Toyota Motor Philippines Corp. (TMP) continues to drive momentum with the Next-Generation Toyota Tamaraw, reporting strong sales of 15,387 units in less than a year.
The Asian Development Bank (ADB) has approved a USD500 million policy-based loan to boost the Philippines’ blue economy, marking its first major cross-sector initiative focused on national marine development.
Four of the country’s most influential business groups have thrown their collective support behind a proposed measure that would exempt electricity sales from the value-added tax (VAT), framing it as a decisive step toward reducing one of the Philippines’ most persistent economic burdens: high power costs.