Mitsubishi Motors Philippines Corp. is preparing for a bigger Philippine footprint, betting on locally produced hybrid vehicles, higher factory output, and stronger sales as it seeks to turn the country into a more important production and export base.
Mitsubishi Motors Philippines Corp. (MMPC) is preparing to invest P7 billion in local hybrid electric vehicle production once the government formally rolls out the Electric Vehicle Incentive Strategy (EVIS), becoming one of the first automakers to publicly commit fresh capital under the proposed incentive program.
Mitsubishi Motors Philippines Corp. has secured a spot among the country’s largest importers, ranking seventh on the Bureau of Customs’ Top 10 Importers list for 2025 after paying P13.19 billion in duties and taxes.
The peso’s slide beyond P63 against the US dollar is threatening to drive up Philippine manufacturing costs and fuel inflation, raising concerns as businesses brace for stronger Christmas-season demand.
Jollibee Philippines emerged as Advertiser of the Year at the SMARTIES Philippines 2026 Awards, taking home 10 honors for campaigns that combine artificial intelligence (AI), data analytics and creativity to drive consumer engagement and business impact.
The Department of Trade and Industry (DTI) has urged consumers to avoid panic-buying and hoarding, assuring the public that supplies of basic goods remain adequate and prices stable ahead of Christmas and the anticipated Super El Niño.
The Department of Environment and Natural Resources-Environmental Management Bureau (EMB) has scheduled a public scoping hearing on November 9, 2026, for DMCI Power Corporation’s proposed 15-megawatt coal-biomass power plant in Narra, Palawan, valued at P3 billion.