AC Mobility said the shift to electric mobility in the Philippines is gathering pace as the company ramps up investments in infrastructure critical to supporting broader electric vehicle (EV) adoption.
The Philippine government has scrapped its long-planned Revitalizing the Automotive Industry for Competitiveness Enhancement (RACE) program, opting instead to fast-track a new incentive framework focused on electric vehicles, a senior investment official said.
The Department of Finance said Monday the Philippines is on track to produce its first locally manufactured hybrid vehicles, as Mitsubishi Motors Corp. advances plans to set up dedicated hybrid electric vehicle (HEV) production at its Philippine unit’s plant in Santa Rosa, Laguna.
Grab Philippines is accelerating its shift to eco-mobility, expanding the rollout of its GrabTaxi Electric service as electric vehicle (EV) adoption gains momentum across the country.
Taiwanese manufacturers of electric vehicle (EV) buses are exploring plans to establish a production facility in the Philippines, with a potential capital outlay of about USD25 million, the Philippine Economic Zone Authority (PEZA) said.
National Bureau of Investigation Director Melvin Matibag told the Senate impeachment court that the agency has identified persons of interest in its investigation into Vice President Sara Duterte's statement that she had contracted a hitman to assassinate President Ferdinand Marcos Jr., First Lady Liza Marcos and former House Speaker Martin Romualdez. During cross-examination, the defense questioned Matibag's impartiality, citing his appointment by Marcos and his wife's role as a lawmaker who signed the impeachment complaint. Matibag also testified that an American law enforcer told him threats against the US president typically result in immediate arrest under American law.
The Philippine Stock Exchange (PSE) has announced major updates to its criteria for companies joining the 30-member benchmark index, introducing a new market capitalization threshold and revised liquidity rules ahead of the February 2027 rebalancing period.
The Philippines and Japan established formal diplomatic ties in 1956, building a longstanding partnership centered on friendship, economic cooperation, and cultural exchange.
San Jose del Monte (SJDM) City in Bulacan has stepped up its emergency efforts as reduced allocations from the Metropolitan Waterworks and Sewerage System (MWSS) cut the local water district’s daily supply from 70 million liters to 45 million liters.