Gogoro Philippines, the local unit of the Taiwan-based mobility company distinguished by its battery-swapping electric scooters, said its units are exempt from the recent Metro Manila Development Authority (MMDA mandate banning a broad range of e-vehicles from the streets of Metro Manila.
A group of lawyers claiming to advance the interest of commuters surfaced on Friday to denounce the bid by Grab Philippines to have itself listed as fourth participant in the ongoing motorcycle taxi program.
Some 1.5 million new jobs were seen created as a result of adjustments allowing full foreign ownership of enterprises in the renewable energy sector using 2022 data, Department of Energy (DOE) officials told legislators inquiring into the wisdom of relaxing the economic provisions in the Constitution on Thursday.
The Motorcycle Taxi Technical Working Group, earlier reported to have serious doubts on the practical inclusion of Grab Philippines in the ongoing pilot testing of the service in cities around the country, has issued a clarification saying the ride-hailing super-app had been part of the program all along and had in fact been informed of its inclusion just days before Christmas last year.
EastWest has expanded its EasyWay digital banking app to let Filipinos open savings accounts and apply for credit cards entirely from mobile devices, removing traditional hurdles to accessing financial services.
GCash, the fintech platform used by 49 million Filipinos or 42% of the population, remains in the early stages of development with significant room to expand into banking and other financial services, according to a senior business adviser.
The Luzon Economic Corridor (LEC) can give investors a head start by plugging them into 218 established economic zones and 1,777 locator companies already operating along the Subic-Clark-Manila-Batangas corridor, according to the Philippine Economic Zone Authority (PEZA).
The Securities and Exchange Commission (SEC) has granted regulatory approval for two key transactions: the direct public offering (DPO) of Allied Care Experts (ACE) Medical Center - Pateros Inc. and the rental pool program of Arthaland Corp., a leading property developer.