The Department of Energy (DOE) has signed an agreement with Pilipinas Shell Petroleum Corp. (PSPC) and Shell Energy Philippines, Inc. (SEPH) for the conduct of a pilot electric vehicle (EV) charging station inquiry run by renewable energy (RE) sources such as solar.
Vehicle sales of member companies of the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and the Truck Manufacturers Association (TMA) slipped slightly in 2025, revealing a market split between weak passenger car demand and resilient growth in commercial vehicles and electrified models.
Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona said the peso is unlikely to weaken to ₱60 per US dollar in the near term, even as the central bank remains cautious about further interest rate cuts, which he said was a “maybe” rather than a certainty.
D&L Polymer and Colours Inc. (DLPC), a unit of listed D&L Industries, has developed 100 percent abaca pellets that can be used as an alternative to plastic in products such as furniture and household items.