Battery electric vehicle (BEV) adoption in the Philippines could accelerate dramatically toward the end of the decade, with penetration potentially reaching as high as 50 percent by 2030, according to industry projections shared at a mobility symposium in Taguig City.
The central banks of the Central Bank of the United Arab Emirates and the Bangko Sentral ng Pilipinas have signed a Memorandum of Understanding (MoU) to strengthen financial cooperation and support stronger trade between the United Arab Emirates and the Philippines.
Grab Philippines has launched Southeast Asia’s largest green transport coalition, aiming to help ride-hailing drivers shift to electric and hybrid vehicles through more affordable and easier financing options.
The British envoy to the Philippines reaffirmed the United Kingdom’s commitment to deepening economic ties, highlighting strong fundamentals and reform momentum driving growing confidence among UK investors.
MPower, the retail electricity arm of Manila Electric Company, has signed an agreement with Rustan Coffee Corporation to supply electricity to selected Starbucks branches in Metro Manila.
The United Kingdom’s move to ease trade rules under its Developing Countries Trading Scheme (DCTS) is set to boost Philippine export competitiveness while strengthening the country’s push to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, according to British Ambassador Sarah Hulton.
President Ferdinand Marcos Jr. has approved a one-month extension for the filing of 2025 Annual Income Tax Returns (AITRs), moving the deadline from April 15 to May 15, 2026, in a bid to ease compliance and give taxpayers more preparation time.
In a first-time clash at the Porsche Tennis Grand Prix, a WTA 500 event, Canada’s Leylah Fernandez showcased experience and firepower to outplay Philippine rising star Alex Eala, 6-1, 6-4, in a match that doubled as a crash course on clay-court tennis.
The Maynilad Water Services Inc. is stepping up efforts to expand its “New Water” program to ensure a more reliable and climate-resilient water supply.