A Chinese automotive engineering company is exploring a partnership to help develop a Philippine electric vehicle (EV) brand, signaling fresh momentum behind Manila’s drive to localize the country’s fast-growing EV industry.
The government is seeking to expand the P2-billion financing pool for a program helping public transport operators transition to electric vehicles (EVs), as demand grows among transport groups and delivery riders looking for cleaner and more cost-efficient mobility options.
Chinese steel giant Panhua Group is set to launch the first phase of its $1-billion integrated steel manufacturing project in the Philippines next month, marking one of the country’s biggest foreign industrial investments in recent years.
The Philippines is poised for another potentially record-breaking year in exports in 2026, buoyed by resilient global demand, expanding trade access, and continued strength in both electronics and agriculture, according to the Department of Trade and Industry (DTI).
FAST Logistics Group and Department of Trade and Industry Misamis Oriental have expanded their partnership to strengthen logistics support for micro, small, and medium enterprises (MSMEs) in Northern Mindanao, aiming to help local businesses reach wider markets and build more resilient supply chains.
The impressive run of Alex Eala at the Prudential Hong Kong Open ended with a painful thud on Sunday, as a troublesome right leg proved a bigger opponent than she could handle in the championship match.
Filipino households and businesses can look forward to significant relief at the pumps this week, with a major downward adjustment in fuel costs forecast following five consecutive weeks of mixed price trends.
Chemical maker D and L Industries Inc. is more hopeful about next year following the US midterm elections, which have raised hopes for an end to the Iran conflict, lower oil prices and a stronger peso. President Alvin Lao cited these as clear positives, though he warned that damaged supply chains, a severe El Niño and domestic political tensions remain key concerns.
AyalaLand Logistics Holdings Corp. (ALLHC) sharply improved its earnings in the third quarter, with net income of P62 million helping narrow its nine-month profit decline to 9 percent as industrial lot sales gained traction and cold storage operations expanded.