Latest news with #PHP
The Sun
2 days ago
- Automotive
- The Sun
The VinFast VF 6 Passes the Wife Test with Room to Spare
MANILA, PHILIPPINES - Media OutReach Newswire - 20 June 2025 - Women usually play an important role in family car-buying decisions, and the VinFast VF 6, recently launched in the Philippines, meets the key priorities of many women buyers. The old stereotype paints a familiar picture: men kick tires, debate horsepower, and make the final call on family cars. Reality tells a different story. According to CDK Global, women influence 85% of all car purchases. This insight means that women play an important, sometimes deciding, role in buying a car. It's essential for automakers to understand what women actually look for in a vehicle. The way women make decisions The numbers reveal how women approach car buying. Women spend more time researching their options. On average, they take 75 days to make a decision, compared to 63 days for men. This suggests that they usually do more thorough research to build knowledge prior to the purchase. Their priorities are also different from men's when shopping for cars. An survey of over 500,000 car inquiries showed that women focus on price, affordability, and practical features, while performance specs and brand prestige rank lower. The cars men wanted cost three times more on average than what satisfied women buyers. This kind of thinking reflects the many roles women juggle every day: caregivers, professionals, and budget managers, often all at once. A MasterCard study across 16 Asian countries found women managing household finances in half the markets surveyed. In Indonesia and the Philippines, over 56% of women control domestic spending decisions. A more recent survey by Women's World Car of the Year gave a further breakdown. Safety ranks as the single most important feature women seek. Practicality, performance, and space tie for second place. But safety isn't just about crash ratings. Women want backup cameras, blind spot monitoring, and multiple airbags. They value high seating positions for better visibility. Storage pockets, cupholders, and intuitive technology matter for daily convenience. Many also weigh emissions and fuel efficiency, choosing greener options when the situation allows. VinFast VF 6 ticks all the boxes The VinFast VF 6, a compact SUV recently launched in the Philippines, happens to tick all the boxes that matter most to women car buyers. It's a fully electric SUV in the popular B-segment, combining safety, practicality, and smart technology in a package built for real-world use. In the Philippines, the VF 6 is available in two trims: Eco and Plus, with MSRPs of 1,419,000 PHP and 1,610,000 PHP respectively. The 'Natural Opposites' design, created with Torino Design, balances function and form. But looks aren't the selling point. It's the way the VF 6 fits into everyday life. With a 2,730 mm wheelbase, the VF 6 remains compact enough for narrow city streets while offering interior space comparable to many larger gas-powered cars in the C-segment. Its 423-liter cargo capacity fits around 10 standard carry-on suitcases. Folding down the rear seats makes room for larger items such as bicycles or camping gear. Inside, the VF 6 features a 12.9-inch infotainment screen, dual-zone climate control, rain-sensing wipers, and an 8-way power driver's seat. Voice commands operate smoothly. Utility modes cater to daily needs, including Pet Mode, which keeps the cabin cool for animals when the driver steps away. The 360-degree camera view also makes parking in tight spots easier. For safety, the VF 6 includes up to 8 airbags and offers up to 19 advanced driver assistance features in the Plus version. These include blind spot detection, rear parking assist, and 360-degree camera views, making driving easier for newer drivers. The VF 6's practicality extends to finances. Owners get free charging at V-GREEN operated stations until May 1st, 2027, which eliminates fuel costs entirely. The 7-year warranty and 90% buyback guarantee provide long-term security. Range anxiety disappears with up to 480 kilometers per charge, handling both daily commutes and weekend trips without compromise. 'Women hold up half the sky', so it's only natural that they should shape what families drive on the road. And the VF 6 happens to align perfectly with this shift toward practical buyers. In this era, automakers can't rely on dated assumptions. They need to meet people where they are, starting with the ones making the decisions. The VF 6 offers practical features, safety, and financial sense. That's what many buyers want, and that's how trust is earned.
Arabian Post
2 days ago
- Automotive
- Arabian Post
The VinFast VF 6 Passes the Wife Test with Room to Spare
MANILA, PHILIPPINES – Media OutReach Newswire – 20 June 2025 –Women usually play an important role in family car-buying decisions, and the VinFast VF 6, recently launched in the Philippines, meets the key priorities of many women buyers. The old stereotype paints a familiar picture: men kick tires, debate horsepower, and make the final call on family cars. Reality tells a different story. According to CDK Global, women influence 85% of all car purchases. This insight means that women play an important, sometimes deciding, role in buying a car. It's essential for automakers to understand what women actually look for in a vehicle. ADVERTISEMENT The way women make decisions The numbers reveal how women approach car buying. Women spend more time researching their options. On average, they take 75 days to make a decision, compared to 63 days for men. This suggests that they usually do more thorough research to build knowledge prior to the purchase. Their priorities are also different from men's when shopping for cars. An survey of over 500,000 car inquiries showed that women focus on price, affordability, and practical features, while performance specs and brand prestige rank lower. The cars men wanted cost three times more on average than what satisfied women buyers. This kind of thinking reflects the many roles women juggle every day: caregivers, professionals, and budget managers, often all at once. A MasterCard study across 16 Asian countries found women managing household finances in half the markets surveyed. In Indonesia and the Philippines, over 56% of women control domestic spending decisions. A more recent survey by Women's World Car of the Year gave a further breakdown. Safety ranks as the single most important feature women seek. Practicality, performance, and space tie for second place. But safety isn't just about crash ratings. ADVERTISEMENT Women want backup cameras, blind spot monitoring, and multiple airbags. They value high seating positions for better visibility. Storage pockets, cupholders, and intuitive technology matter for daily convenience. Many also weigh emissions and fuel efficiency, choosing greener options when the situation allows. VinFast VF 6 ticks all the boxes The VinFast VF 6, a compact SUV recently launched in the Philippines, happens to tick all the boxes that matter most to women car buyers. It's a fully electric SUV in the popular B-segment, combining safety, practicality, and smart technology in a package built for real-world use. In the Philippines, the VF 6 is available in two trims: Eco and Plus, with MSRPs of 1,419,000 PHP and 1,610,000 PHP respectively. The 'Natural Opposites' design, created with Torino Design, balances function and form. But looks aren't the selling point. It's the way the VF 6 fits into everyday life. With a 2,730 mm wheelbase, the VF 6 remains compact enough for narrow city streets while offering interior space comparable to many larger gas-powered cars in the C-segment. Its 423-liter cargo capacity fits around 10 standard carry-on suitcases. Folding down the rear seats makes room for larger items such as bicycles or camping gear. Inside, the VF 6 features a 12.9-inch infotainment screen, dual-zone climate control, rain-sensing wipers, and an 8-way power driver's seat. Voice commands operate smoothly. Utility modes cater to daily needs, including Pet Mode, which keeps the cabin cool for animals when the driver steps away. The 360-degree camera view also makes parking in tight spots easier. For safety, the VF 6 includes up to 8 airbags and offers up to 19 advanced driver assistance features in the Plus version. These include blind spot detection, rear parking assist, and 360-degree camera views, making driving easier for newer drivers. The VF 6's practicality extends to finances. Owners get free charging at V-GREEN operated stations until May 1st, 2027, which eliminates fuel costs entirely. The 7-year warranty and 90% buyback guarantee provide long-term security. Range anxiety disappears with up to 480 kilometers per charge, handling both daily commutes and weekend trips without compromise. 'Women hold up half the sky', so it's only natural that they should shape what families drive on the road. And the VF 6 happens to align perfectly with this shift toward practical buyers. In this era, automakers can't rely on dated assumptions. They need to meet people where they are, starting with the ones making the decisions. The VF 6 offers practical features, safety, and financial sense. That's what many buyers want, and that's how trust is earned. Hashtag: #VinFast The issuer is solely responsible for the content of this announcement.
Korea Herald
3 days ago
- Business
- Korea Herald
FinVolution Wins Dual Awards at FinanceAsia 2025 for Innovation and Strategic Partnership
HONG KONG, June 19, 2025 /PRNewswire/ -- FinVolution Group, a globally leading fintech company, has been honored with two prestigious awards at the Finance Asia 2025 Awards: "Most Innovative Use of Technology" (Mainland China) and "Best Strategic Initiative" (the Philippines). These accolades underscore the global recognition for FinVolution's Loan Channelling business model and its technological capabilities in empowering financial inclusion. The FinanceAsia Awards are one of the best-known and most credible sets of awards in Asia's financial services industry, with this year's winners including major financial institutions such as Citibank, HSBC, Bank Rakyat Indonesia(BRI), and Bank of the Philippine Islands Bank(BPI). The recognition from FinanceAsia in both China and the Philippines reinforces FinVolution's commitment to advancing financial inclusion and supporting its banking partners in transcending traditional service boundaries through innovation. The company sees this achievement as further motivation to scale its global impact and contribute to a more inclusive financial ecosystem. Innovating Lending Through Loan Channelling The key driver behind these awards is FinVolution's innovative Loan Channelling model, transforming traditional lending by integrating the strengths of banks and fintech companies. Through strategic partnerships, FinVolution empowers financial institutions to deploy its end-to-end proprietary technology, covering customer acquisition, risk control, AI-driven underwriting, and omnichannel distribution, to enhance intelligence and efficiency of the entire credit process. As of Q1 2025, the Company has facilitated over USD 147 billion in cumulative loans and connected 35 million borrowers with more than 128 global financial institutions. A notable example is FinVolution's award-winning operation in the Philippines, which includes a landmark PHP 2.75 billion (approximately USD 50 million) Loan Channeling partnership with a leading local digital bank. This collaboration has strengthened regional liquidity while enabling the partner bank to expand its customer base with minimized risk and improved service quality—further validating the model's effectiveness. Global Expansion Driven by Technology Building on the success of its Loan Channeling model, FinVolution is expanding its impact across global markets by combining localized insights with cutting-edge technology. Beyond the Philippines, the company has established leading fintech platforms in Indonesia and Pakistan to further its global mission. Guided by 18 years of credit technology expertise and collaborative partnerships, FinVolution remains committed to enhancing financial services through innovative technologies. Its solutions empower both traditional and digital banks to reach wider customer segments while improving the efficiency and scope of financial inclusion—collectively building a complementary, sustainable financial ecosystem. The success of this model is reflected in FinVolution's strong international performance. In the first quarter of 2025, the company's international business revenue reached US$97.9 million, marking a 19.5% year-over-year increase. This growth contributed 20.4% of FinVolution's total revenue for the quarter, demonstrating the increasing importance of its global operations. About FinVolution FinVolution Group is a leading fintech company that connects millions of consumers as well as micro- and small-sized enterprises with financial institutions. Founded in 2007 and listed on the New York Stock Exchange in 2017, we have been at the forefront of the pan-Asian credit technology industry, pioneering innovative technologies in credit risk assessment, fraud detection, big data, and artificial intelligence. With a proven track record of robust growth in pan-Asian countries, we have established leading fintech platforms in China, Indonesia, the Philippines, and Pakistan.
Daily Mail
5 days ago
- Business
- Daily Mail
Top investors in GP surgery firm Assura oppose £1.7bn bid from US private equity giant KKR
Assura's major shareholders have opposed a tie-up with a US private equity giant. Top ten investors Quilter Cheviot and Schroders, which own around 6 per cent and 5 per cent of shares in the NHS landlord respectively, favour a deal with London-listed rival Primary Health Properties (PHP) over US buyout giant KKR. Allianz, Gravis, Baillie Gifford and Columbia Threadneedle have also leant their support to PHP's bid. Shareholders argued that KKR's proposal undervalues Assura, which owns GP surgeries, hospitals and hospices across the UK. A deal with KKR and its partner Stonepeak would see buildings leased to the NHS fall into the hands of overseas owners. But a takeover by PHP would retain the properties under the ownership of a London-listed business. Assura this week said it would weigh up an improved bid from PHP, despite having backed KKR's £1.7billion offer last week. Marcus Phayre-Mudge, manager of Columbia Threadneedle's TR Property Investment Trust, said: 'The KKR bid simply doesn't offer a premium significant enough to justify walking away from this long-term opportunity. 'That's why we strongly support the PHP-Assura merger and encourage other shareholders to do the same.' A Gravis fund manager said PHP's offer was a 'superior choice for long-term investors'. The KKR bid 'risks crystallising value at what may be a cyclical low', they added. Baillie Gifford investment manager Jon Stewart said the KKR deal was not 'in shareholders' best interests' and 'undervalues Assura's long-term growth potential'. KKR's 'best and final' bid values the company at 52.1p per share, although that includes already declared dividends. Without those, the offer is worth 50.42p, analysts said. Most recently, PHP offered £1.68billion to buy Assura but argued last week that its cash and stock bid is worth more as the value is based on share prices. Assura shares slid 0.1 per cent, or 0.05p, to 50.1p. City exodus goes on Direct Line and Ashtead have moved a step closer to joining the exodus from the London stock market. The £3.7billion takeover of insurer Direct Line by Aviva is set to complete next month after talks with the competition watchdog. Aviva said it is pressing ahead with plans for a court to sanction the deal on July 1. This would see the insurer swallowed up by its larger rival and leave the market. Equipment rental firm Ashtead said it is on course to switch its main stock market listing to New York in early 2026. In the past month, drug maker Indivior and fintech firm Wise said they would switch their main listing to New York.
IOL News
5 days ago
- Business
- IOL News
Assura evaluates PHP's revised acquisition offer
The Assura board, together with its financial and legal advisers, is currently reviewing the revised PHP offer in detail, it said. The board of Assura plc, which is secondary listed on the JSE, said on Tuesday it notes the announcement made by Primary Health Properties (PHP) on June 13 outlining revised terms of its share and cash offer for the entire issued and to be issued ordinary share capital of Assura. Assura is a UK-based Real Estate Investment Trust specialising in the development, investment, and management of primary healthcare properties. Assura owns and operates a portfolio of over 600 healthcare facilities across the UK, including GP surgeries, diagnostic and treatment centers, and private hospitals. Key amendments to the PHP offer include the potential acceleration of Assura's quarter three dividend, without a corresponding reduction in the overall value of the PHP offer to shareholders; and a reduction in the acceptance condition for the PHP offer to more than 50% of the voting rights normally exercisable at a general meeting of Assura shareholders - aligning it with the acceptance threshold of the competing cash offer from Sana Bidco, announced on June 11. The board of Assura further notes that PHP published its formal offer document on June 13, setting out the full terms and conditions of the revised PHP offer. The Assura board, together with its financial and legal advisers, is currently reviewing the revised PHP offer in detail, it said. As part of this process, the board is conducting comprehensive consultations with shareholders to ensure their views are appropriately considered. Assura said, "The board remains committed to acting objectively and in accordance with its fiduciary duties, with a firm focus on maximising value for all Assura shareholders." In line with regulatory requirements, the board said it will publish a circular setting out its formal response to the PHP offer no later than June 27. In the interim, Assura told shareholders that they are strongly advised to take no action in relation to the PHP offer. BUSINESS REPORT Visit:
