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Transport operators gain access to P3M EV loans

Licensed transport operators and drivers will soon be able to access financing of up to P3 million per unit as they transition from traditional vehicles to electric alternatives, Trade Secretary and Small Business Corp. (SBCorp) Chair Cristina Roque said Friday.

PTAA unveils tourism drives to boost jobs 

The Philippine Travel Agencies Association (PTAA) is rolling out a pair of initiatives designed to stimulate domestic tourism and generate livelihoods, as the industry contends with rising fuel costs and evolving travel demand.

MARINA issues new rules to boost domestic ship officers, simplify seafarer certification

The Maritime Industry Authority (MARINA) has released new guidelines aimed at increasing the number of qualified officers on domestic vessels and simplifying certification processes for seafarers.

Coins.ph  introduces rewards to boost user engagement

Coins.ph, the Philippines’ largest digital asset exchange and one of its fastest-growing mobile wallets, has introduced a points-based rewards program aimed at deepening user engagement through everyday transactions.

Marcos suspends LPG, kerosene excise taxes for relief

President Ferdinand R. Marcos Jr. has issued the executive order suspending for three months the excise taxes on liquefied petroleum gas (LPG) and kerosene that aimed at cushioning households from elevated global oil prices amid an ongoing energy emergency.

Just in

PhilExport urges MSMEs to turn trade deals into export wins

The Philippines must do more than sign trade deals—it must help smaller businesses turn them into export sales, Philippine Exporters Confederation Inc. (PhilExport) President Sergio Ortiz-Luis Jr. said.

DA asks Senate to back P198.4-B 2027 budget to protect farmers, secure food

The Department of Agriculture is urging lawmakers to approve its P198.4-billion proposed 2027 budget, noting farmers and fisherfolk now face rising costs, climate risks, and global economic pressures.

DOE stands firm on new coal bidding rules to bolster national energy strategy 

The Department of Energy will proceed with its updated bidding rules for brownfield coal resource areas despite opposition from key industry player Semirara Mining and Power Corp. Energy Secretary Sharon Garin affirmed that the revised terms will apply uniformly to all prospective bidders, as the government seeks to prioritize domestic fuel supply over foreign exports.

Vingroup plans $500M EV plant in Philippines, EVIS role unclear

The Department of Trade and Industry (DTI) said Wednesday that the proposed plant would have an initial annual production capacity of 200,000 units, serving both domestic and export markets. Construction is targeted to begin in the first quarter of 2027, with completion expected within 12 to 18 months.
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