GOINGS ON: HK luxury yacht dealer Asia Yachting sails into PH

Hong-Kong based yacht company Asia Yachting is expanding its dealership and brokerage business to Philippine shores to give Filipinos a chance to experience its top-of-the-line products and services.

“With its more than 7,100 islands, beautiful waters, and warm weather, the Philippines is a haven for watersports as well as an exciting destination for sailing and yachting—comparable to other prime locations in the region and around the world,” said Olivier Besson, Asia Yachting CEO.

“Filipinos are naturally drawn to the water regardless of age or socio-economic status, and we look forward to offering our brands to this new and promising market,” he continued.

Founded in 2007, Asia Yachting has established itself as a trusted brand in Asia, with services covering new boat ownership, brokerage, and boat management.

According to Bianca Jison, Asia Yachting Philippines sales director, their products fit every taste and budget. “When it comes to new boats, we only offer vessels from world-famous shipyards from Italy, France, and the US that are functional, versatile, and beautifully made. Our vast selection of used yachts from Hong Kong also offer excellent value for money as they are in generally well maintained with low engine hours, making them perfect for resorts or first time owners.”

For more information about Asia Yachting and its products, please visit its website www.asiayachting.net.

EasyDebit celebrates significant growth

Fexco EasyDebit, one of the Philippines’ most innovative fintech solutions, has marked a significant period of growth, having processed over P1 billion in transactions since its launch in 2017.

The growth is further reflected in increases in cash withdrawal amounts (up 466 percent in 2018 vs 2017) and transaction volume (up 375 percent in 2018 vs 2017).

EasyDebit is a unique service that uses a mobile Point of Sale (or mPOS Pin Entry Device) and a mobile phone allowing customers in the Philippines to withdraw cash using their ATM card at any number of local accredited merchants including; payment and remittance centers, retailers, rural banks and cooperatives instead of having to travel to an ATM.

Speaking about the growth seen by EasyDebit, Ann Chan Foley, CEO at Fexco Philippines, Inc., commented, “2018 represents a significant year for the business. We have seen hugely positive growth trends across the county in terms of transaction volume, value and merchant growth demonstrating the robustness of the solution. We are excited to continue this growth in 2019 as we further expand the EasyDebit network helping to reach more unbanked and underserved Filipinos.”