Philippine vehicle sales slipped 1 percent in the first 11 months of 2025, but industry leaders are betting on a strong December finish to push the market closer to record territory.
The Philippine automotive industry is closing 2025 with cautious optimism, as vehicle sales are widely expected to breach the long-elusive 500,000-unit mark and sustain growth into 2026.
The Philippines is tightening the screws on sellers of fake automotive parts, as the Chamber of Automotive Manufacturers of the Philippines (CAMPI) and the Intellectual Property Office of the Philippines (IPOPHL) sign a new memorandum of understanding aimed at purging counterfeit auto products from major e-commerce platforms.
US consumer prices rose more than expected in October, strengthening expectations that the Federal Reserve will raise interest rates next month, lifting yields and pressuring equities.
The Philippines remains hopeful of signing the master agreement for the proposed Pax Silica advanced manufacturing hub before yearend, with negotiations progressing and no major substantive issues threatening a deal, Trade Undersecretary Ceferino Rodolfo said.
Foreign direct investment (FDI) into the Philippines recorded a net inflow of $4.8 billion during the first eight months of 2026, dropping from the $5.9 billion registered in the same period last year, the Bangko Sentral ng Pilipinas (BSP) on Tuesday reported.
Yuchengco-led EcoSolar Energy Corp. (ESEC) announced that its 22.5 megawatt / 45 megawatt-hour Panitan Energy Storage Project in Capiz began testing and commissioning as a generation facility last week.