Tag: Mitsubishi Motors

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Mitsubishi readies P7B hybrid investment as EVIS nears

Transport & Logistics Context.ph Context.ph -
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 lands to importer revenue rank

Transport & Logistics Context.ph Context.ph -
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.

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ProGRESS auto tax plan brings mixed costs

Transport & Logistics 0
The Department of Finance’s (DOF) proposed automobile tax changes under the ProGRESS Bill could deliver sharply different impacts depending on the vehicle  and taxpayer, with higher taxes concentrated on luxury cars but a much broader increase affecting motorists, transport operators and businesses.

Makati Business Club warns growth may miss targets

Economy 0
The Philippine economy faces the mounting risk of falling short of official state growth targets this year, the Makati Business Club warned.

Agriculture damage rises to P3.62B; recovery possible for 71% of affected farmlands

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Damage to the agriculture sector from heavy rains and flooding caused by the enhanced southwest monsoon and Tropical Cyclones Luis, Maymay, and Neneng has climbed to P3.62 billion as of September 3, 12 noon, the Department of Agriculture (DA) confirmed. This is up from the P3.39 billion reported just 20 hours earlier on September 2 afternoon.

Areit names seasoned global finance executive Carballo as COO

Corporate Bulletins 0
Areit Inc., the real estate investment trust sponsored by Ayala Land Inc., has appointed Eduardo Javier P. Carballo as chief operating officer, effective September 7. The appointment bolsters the company’s leadership and financial capabilities as it advances its expansion and portfolio growth goals.

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