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.

For nearly two decades, Visaya has built its business the traditional way, by mastering processes, developing specialized talent, and earning the trust of global clients one contract at a time.

Philippine financial markets are entering a pivotal week as investors weigh a heavy lineup of economic data, corporate earnings, and global developments that could shape sentiment and expectations for monetary policy.

Holcim is selling its Philippine operations to China-based Huaxin Building Materials in a transaction valued at USD807 million, marking a major shift in the ownership landscape of one of the country’s biggest cement producers.

The Department of Agriculture (DA) confirmed Sunday that agricultural goods worth P800,000 have been sent from Davao to Saudi Arabia.

OceanaGold Philippines Inc. (OGPI) has allocated P768.43 million under its Final Mine Rehabilitation and Decommissioning Plan (FMRDP) for the Didipio gold and copper mine that spans Nueva Vizcaya and Quirino provinces. In a statement released Sunday, the listed mining firm confirmed that P551.4 million has already been placed in a trust fund. The company said the fund will keep growing in line with required annual contributions as it moves forward with rehabilitation and closure preparations while the mine remains active.

The Energy Regulatory Commission (ERC) has granted the National Transmission Corporation (TransCo) provisional authority to collect a higher Feed-in Tariff Allowance (FIT-All) rate starting this month. The rate will rise to P0.3359 per kilowatt-hour (kWh) from the existing P0.2011 per kWh, marking an increase of P0.1348 per kWh. This adjustment covers the approved working capital allowance (WCA) rate update.

Listed Manila Electric Co., the country’s largest power distributor and better known as Meralco, on Sunday said it will immediately comply with the Energy Regulatory Commission's (ERC) directive to refund about P9.5 billion to customers, backing the government's push to deliver quicker and more transparent electricity bill relief.

The Philippine Chamber of Commerce and Industry (PCCI) said the government's plan to scrap systems loss charges and the value-added tax (VAT) on electricity bills should serve as a springboard for broader reforms aimed at lowering power costs and improving the country's investment competitiveness.