The Philippines’ P60-billion Electric Vehicle Incentive Strategy (EVIS) is opening new opportunities for local automotive parts makers as the industry eyes a bigger role in electric vehicle production and commercial EV exports.
AirAsia Philippines has rolled out a special fare promotion with one-way base fares starting as low as P188 for select domestic and international routes, aiming to encourage more people to travel.
The Philippine Economic Zone Authority (PEZA) has formalized the P967-million expansion of the Suntrust Ecotown Tanza-Special Economic Zone in Cavite, adding more industrial land as the government ramps up efforts to attract export-oriented investments and manufacturing projects.
Kia Philippines is expanding its financing options through a partnership with UnionBank of the Philippines, offering customers installment payment plans of up to 36 months as automakers intensify efforts to make vehicle ownership more affordable amid cautious consumer spending.