The Department of Energy (DOE) is moving to cut red tape for electric vehicle (EV) charging stations, pushing for a joint memorandum circular with key government agencies to dramatically shorten permitting timelines as EV adoption gains momentum nationwide.
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 Philippine International Motor Show (PIMS) returns for its 10th edition from June 4 to 7 at the World Trade Center Metro Manila, spotlighting a decade of growth and transformation in the local automotive industry.
ACMobility has partnered with Robinsons Land Corporation to accelerate electric vehicle (EV) adoption in the Philippines through the rollout of more than 200 EV charging points across Robinsons Land properties nationwide starting this year.
The Philippines’ top automotive assemblers are aligning behind a phased, decade-long transition to electric mobility, backing the government’s goal of making electric vehicles account for 50 percent of the country’s vehicle fleet by 2040 under the Comprehensive Roadmap for the Electric Vehicle Industry.
Energy policy craftsmen are actively working to fulfill President Ferdinand Marcos Jr.’s directive to eliminate system loss charges from monthly electricity bills, pursuing a sustained policy push aimed at lowering energy costs across the country. The initiative targets both technical losses inherent in power distribution and non-technical losses caused by electricity theft, alongside the value-added tax (VAT) currently applied to these unconsumed kilowatt-hours.
ACEN Corp. posted a 411 percent jump in consolidated net income to P3.9 billion in the first half of 2026, from P763 million a year earlier, the Ayala Group energy firm said Tuesday.
To shield domestic livestock producers from market disruption caused by foreign supply spikes, the Department of Agriculture has activated special safeguard duties on select imported meat products. Issued under Department Order No. 24, series of 2026, by Agriculture Secretary Francisco Tiu Laurel Jr., the directive establishes temporary protective tariffs after government monitoring confirmed that incoming import volumes crossed official safety thresholds.
Jollibee Foods Corp. reported a 17 percent decline in first-semester net income this year, falling to P4.92 billion from P5.91 billion in the same period last year, even as a solid second-quarter performance could not offset earlier pressures.