, now with us, then with the stars and in the loving embrace of the Supreme Being, you must “walk to ecstasy the living lyre,” – with our firm salute, warm embrace and deepest love – DAGHANG SALAMAT for your amazing life in the Cooperative Movement!  Don’t worry, we will continue your fight and advocacy – all for the greater Glory of God.

“Quality and Honest Pricing” catapults Xiaomi Corp. to world prominence

October 26, 2019

BEIJING, CHINA - In a press conference here at Xiaomi (MI) Corp main office, the China-Asean Media tour delegation learned how the world-renowned smart phone manufacturer and internet company rose to prominence in international business and modern technology. Dr. Baoqiu Cui, Xiaomi Vice President  and chairman of Technical Committee commented that the secret of their company’s success and meteoric rise to prominence  is “Quality and Honest Pricing.”       Also at hand to give presentations of their product lines and technology were the officers of Xiaomi, Christine Wong, VP for Internation Affairs; Yong He, VP for Public Affairs; and Yuou Chen, Public Affairs Manager for Southeast Asia.Xiaomi Corporation ).      It was only a year ago when Xiaomi  launched operations in 80 countries and regions. Now it is a front-runner in mobile phone markets, smart hardware and ICT platforms in more than 30 countries and regions, (they have 4 stores in the Philippines, including one at the SM Mall in Cagayan de Oro City) is a Chinese electronics company founded by Lei Jun in 2010 and headquartered in Beijing. Xiaomi makes and invests in smartphones, mobile apps, laptops, bags, trimmers, earphones, MI Television, Shoes, fitness bands, and many other products.[ Ranked 468th, Xiaomi is the youngest company on Fortune Global 500 List for 2019.       The company was co-founded by Lei Jun and six partners:  Lin Bin, vice president of the Google China Institute of Engineering;  Dr Zhou Guangping, senior director of the Motorola Beijing R&D center; Liu De, department head of industrial design at the Beijing Institute of Technology; Li Wanqiang, general manager of Kingsoft Dictionary; Wong Kong-Kat, principal development manager;  Hong Feng, senior product manager for Google China, on April 6, 2010.      Xiaomi released its first smartphone in August 2011 and rapidly gained market share in China to become the country's largest smartphone company in 2014.  At the start of second quarter of 2018, Xiaomi was the world's fourth-largest smartphone manufacturer,  leading in both the largest market, China, and the second-largest market, India.[9] Xiaomi later developed a wider range of consumer electronics, including a smart home (IoT) device ecosystem.       Xiaomi has 15,000 employees in China, India, Malaysia, Singapore and is expanding to other countries including Indonesia, the Philippines, and South Africa.  According to Forbes magazine, Lei Jun, the founder and CEO, has an estimated net worth of US$12.5 billion.  He is China's 11th richest person and 118th in the world.  Xiaomi is the world's 4th most valuable technology start-up after receiving US$1.1 billion funding from investors, making Xiaomi's valuation more than US$46 billion.      In the first round of funding, institutional investors included Temasek Holdings, IDG Capital, Qiming Venture Partners and Qualcomm.       On 16 August 2010, Xiaomi officially launched its first Android-based firmware MIUI.       Xiaomi produces many products. Notably, it produces smartphones which run on their own version of Android MIUI firmware. Observers suggest that part of Xiaomi's rapid success rests on its ability to differentiate itself within the Android universe. The company has increased its range of products; its smartphones include: Mi Series, Mi Note Series(discontinued), Mi Max Series(discontinued), Mi Mix Series, Pocophone, Blackshark and the Redmi Series. As well as mobile phones, Xiaomi has started selling wearables, mobile accessories, and appliances such as television and speakers. In 2018 it was selling tablets, laptops, and smart-home devices.      Xiaomi operates on a vertically-integrated model that enables the company to sell hardware at cost or below in order to attract users and earn money by selling content.  Hugo Barra, a former Google executive who served Xiaomi's vice president from 2014 to 2017, characterized the organization as "an Internet and a software company much more than a hardware company".      Xiaomi also keeps its prices low or close to "bill-of-material" by keeping most of its products in the market longer, eighteen months rather than the six-month norm followed by many smartphone companies. This strategy allows Xiaomi to take advantage of price reductions in the prices of key components of its products. It enables the company to sell hardware with specifications comparable to high-end devices at a fraction of the cost.       The company's version of the Android operating system, the MIUI skin, with its design, app marketplace, and functionalities, has established a community of users  who form a crucial part of Xiaomi's customer base and contribute to the company's drive for market awareness. This ecosystem is a massive source of revenue as indicated in 2015, when sales from the platform reached $750 million.       The company focuses on India, the world's second-largest smartphone market.  Xiaomi announced on May 2, 2018, the launch of Mi Music and Mi Video to offer "value-added internet services" in India.  On March 22, 2017, Xiaomi announced that it planned to set up a second manufacturing unit in India in partnership with contract manufacturer Foxconn.  On August 7, 2018, Xiaomi announced on its blog that Holitech Technology Co. Ltd., Xiaomi's top supplier, would invest up to $200 million over the next three years to set up a major new plant in India.       Recently Xiaomi started to sell more simple goods such as sunglasses, caps, pillows, glass lunchboxes, cups, filters, bags, backpacks, luggage, screwdrivers, and umbrellas.       In 2019, the company announced launching more than 10 5G phones in 2020.

Celebrating Meaningful Banking and Merrier Bonding

October 14, 2019

Metrobank holds the 6th Annual Metrobank Golf Tournament for Cebu clients   Metropolitan Bank & Trust Co. (Metrobank), in celebration of its strong partnership with Japanese corporate clients, recently held its Annual Golf Tournament at the Cebu Country Club.      In a continuous effort to promote recreational gatherings for the bank’s esteemed partners in the Queen City of the South, Metrobank held the sixth edition of its highly-anticipated and well-attended golf series. The event was made more special as the bank recently launched its latest branding campaign, Meaningful Banking, to reiterate its commitment of delivering not just meaningful service but also delightful experiences.       Staying true to this, Metrobank awarded the grand champion of Class A with luxurious Anantara Hotel and Resorts, Phuket Thailand vacation package.      As one of the leading universal banks in the country, Metrobank has a meaningful partnership with Japanese businesses and key industry players. Particularly in Cebu City, Metrobank strives to fortify and grow its partnerships via its regional Japan Desk, supported by a team of Japanese consultants. The Cebu-based facility, strongly backed by the head office in Manila, further helps their clients to conduct their local operations and expansions with ease. The bank likewise has wide branch and ATM networks in the city.      Cebu is one of the major destinations of direct foreign investors specifically for manufacturing and service oriented companies. Domestic economic activities are expected to grow as it is likely to receive a huge portion of the projected USD1.24 billion investment pledges which could potentially generate 16,000 jobs.       “Anchored on our promise to foster and provide Meaningful Banking, we aim to move, change, and grow together with our Japanese clients here in Cebu. We will support them in every step of the way, as they scale up their businesses. This golf tournament is just one way we demonstrate this commitment outside the usual banking solutions” said Metrobank Corporate Banking Group Head Anthony Ocampo Jr.      Since 1996, Metrobank has been developing alliances with businesses from Japan, including the Japan Bank for International Cooperation, Japan Finance Corporation, and 65 other major Japanese financial institutions. In the same year, Metrobank became the first local bank to be granted a license to operate in Tokyo and Osaka by the Ministry of Finance.      This service commitment to customers reflects the bank’s recent citations from The Asian Banker, a prestigious award-giving body for the Asia Pacific region. They lauded the financial company as the Best Managed Bank in the Philippines. Metrobank’s products and services on cash management, trade finance, and foreign exchange were likewise recognized by the same award-giving institution.

Get ready for a boosted experience with the new SAMSUNG Galaxy A50s

October 12, 2019

THIS 2019, SAMSUNG ushered in the Era of Live with the A-Series encouraging Gen Z’s love of producing content and sharing it with their friends and followers online.  Now, the tech giant is giving digital natives the chance to boost further their experiences with the arrival of the new Samsung Galaxy A50s.  To provide a more boosted smartphone experience to its users, the Galaxy A50s is equipped with Exynos 9611 that has a clock speed of up to 2.3GHz that allows users to have seamless browsing, streaming, and gaming.  It is also packed with an AI based Game Booster that provides a powerful gaming experience by analyzing the type of game being processed while optimizing the device’s performance.  The Galaxy A50s also employs the Frame Booster that adds virtual images in-between frames to compensate for the dropped images caused by AP performance for a better viewing experience.  Furthermore, it is equipped with 6GB of RAM and 128GB of storage, which means they can download as many games as they want and not worry about lags.  The Galaxy A50s is also furnished with an Advanced Multi-camera to beautifully capture live moments, any time of the day.  The 8MP ultra-wide camera with a 123-degree field of vision resembles the human eye and it is also equipped with the Super Steady feature1 that will let content creators shoot smooth, flawless videos, even for action-packed adventures.  The smartphone’s 48MP main lens can record bright and clear photos, even at night.  Lastly, the 1 Only available when shooting with Ultra Wide Camera in Full HD 5MP depth camera adds an artistic touch with its background blur.  Moreover, it is packed with a 32MP front camera with Selfie Focus and Smart Beauty features perfect in enhancing your photos.  Gen Zs can stay online and share their lives all day with the device’s 4,000mAh battery supported by a Fast Charging mechanism capable up to 15W via USB Type-C port.  The Galaxy A50s also highlights a Power Optimization feature so they can record, share, and stream content without having to worry about battery life.  Samsung is also introducing the new Samsung Galaxy A30s which features a triple rear camera, paired with 4,000mAh battery life.  The Samsung Galaxy A50s is priced at Php 18,990, available in Prism Crush Black, Prism Crush White, and Prism Crush Green variants.  Also just launched is the Galaxy A30s priced at Php 12,990.  To complete the A-series line up for Gen. Z this year, Samsung will soon launch additional members that will further drive their passions online at an affordable price with the Galaxy A20s and Galaxy A10s, priced at only P9,990 and P6,990 respectively.  To know more about the Galaxy A50s, visit    


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