Range anxiety and steep upfront costs remain the biggest speed bumps to electric vehicle (EV) adoption among Philippine businesses, industry leaders said at the first B2B EV symposium hosted by VinFast Philippines last Friday, February 13, in Parañaque.
Electric vehicles are often framed as a clean break from the past. But for the Philippines, EVs will only thrive if the country first rebuilds what it has steadily lost: a strong automotive manufacturing base.
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 Ninoy Aquino International Airport (NAIA) is bracing for a major holiday rush, with up to 1.25 million air passengers expected to travel during the upcoming Undas observance.
The Bangko Sentral ng Pilipinas has denied central bank registration to five entities found operating as money service businesses without prior authorization. Under strict regulatory measures, the Monetary Board declared the five establishments disqualified from registering or legally operating in the country.
With the 49th ASEAN Summit set for November 16–18, 2026, the Civil Aeronautics Board (CAB) is advising the public and airlines to brace for possible flight schedule changes, airport adjustments, and heavier traffic around key areas.
The Bank of the Philippine Islands (BPI) is set to expand its sustainability efforts and mark a major milestone in its corporate history with a proposed ₱5-billion bond offering. Dubbed the BPI SIBOL Bonds, this issuance serves as the third tranche under the bank’s broader ₱200-billion bond and commercial paper program, with an option to increase the offer size based on demand.