Coherent eyes further PH expansion as AI demand grows
Global photonics company Coherent is exploring further expansion of its Philippine operations as surging demand for artificial intelligence, data centers, and semiconductors drives the need for advanced optical and connectivity technologies.
Mitsubishi Pajero poised for PH return after five-year absence
The Mitsubishi Pajero could return to Philippine roads after a five-year absence as Mitsubishi Motors prepares to roll out its redesigned flagship SUV across about 100 markets beginning fiscal 2027.
AIIB eyes $200M for Metro Manila Sponge City
The Asian Infrastructure Investment Bank (AIIB) has committed about USD200 million in potential financing for a Metro Manila “Sponge City” project designed to strengthen the capital region’s defenses against increasingly severe flooding.
BPI marks 175 years with worry-free auto loan offers, up to five years free insurance
The Bank of the Philippine Islands (BPI), on its 175th anniversary, is rolling out enhanced benefits under its BPI Auto Loan Dream More Deals to make car ownership simpler, more affordable, and free from unexpected costs. Eligible customers can now secure up to five years of complimentary car insurance alongside significant fee waivers and lower interest rates, designed to remove common financial concerns that come with owning a vehicle.
BIR moves to remove VAT on system loss charges
The Bureau of Internal Revenue (BIR) is preparing a circular to remove value-added tax (VAT) on allowable system loss charges, a move that could help lower electricity bills for consumers.
