BMWs to be used by world leaders in APEC meet

[johnjob]

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Gov't receives BMWs to be used by world leaders in APEC meet | Headlines, News, The Philippine Star | philstar.com


MANILA, Philippines - The Philippine government on Wednesday received the initial batch of BMW cars to be used during the Asia-Pacific Economic Cooperation (APEC) leaders' meeting here in November.

In a symbolic ceremony at the Malacañang grounds, the Asian Carmakers Corporation (ACC) turned over the vehicles to Executive Secretary Paquito Ochoa Jr. and the APEC National Organizing Council.

The official importer and distributor of BMW in the Philippines, the ACC will be providing a fleet of over 200 BMW 5 Series and 7 Series vehicles that will be used to transport ministers and world leaders during this year's ministerial-level meetings and during the APEC Economic Leaders' Meeting.

During the turnover ceremony, Ochoa said the Philippine hosting of APEC supports the government's efforts in driving economic growth here and in the region by building sustainable and resilient economies, promoting investments in human capital development, encouraging the participation of small and medium enterprises in regional and global markets, and enhancing the economic integration of the region.

"The Philippine hosting of APEC will culminate in Manila during the Economic Leaders Meeting in November, in which Asian Carmakers Corporation will be the exclusive partner and provider of vehicles for our world leaders whom we are proud to host and provide only with the best of the best that the country has to offer," Ochoa said.

"May this ceremony serve as a reminder of our partnership, one which is strongly committed to becoming a driving force in 'Building Inclusive Economies, Building a Better World,'" he added, citing this year's APEC theme.

Grabeha..an kapolisan tagaan lang tawon ug OVERPRICED KIA 1.9 M.

[<SMILE>]

Pila na pud kahay presyo ana,
tingale ug pang Ferrari o Pang-Lamborghini na pud tingale.
Daghan gyud kaayong purchases ug mga projects himoon kung magsingabot na ang election.

Inig human sa APEC meeting asa na man pud kaha padulong nang mga sakyanana nga puwerte mang daghana ana.

[makal34]

for sure over over over the price...murag mas mahal pa cguro sa ferrari

[Don Manoah]

Pila na pud kahay presyo ana,
tingale ug pang Ferrari o Pang-Lamborghini na pud tingale.
Daghan gyud kaayong purchases ug mga projects himoon kung magsingabot na ang election.

Inig human sa APEC meeting asa na man pud kaha padulong nang mga sakyanana nga puwerte mang daghana ana.

adto na pud na mga maayong kamot boss mopadung.

[johnjob]

Almost 50,000 dollars

50,000x44.52=2.2M duol-duol gamay sa KIA 1.9M
2.2x200=440M

[rics zalved]

makahinumdum man pud ta sa mga lamp posts ani tsk tsk ts....

[salbahis]

makahinumdum man pud ta sa mga lamp posts ani tsk tsk ts....

ang lamp post, may tong i pos2 sa ulo sa mga boang... pero ok ra atleast na putlan nag tiil ang usa...

[<SMILE>]

exactly. are they just going to resell these cars afterwards ??

or what exactly is the deal between our government and BMW ?? did the government buy all this sh8t ??

Okay ra tingale Boss,
ipahuwam ra man pud diay.

The cars -- including the BMW 5 and 7 series, which cost P3.5 million and P5.5 million apiece -- will be used for meetings from May to November this year, Maricar C. Parco, president of Asian Carmakers Corp., the official importer and distributor of BMWs in the country, said.

“The use is for free... BMW is really keen on partnerships on leadership meetings such as this and we wanted to be the provider for these leadership meetings and after which, we are reselling the cars anyway,” she told reporters on the sidelines of the ceremonial turnover of the BMW vehicles in Malacañang.

BusinessWorld | BMWs to be used for free for APEC summit

[rics zalved]

maayo kay ingon ana, unya mas reusable ang cars compared sa lamp posts nga karon nangapundir na lol

[spartan301]

BMW has long been d official car of APEC.. Even before pnoy's term...
And this has greatly boosted our image specially now that we are an investment grade country..

On the business side, "Peping" got rewarded with the Kia k2 purchases...
Plus, after apec these cars will be sold with a discount of between 500k to 1m..
Everybody happy...

This is business in politics... Not everyone gets a share of the pie...