ADB downgrades Philippine growth outlook amid global risks
The Asian Development Bank (ADB) has trimmed its growth forecast for the Philippines, underscoring mounting global uncertainty driven largely by the ongoing conflict in the Middle East.
Government readies EV incentives to spur investments
The Philippine government is finalizing a P60-billion fiscal incentive package under its proposed Electric Vehicle Incentive Strategy (EVIS), aiming to accelerate investments in next-generation automotive manufacturing.
PhilWeb steps up push to lead PH regulated gaming tech space
PhilWeb Corporation is ramping up efforts to cement its role as a key technology provider in the country’s rapidly evolving regulated gaming industry, signaling a more aggressive push into infrastructure and governance support.
President Marcos rolls out transport aid as fuel costs rise
President Ferdinand Marcos Jr. on Thursday unveiled a package of transport support measures to cushion commuters and public utility vehicle (PUV) operators from the impact of surging global oil prices, amid renewed tensions in the Middle East.
Toyota flags scale, flexibility concerns after RACE axed
The decision to scrap the Revitalizing the Automotive Industry for Competitiveness Enhancement (RACE) program has drawn a measured response from Toyota Motor Philippines Corp. (TMP), the country’s largest vehicle assembler, which had been preparing for the initiative’s rollout as early as last year.
