Senator Sherwin Gatchalian on Monday pushed a new package of non-fiscal incentives, including zero-interest loans, to accelerate the country’s transition to electric vehicles (EVs), citing risks from heavy dependence on Middle East oil.
The Philippine Competition Commission (PCC) has raised concerns over structural and operational barriers that continue to dampen genuine competition in the country’s retail electricity market, following a strategic policy dialogue with the Independent Electricity Market Operator of the Philippines (IEMOP).
DP World is strengthening supply chain efficiency between Japan and the Philippines for Ichijo Komuten Co., Ltd. by leveraging a revived direct shipping route that improves the flow of prefabricated housing materials.
The Philippines is expected to sustain steady economic growth through 2027 despite fallout from the Iran conflict, though inflation could rise toward the upper end of the government’s 2–4 percent target, the ASEAN+3 Macroeconomic Research Office said.