Toyota Motor Philippines Corp. (TMP) expects local production to ease to about 60,000 units this year from roughly 63,500 units in 2025, as rising Tamaraw output fails to fully offset lower Vios and Innova volumes.
Toyota Motor Philippines Corp. (TMP) continues to drive momentum with the Next-Generation Toyota Tamaraw, reporting strong sales of 15,387 units in less than a year.
The impressive run of Alex Eala at the Prudential Hong Kong Open ended with a painful thud on Sunday, as a troublesome right leg proved a bigger opponent than she could handle in the championship match.
Filipino households and businesses can look forward to significant relief at the pumps this week, with a major downward adjustment in fuel costs forecast following five consecutive weeks of mixed price trends.
Chemical maker D and L Industries Inc. is more hopeful about next year following the US midterm elections, which have raised hopes for an end to the Iran conflict, lower oil prices and a stronger peso. President Alvin Lao cited these as clear positives, though he warned that damaged supply chains, a severe El Niño and domestic political tensions remain key concerns.
AyalaLand Logistics Holdings Corp. (ALLHC) sharply improved its earnings in the third quarter, with net income of P62 million helping narrow its nine-month profit decline to 9 percent as industrial lot sales gained traction and cold storage operations expanded.