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Motortrade
Motortrade Nationwide Corporation, branded as Motortrade and sometimes incorrectly called simply as Motortrade Philippines, is a Philippine-based conglomerate engaged in motorcycle dealership, sales and repair, and loans services. History Established as Bicol Supply Center in 1969 by Chinese-Filipino migrant Vicente Ongtenco, it initially offered motorcycle spare parts and hardware components in Daet, Camarines Norte. The business grew and shifted towards a motorcycle retail business and was eventually incorporated by the Securities and Exchange Commission (SEC) on December 27, 1979, as Motortrade Nationwide Corporation. In 2011, Motortrade ranked top 300 in BIR's list of top taxpaying corporations in the Philippines. Branches Motortrade currently has over 700 branches in Luzon and Visayas, with an additional 200 branches in Mindanao managed by a subsidiary company, Motorjoy Depot Inc. (MDI). Aside from multi-brand stores, Motortrade also operates brand-specific stores such a ...
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Motortrade Nabua
Motortrade Nationwide Corporation, branded as Motortrade and sometimes incorrectly called simply as Motortrade Philippines, is a Philippine-based conglomerate engaged in motorcycle dealership, sales and repair, and loans services. History Established as Bicol Supply Center in 1969 by Chinese-Filipino migrant Vicente Ongtenco, it initially offered motorcycle spare parts and hardware components in Daet, Camarines Norte. The business grew and shifted towards a motorcycle retail business and was eventually incorporated by the Securities and Exchange Commission (SEC) on December 27, 1979, as Motortrade Nationwide Corporation. In 2011, Motortrade ranked top 300 in BIR's list of top taxpaying corporations in the Philippines. Branches Motortrade currently has over 700 branches in Luzon and Visayas, with an additional 200 branches in Mindanao managed by a subsidiary company, Motorjoy Depot Inc. (MDI). Aside from multi-brand stores, Motortrade also operates brand-specific stores such a ...
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Motortrade Motorcycle Shop - Panoramio
Motortrade Nationwide Corporation, branded as Motortrade and sometimes incorrectly called simply as Motortrade Philippines, is a Philippine-based conglomerate engaged in motorcycle dealership, sales and repair, and loans services. History Established as Bicol Supply Center in 1969 by Chinese-Filipino migrant Vicente Ongtenco, it initially offered motorcycle spare parts and hardware components in Daet, Camarines Norte. The business grew and shifted towards a motorcycle retail business and was eventually incorporated by the Securities and Exchange Commission (SEC) on December 27, 1979, as Motortrade Nationwide Corporation. In 2011, Motortrade ranked top 300 in BIR's list of top taxpaying corporations in the Philippines. Branches Motortrade currently has over 700 branches in Luzon and Visayas, with an additional 200 branches in Mindanao managed by a subsidiary company, Motorjoy Depot Inc. (MDI). Aside from multi-brand stores, Motortrade also operates brand-specific stores such a ...
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Bank Of Makati
Bank of Makati, (A Savings Bank) Inc. or BMI is a thrift bank established in 1956. It was founded as a rural bank prior to its approval by the Bangko Sentral ng Pilipinas to operate as a thrift bank on April 28, 2015; it officially became a savings bank. History The Bank of Makati was established on September 22, 1956, as the "Rural Bank of Makati, Inc." along J.P. Rizal in the then-town of Makati, Rizal. In October 2001, the banking company underwent a change in ownership as well as some reforms. In November 2005, the name of the company was officially changed to "Bank of Makati (A Rural Bank), Inc.". In 2006, the banking company was included in the list of Top 1000 Corporations in the Philippines. According to the Business World Corporate Profile 2008, the Bank of Makati is the biggest rural bank in the country with total assets worth and a net worth of more than exceeding the worth of some savings banks. The Bank of Company underwent a re-branding in 2009 and adopted a n ...
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Conglomerate (company)
A conglomerate () is a multi-industry company – i.e., a combination of multiple business entities operating in entirely different industries under one corporate group, usually involving a parent company and many subsidiaries. Conglomerates are often large and multinational. United States The conglomerate fad of the 1960s During the 1960s, the United States was caught up in a "conglomerate fad" which turned out to be a form of speculative mania. Due to a combination of low interest rates and a repeating bear-bull market, conglomerates were able to buy smaller companies in leveraged buyouts (sometimes at temporarily deflated values). Famous examples from the 1960s include Ling-Temco-Vought,. ITT Corporation, Litton Industries, Textron, and Teledyne. The trick was to look for acquisition targets with solid earnings and much lower price–earnings ratios than the acquirer. The conglomerate would make a tender offer to the target's shareholders at a princely premium to the ...
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Quezon City
Quezon City (, ; fil, Lungsod Quezon ), also known as the City of Quezon and Q.C. (read in Filipino as Kyusi), is the List of cities in the Philippines, most populous city in the Philippines. According to the 2020 census, it has a population of 2,960,048 people. It was founded on October 12, 1939, and was named after Manuel L. Quezon, the List of presidents of the Philippines, second president of the Philippines. The city was intended to be the Capital of the Philippines, national capital of the Philippines that would replace Manila, as the latter was suffering from overcrowding, lack of housing, poor sanitation, and traffic congestion. To create Quezon City, several barrios were carved out from the towns of Caloocan, Marikina, San Juan, Metro Manila, San Juan and Pasig, in addition to the eight vast estates the Philippine government purchased for this purpose. It was officially proclaimed as the national capital on October 12, 1949, and several government departments and i ...
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Philippines
The Philippines (; fil, Pilipinas, links=no), officially the Republic of the Philippines ( fil, Republika ng Pilipinas, links=no), * bik, Republika kan Filipinas * ceb, Republika sa Pilipinas * cbk, República de Filipinas * hil, Republika sang Filipinas * ibg, Republika nat Filipinas * ilo, Republika ti Filipinas * ivv, Republika nu Filipinas * pam, Republika ning Filipinas * krj, Republika kang Pilipinas * mdh, Republika nu Pilipinas * mrw, Republika a Pilipinas * pag, Republika na Filipinas * xsb, Republika nin Pilipinas * sgd, Republika nan Pilipinas * tgl, Republika ng Pilipinas * tsg, Republika sin Pilipinas * war, Republika han Pilipinas * yka, Republika si Pilipinas In the recognized optional languages of the Philippines: * es, República de las Filipinas * ar, جمهورية الفلبين, Jumhūriyyat al-Filibbīn is an archipelagic country in Southeast Asia. It is situated in the western Pacific Ocean and consists of around 7,641 islands t ...
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Motorcycle
A motorcycle (motorbike, bike, or trike (if three-wheeled)) is a two or three-wheeled motor vehicle steered by a handlebar. Motorcycle design varies greatly to suit a range of different purposes: long-distance travel, commuting, cruising, sport (including racing), and off-road riding. Motorcycling is riding a motorcycle and being involved in other related social activity such as joining a motorcycle club and attending motorcycle rallies. The 1885 Daimler Reitwagen made by Gottlieb Daimler and Wilhelm Maybach in Germany was the first internal combustion, petroleum-fueled motorcycle. In 1894, Hildebrand & Wolfmüller became the first series production motorcycle. Globally, motorcycles are comparably popular to cars as a method of transport. In 2021, approximately 58.6 million new motorcycles were sold around the world, fewer than the 66.7 million cars sold over the same period. In 2014, the three top motorcycle producers globally by volume were Honda (28%), Yamaha (17 ...
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Motorcycle
A motorcycle (motorbike, bike, or trike (if three-wheeled)) is a two or three-wheeled motor vehicle steered by a handlebar. Motorcycle design varies greatly to suit a range of different purposes: long-distance travel, commuting, cruising, sport (including racing), and off-road riding. Motorcycling is riding a motorcycle and being involved in other related social activity such as joining a motorcycle club and attending motorcycle rallies. The 1885 Daimler Reitwagen made by Gottlieb Daimler and Wilhelm Maybach in Germany was the first internal combustion, petroleum-fueled motorcycle. In 1894, Hildebrand & Wolfmüller became the first series production motorcycle. Globally, motorcycles are comparably popular to cars as a method of transport. In 2021, approximately 58.6 million new motorcycles were sold around the world, fewer than the 66.7 million cars sold over the same period. In 2014, the three top motorcycle producers globally by volume were Honda (28%), Yamaha (17 ...
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Loans
In finance, a loan is the lending of money by one or more individuals, organizations, or other entities to other individuals, organizations, etc. The recipient (i.e., the borrower) incurs a debt and is usually liable to pay interest on that debt until it is repaid as well as to repay the principal amount borrowed. The document evidencing the debt (e.g., a promissory note) will normally specify, among other things, the principal amount of money borrowed, the interest rate the lender is charging, and the date of repayment. A loan entails the reallocation of the subject asset(s) for a period of time, between the lender and the borrower. The interest provides an incentive for the lender to engage in the loan. In a legal loan, each of these obligations and restrictions is enforced by contract, which can also place the borrower under additional restrictions known as loan covenants. Although this article focuses on monetary loans, in practice, any material object might be lent. Act ...
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Daet
Daet (), officially the Municipality of Daet ( bcl, Banwaan kan Daet; tl, Bayan ng Daet), is a 1st class municipality of the Philippines, municipality and capital of the Philippine Province, province of Camarines Norte, Philippines. According to the 2020 census, it has a population of 111,700 people. The municipality is a popular surfing spot among surfers worldwide. It is also home to the annual Daet International Aerosports Show which is first held in 2013. Daet is from Manila. Etymology The name ''Daet'' was derived from the Bikol word ''dai-daitan'' which means, ''close to each other''. ''Daet'' also originated from ancient Bicol term ''daet'' which, according to the first Bicol Spanish Dictionary ''Vocabulario de la Lengua Bicol'' authored by Fray Marcos de Lisboa, would mean "to make friend" or "to be reconciled". History Pre-colonial period Daet was already an old community even before the discovery of the Philippines by Ferdinand Magellan, Magellan in 1521. An anc ...
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Camarines Norte
Camarines Norte ( bcl, Amihanan na Camarines; fil, Hilagang Camarines), officially the Province of Camarines Norte, is a Provinces of the Philippines, province in the Philippines located in the Bicol Region in Luzon. Its capital is Daet, Camarines Norte, Daet. The province borders Quezon to the west, Camarines Sur to the south, and the Philippine Sea to the north. It has historically been a Bikol speaking region. However, there has been a language shift in recent years to Tagalog, which is more commonly used nowadays. History In 1573, Bicol Region, Bicol province was founded. From Bicol, the province of Camarines was created in 1636, which was divided in 1829, creating Camarines Norte and Camarines Sur. They were briefly merged from 1854 to 1857 into Ambos Camarines (''ambos'' is Spanish for "both"). They were merged into Ambos Camarines once again in 1893. The province was divided into Camarines Norte and Camarines Sur once again in 1917. When Camarines Norte was separated from ...
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