Latest news with #CostPlus
GMA Network
22-07-2025
- Business
- GMA Network
Cost Plus eyes going global, seeks investors at HK battery tech expo
Cost Plus Inc. at the Battery Show Asia and Mobility Tech Expo in Hong Kong. Photo: Cost Plus Inc. Cost Plus Inc., a Filipino tech company focusing on building off-grid plants, is eyeing to expand to the global market, seeking foreign investors as it represented the country at the Battery Show Asia and Mobility Tech Expo in Hong Kong. In a news release on Tuesday, Cost Plus said it partnered with the Department of Trade and Industry (DTI) to represent the Philippines at the battery and energy storage technology expo held from July 15 to 17, 2025. Cost Plus showcased its energy innovation, Kidlat EV—a system designed to power underserved communities. 'It's not just about electricity… It's about enabling education, internet, clean water, and sustainable cooking in communities that need it most. We've proven it works here—and now we're scaling globally to help the 800 million people still without reliable energy,' said CostPlus founder and president Anand Mahtani. 'Bringing our products for the world to see—and seeing people's reactions—gives us immense validation,' he added. Cost Plus said its Kidlat EV system has already powered over 27,000 homes, schools, and community hubs in the Philippines, was among the expo's standout solutions. 'We're proving that Filipino innovation can improve lives, not just at home but across the globe,' said Mahtani. For his part, John Yzrael Nalda of the DTI Export Marketing Bureau said, 'This event creates new opportunities for Philippine companies to expand their reach and grow our exporter base.' Nalda said that 'organizers are now recognizing Southeast Asia as a key player in electric vehicles, critical minerals, and mobility solutions.' Likewise, DTI Hong Kong Vice Consul for Commercial Roberto Mabalot Jr. said the government's cited push to strengthen trade and technology ties in the region, adding that participating in global expos would help boost the economy through increased investment and job opportunities for Filipinos. — Ted Cordero/BM, GMA Integrated News
Yahoo
22-02-2025
- Business
- Yahoo
Mark Cuban says he's not running for president in 2028
Mark Cuban, the billionaire business mogul and 'Shark Tank' star, quashed speculation he will be making a White House run in 2028 — even as he has become a prominent voice against Donald Trump's agenda in Washington. The Dallas Mavericks minority owner was asked if his name would be on a ballot in the near future at the Principles First convention, a gathering of conservatives who feel politically homeless in Trump's MAGA-fied version of the party. 'Hell no. It's not going to happen,' Cuban said, before joking to the crowd gathered at the JW Marriott in Washington, D.C., roughly three blocks from the White House, then quipped: "Okay, if y'all write in and I don't have [a campaign].' 'No, I don't want to be President. I'd rather fuck up health care,' a nod to the Cost Plus drug company he recently launched. Cuban has teased a presidential run in the past, exploring running as an Independent in 2020 and hiring a pollster to assess his prospects. He ultimately decided against it and threw his support behind Joe Biden. Some recent polling has even included his name in a list of 2028 candidates that had him notching some support in a crowded field. Cuban served as a surrogate for Vice President Kamala Harris' presidential campaign and stumped for her in key swing states like Nevada and Wisconsin. 'I mean, it's kind of fun, actually,' Cuban said. 'I learned that the Democrats can't sell shit.' He later added that if Democrats want to learn how to sell their ideas to the American public, they should look to Trump as an example. 'It doesn't mean … he can execute on that,' Cuban said. 'Right now, he's still in the salesmanship stage, and I think now people are starting to ask, alright, it's great to sell it now, can you execute on it?' "Donald Trump puts PR over policy. He doesn't want to govern. He wants to sell," Cuban added. Cuban doesn't believe Trump will actually deliver on his litany of campaign promises, and that should be a boon for Democrats — if they can effectively make the case. He criticized Democrats for being 'too reflexive' to Trump's whims — a tactic they tried in 2024 when Harris emphasized Trump as a threat to democracy. 'I think there's too much reflexology. 'Trump sucks,'' Cuban said. 'How'd that work in the campaign? It didn't.'
Politico
22-02-2025
- Business
- Politico
Mark Cuban says he's not running for president in 2028
Mark Cuban, the billionaire business mogul and 'Shark Tank' star, quashed speculation he will be making a White House run in 2028 — even as he has become a prominent voice against Donald Trump's agenda in Washington. The Dallas Mavericks minority owner was asked if his name would be on a ballot in the near future at the Principles First convention, a gathering of conservatives who feel politically homeless in Trump's MAGA-fied version of the party. 'Hell no. It's not going to happen,' Cuban said, before joking to the crowd gathered at the JW Marriott in Washington, D.C., roughly three blocks from the White House, then quipped: "Okay, if y'all write in and I don't have [a campaign].' 'No, I don't want to be President. I'd rather fuck up health care,' a nod to the Cost Plus drug company he recently launched. Cuban has teased a presidential run in the past, exploring running as an Independent in 2020 and hiring a pollster to assess his prospects. He ultimately decided against it and threw his support behind Joe Biden. Some recent polling has even included his name in a list of 2028 candidates that had him notching some support in a crowded field. Cuban served as a surrogate for Vice President Kamala Harris' presidential campaign and stumped for her in key swing states like Nevada and Wisconsin. 'I mean, it's kind of fun, actually,' Cuban said. 'I learned that the Democrats can't sell shit.' He later added that if Democrats want to learn how to sell their ideas to the American public, they should look to Trump as an example. 'It doesn't mean … he can execute on that,' Cuban added. 'Right now, he's still in the salesmanship stage, and I think now people are starting to ask, alright, it's great to sell it now, can you execute on it.' Cuban doesn't believe Trump will actually deliver on his litany of campaign promises, and that should be a boon for Democrats — if they can effectively make the case. He criticized Democrats for being 'too reflexive' to Trump's whims — a tactic they tried in 2024 when Harris emphasized Trump as a threat to democracy. 'I think there's too much reflexology. 'Trump sucks,'' Cuban said. 'How'd that work in the campaign? It didn't.'
