Mitsubishi eyes Philippines hybrid output ahead of incentives
Mitsubishi Motors Corp. plans to produce a new hybrid electric vehicle (HEV) at its Philippine unit’s Santa Rosa, Laguna plant by mid-2028, signaling a major vote of confidence in the country’s still-evolving electric vehicle policy framework.
AdventEnergy powers Frabelle Facilities with aggregated supply deal
AdventEnergy, the retail electricity arm of Aboitiz Power Corporation, has completed the aggregation of two facilities owned by Frabelle Cold Storage Corporation in Navotas, with a combined capacity of 746 kilowatts.
Philippine inflation hits 4.1% on rising costs
Headline inflation in the Philippines accelerated to 4.1 percent in March, the fastest pace since July 2024 when inflation hit 4.4 percent, driven by higher food prices and surging fuel costs, according to data released Tuesday by the Philippine Statistics Authority.
Startup Nascent gains global battery recognition
A Philippine breakthrough in energy technology is drawing global attention, as Nascent Technologies Corp. secures a place in the Volta Foundation’s Annual Battery Report 2025, according to the Board of Investments (BOI).
Clark poised to exceed 2026 investment target of P12.35B
The Clark Development Corp. (CDC) expects to surpass its P12.35-billion investment target for 2026, buoyed by strong early commitments and sustained investor interest, a senior official said.
