The Bank of the Philippine Islands (BPI) is accelerating its push into electric vehicle (EV) financing, with its loan portfolio climbing 18% to about P12 billion as of end–first quarter, buoyed by stronger demand and improving affordability.
Electric vehicle (EV) momentum is accelerating in the Philippines, with BYD Philippines doubling down on expansion as it banks on rising consumer interest, stronger sales and a cost-driven value proposition.
Chinese new energy vehicle powerhouse BYD is stepping harder on the accelerator in the Philippines, formally launching its premium marque Denza and signaling a broader Southeast Asian push.
Battery electric vehicles (BEVs) are poised to steal the spotlight from hybrids next year, as demand for new energy vehicles (NEVs) shifts into a higher gear in 2026.
BYD Cars Philippines wrapped up 2025 with its strongest performance yet, posting record retail sales of 26,122 units and clinching the title of the country’s fastest-growing automotive brand.
The world could soon look different in classrooms, newsrooms, and digital platforms after the United Nations backed a push to replace the familiar Mercator map with projections that more accurately show the relative size of countries and continents.
The Board of Investments (BOI) is putting key government requirements for investors into a single digital platform, aiming to make it easier to navigate permits, regulations, and procedures and reduce uncertainty in setting up projects in the Philippines.
Businesses are set to face a more targeted tax audit system as the Bureau of Internal Revenue (BIR) shifts taxpayer selection toward measurable compliance risks and tightens rules governing revenue examinations.
The Tourism Promotions Board (TPB) Philippines is urging the local meetings, incentives, conferences, and exhibitions (MICE) industry to turn growing opportunities for business events into actual bookings and broader economic gains as competition across the region intensifies.