Tag: Rodrigo Duterte

The Department of Trade and Industry (DTI) is urging Vietnamese automaker VinFast to consider establishing manufacturing operations in the Philippines, as the government accelerates plans for a comprehensive electric vehicle (EV) incentive program.

Cebu-based snack manufacturer Prifood Corp has partnered with COREnergy, the retail electricity arm of Vivant Energy, to supply power to its manufacturing operations in the Philippines.

Prime Energy, the gas exploration arm of Prime Infrastructure Capital Inc., says it is confident it will deliver the  first gas from the Malampaya Phase 4 (MP4) project by the fourth quarter of 2026, staying on schedule based on current progress.

The administration of President Ferdinand R. Marcos Jr. says the Philippines remains on track to achieve upper middle-income status and further cut poverty rates within the President’s term, even as global uncertainties weigh on growth prospects.