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.
DOE: Fuel prices set for big rollback next week
The Department of Energy (DOE) said fuel prices will go down next week, with minimum rollbacks estimated at ₱4.43 per liter for gasoline, ₱20.89 for diesel, and ₱8.50 for kerosene.
DOE to hold remaining ASEAN energy meetings online
The Department of Energy (DOE) said all remaining ASEAN energy meetings for 2026 will be held virtually to save costs and use resources more efficiently.
