Basic Energy rolls out electric transport ecosystem push
Basic Energy Corp. has launched an electric mobility initiative aimed at easing the public transport sector’s long-running exposure to volatile fuel prices, signaling a broader shift toward integrated, low-carbon transport solutions.
AEV unit challenges Malaysia fine over feed pricing
Aboitiz Equity Ventures Inc. said its indirect subsidiary is contesting a hefty penalty from Malaysian regulators over alleged anti-competitive behavior, pushing back against findings it says do not reflect its business practices.
Peso holds ground as USD tests technical ceilings
The peso is quietly reclaiming its footing, with the USD/PHP pair slipping for a second week (-0.3 percent) after a brisk four-week climb.
BYD Philippines ramps up EV push amid demand
Electric vehicle (EV) momentum is accelerating in the Philippines, with BYD Philippines doubling down on expansion as it banks on rising consumer interest, stronger sales and a cost-driven value proposition.
Gov’t targets 2027 to settle CARS dues
The government is aiming to fully settle its remaining obligations under the Comprehensive Automotive Resurgence Strategy (CARS) Program by 2027, according to Ceferino Rodolfo, managing head of the Board of Investments.
