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Business leaders praise Marcos anti-graft push, seek reforms

Business leaders welcomed President Ferdinand R. Marcos Jr.'s renewed anti-corruption drive in his fifth State of the Nation Address, saying a stronger crackdown on graft could improve investor confidence, while urging the administration to match its message with reforms that make the Philippines more competitive.

Mitsubishi readies P7B hybrid investment as EVIS nears

Mitsubishi Motors Philippines Corp. (MMPC) is preparing to invest P7 billion in local hybrid electric vehicle production once the government formally rolls out the Electric Vehicle Incentive Strategy (EVIS), becoming one of the first automakers to publicly commit fresh capital under the proposed incentive program.

Philippines stuns Czechia for historic world lacrosse win

History rarely announces itself. Sometimes, it simply arrives with a final whistle.

Marcos spotlights tax cuts, energy, healthcare in SONA

President Ferdinand Marcos Jr. used his fifth State of the Nation Address on Monday to present an agenda centered on lowering household costs, strengthening energy security and accelerating infrastructure, signaling a renewed focus on economic resilience as global uncertainties persist.

Marcos Jr. targets lower electricity rates through nuclear power push and system loss charge cuts

President Ferdinand Marcos Jr. highlighted major energy reforms during his State of the Nation Address, focusing on adopting nuclear energy and removing system loss charges from electricity bills.

Just in

UP study backs Maharlika fund for chip industry

A University of the Philippines study is urging the government to consider using the Maharlika Investment Fund (MIF) to finance a dedicated semiconductor development fund that could help the Philippines move into higher-value segments of the global chip industry.

DTI targets CARS arrears settlement before EVIS rollout

The Department of Trade and Industry (DTI) is targeting the settlement of outstanding incentives under the Comprehensive Automotive Resurgence Strategy (CARS) program within the year before fully rolling out a new generation of automotive incentives, including the Electric Vehicle Incentive Strategy (EVIS).

CREBA urges housing reforms without hurting supply

The Chamber of Real Estate and Builders’ Associations (CREBA) is pushing for housing reforms that protect buyers while keeping homebuilding commercially viable, warning that excessive regulation and tax uncertainty could ultimately squeeze housing supply.

CHERRY strengthens IP protection as electronics business expands

CHERRY is tightening the protection of its intellectual property as the homegrown electronics brand expands beyond mobile phones into smart home devices and other consumer technologies sold increasingly through e-commerce.
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