Taiwanese manufacturers of electric vehicle (EV) buses are exploring plans to establish a production facility in the Philippines, with a potential capital outlay of about USD25 million, the Philippine Economic Zone Authority (PEZA) said.
The government is planning to launch a carpooling program to help reduce transportation costs and traffic congestion amid rising fuel prices caused by tensions in the Middle East.
Ferdinand Marcos Jr. on Monday inaugurated a new segment of the Cavitex C5 Link, a 7.7-kilometer road project expected to reduce travel time between Parañaque and Taguig to about 15 minutes.
The Aurora Pacific Economic Zone and Freeport Authority (APECO) is accelerating preparations to operationalize its airport, with key infrastructure projects set for bidding in the coming months as it targets the start of commercial flights by the second quarter of 2027.