FAWCAR held the Philippine launch event for JOYEE, its mid-to-high-end new energy vehicle brand, at the World Trade Center Metro Manila. The event marked the grand debut of three key models: the JOYEE S04, S08 and N09. The pure electric urban SUV JOYEE S04 is priced starting at ₱1,188,000; the JOYEE S08 full-size hybrid SUV is priced starting at ₱1,628,000; and the JOYEE N09 flagship B+ segment coupe, available in range-extended electric (REEV) and battery electric (BEV) versions, is priced starting at ₱1,968,000. Designed to meet the diverse needs of different families, these three models mark a new chapter in JOYEE’s commitment to the Philippine market. With over 70 years of automotive manufacturing heritage and cumulative production and sales exceeding 65 million vehicles, FAW has established a strong presence in the global automotive industry. As a wholly owned subsidiary of FAW, FAWCAR builds on the Group’s extensive automotive expertise and technological heritage. Its portfolio i...
New GASA Research: 71% of Adults Surveyed Across 13 Asian Markets Encountered Scams, with Estimated Losses of US$136.5 Billion
New research from the Global Anti-Scam Alliance (GASA), developed in collaboration with Gogolook, the developer of Whoscall, reveals the scale and impact of scams across Asia. Among adults surveyed in 13 Asian markets, 71% encountered a scam in the past year. The study estimates that consumers across those markets lost a combined US$136.5 billion to scams over the same period. The State of Scams in Asia 2026 report, based on a survey of 17,460 adults, also identifies a gap between confidence and outcomes. While 66% of respondents said they were confident in their ability to recognize scams, 62% of those who encountered one interacted with it. Among respondents who interacted with a scam, 26% lost money. The findings are being released ahead of the Global Anti-Scam Summit Asia 2026, taking place in Bangkok on 10–11 November. Following previous editions in Taiwan and Singapore, the summit will be held in Thailand for the first time, bringing together leaders from across sectors to s...