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.
Lawmakers are pressing the Department of Budget and Management (DBM) to finally clear nearly P4 billion in government arrears owed to two major automakers under the Comprehensive Automotive Resurgence Strategy (CARS), a move seen as critical to restoring investor confidence in the Philippines’ industrial policy.
Millions of Filipinos suffer persistent heartburn and regurgitation that disrupts meals and sleep—problems that often continue despite daily medication, a condition called Refractory GERD.
Pepsi-Cola Products Philippines, Inc. (PCPPI) is growing its beverage range with the expanded Lipton Soda line—a sparkling tea that blends the well-known taste of Lipton iced tea with the light fizz of soda for a fun, refreshing experience.
PLDT Home has expanded its fiber network to Camotes Island, delivering reliable broadband to communities across San Francisco, Poro and Tudela. Known as the “Lost Horizon of the South,” the island is a popular tourist spot famed for its beaches and natural scenery.
The Philippines reported total external debt climbing to $154.93 billion as of end-June 2026, marking a notable jump from the $147.35 billion recorded just three months earlier. The increase brings the country's foreign obligations to 31.6 percent of its gross domestic product, up from 30.0 percent in the previous quarter, as borrowing outpaced overall economic growth during the period.