Philippines courts hybrid export hub with Mitsubishi
The Department of Finance said Monday the Philippines is on track to produce its first locally manufactured hybrid vehicles, as Mitsubishi Motors Corp. advances plans to set up dedicated hybrid electric vehicle (HEV) production at its Philippine unit’s plant in Santa Rosa, Laguna.
Philippines pushes inclusive, resilient ASEAN finance agenda
As this year’s chair of the Association of Southeast Asian Nations (ASEAN), the Philippines will steer a round of financial talks, setting the tone for deeper regional cooperation to boost economic activity and expand financial inclusion across Southeast Asia.
NTA steps in to resolve tobacco pricing, grading issues
The National Tobacco Administration (NTA) has ordered its branch offices to quickly arrange talks between tobacco farmers and buyers whenever disputes arise, especially on grading and pricing.
DA links Mindoro farmers to institutional buyers for direct sales
The Department of Agriculture (DA) said at least eight institutional buyers are interested in directly purchasing agricultural products, particularly red onions, from farmers in Mindoro.
CDC drops fuel fee, eases Clark cost pressures
The Clark Development Corporation (CDC) has suspended its fuel royalty fee and rolled out support measures to cushion the impact of rising fuel costs on more than 1,300 locators and an estimated 150,000 workers in the Clark Freeport Zone.
