Tag: Filinvest Development

The government will tap P4.081 billion in savings from the Department of Public Works and Highways’ 2025 budget to settle overdue automotive manufacturing incentives, including about P1.5 billion owed to Toyota Motor Philippines Corp. under the Comprehensive Automotive Resurgence Strategy.

The US is reviewing new Philippine safeguards against forced-labor imports as negotiations continue over Washington’s 12.5-percent tariff, while the Department of Trade and Industry said only about 30 percent of Philippine exports to the US are covered by the levy.

The Department of Human Settlements and Urban Development has indefinitely suspended the deadline for homeowners’ associations to amend their bylaws, giving organizations more time as the government reviews rules governing the sector.

Green GSM is pushing deeper into the Philippine ride-hailing market with an electric premium taxi service, seeking to carve out a higher-value niche as competition shifts from fares toward comfort, capacity, and service.