Tag: Net Income

Kia Philippines is expanding its product lineup with more sport utility vehicles while maintaining a balanced mix of internal combustion engine, hybrid and electric vehicles, reflecting a strategy that aligns with the realities of the Philippine market rather than a rapid transition to full electrification.

Business leaders welcomed President Ferdinand R. Marcos Jr.'s renewed anti-corruption drive in his fifth State of the Nation Address, saying a stronger crackdown on graft could improve investor confidence, while urging the administration to match its message with reforms that make the Philippines more competitive.

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.

History rarely announces itself. Sometimes, it simply arrives with a final whistle.