The Manila Electric Co., the country’s largest power distribution better known as Meralco, and the Electric Vehicle Association of the Philippines (EVAP) are ramping up efforts to accelerate electric vehicle adoption, reaffirming a partnership seen as critical to building a sustainable transport future.
SM Prime Holdings Inc., one of Southeast Asia’s largest integrated property developers, is accelerating its push toward sustainable mobility, having installed 131 electric vehicle (EV) charging stations across its nationwide portfolio as of the first quarter.
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.
Jollibee Foods Corp., the Philippines’ largest fast-food chain, said it has secured regulatory approval in South Korea for its planned acquisition of All Day Fresh Co., Ltd., the company behind the “Shabu All Day” hot pot chain, marking a key step in expanding its presence in one of Asia’s most competitive dining markets.
Philippine Airlines (PAL) will launch a new nonstop flight between Manila and Chicago starting November 9, expanding its network in the United States. Chicago becomes PAL’s eighth U.S. and U.S. territory destination, alongside Honolulu, Los Angeles, San Francisco, Seattle, New York, Guam, and Saipan.
Relief measures for Philippine borrowers hit by the ongoing Middle East conflict may steady credit conditions but are likely to trim banks’ profitability, according to an April 16 report by S&P Global Ratings.