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Gov’t seeks global partners for Mindanao Railway

The Philippines is reaching out to India and other international partners to secure financing for the Mindanao Railway Project, following the withdrawal of earlier financial support from China.

Semirara questions DOE bidding rules, cites harm to industrial policy success 

Semirara Mining and Power Corporation has challenged the Department of Energy’s latest bidding rules, warning that the revised guidelines undermine the national government's intent to foster long-term industrial productivity and resource stability.

GoTyme pushes mandatory open finance to promote banking competition

GoTyme Bank is calling on the government to mandate open finance in the Philippines, arguing that resistance from established lenders is limiting consumers’ control over financial data and restricting access to affordable credit.

Toyota unveils Tamaraw MPUV, expands electrified vehicle lineup

Toyota Motor Philippines (TMP) will highlight its locally manufactured Tamaraw public transport platform and expanding electrified vehicle lineup at two automotive exhibitions from October 22 to 24 at the SMX Convention Center in Pasay City, reflecting its dual focus on commercial mobility and vehicle electrification.

DTI helps MNEX fast-track ₱180M Batangas manufacturing plant 

The Department of Trade and Industry (DTI) is working to accelerate the launch of Singaporean manufacturer MNEX’s P180-million precision manufacturing facility in Batangas, with production targeted to begin in early 2027.

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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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