Transport & Communications
Auto parts makers sound alarm bells after budget veto
Philippine auto parts manufacturers are warning that the veto of funding for the Comprehensive Automotive Resurgence Strategy (CARS) could accelerate the decline of the country’s already fragile automotive manufacturing sector.
2GO upbeat on 2026 as logistics demand grows
2GO, one of the Philippines’ leading logistics companies, is optimistic about its outlook for 2026 as it continues to expand its freight, express delivery, and sea travel operations.
Competition Commission clears Ayala Logistics power play
The Philippine Competition Commission (PCC) has given the green light to a strategic joint venture between listed conglomerate Ayala Corp. and EMIF II Holding III B.V., clearing the latter’s acquisition of a roughly 40 percent stake in AC Logistics Holdings Corp.
Toyota urges sustained gov’t support for CARS program
Following the veto of the budget for fiscal support to the Comprehensive Automotive Resurgence Strategy (CARS) program, Toyota Motor Philippines (TMP) underscored the need for sustained government backing to ensure the country’s competitiveness in the automotive manufacturing sector.
PPA sees record holiday travel, over 6M passengers
The Philippine Ports Authority (PPA) reported that more than 6.28 million passengers traveled through the country’s ports during the recent holiday season, the highest number in the agency’s 52-year history.
