Tag: Toyota

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Ports, proximity shape Philippines’ diverging trade flows

The Bureau of Customs’ 2025 lists of top importers at the Port of Batangas and the Manila International Container Port (MICP) reveal more than a split in economic roles—they show how location dictates the direction, speed, and cost of trade.

Toyota ramps up localization, flags tariff gap 

Toyota Motor Philippines Corp. (TMP) is stepping harder on the gas of localization, lifting domestic sourcing to sharpen cost competitiveness while pressing policymakers to revisit tariff disparities under a key trade pact with Japan.

Ty urges deeper study of EV strategy

Proposals to launch electric vehicle (EV) manufacturing under the government’s Electric Vehicle Industrial Strategy (EVIS) must be examined more closely to ensure scale, sustainability, and industry alignment, according to Alfred Ty, chairman of Toyota Motor Philippines Corp..

Toyota eyes stability after market shock

The Philippine auto industry is entering 2026 with guarded expectations as lingering aftershocks from a turbulent second half of 2025 weigh on recovery prospects.

Toyota accelerates electric vehicle expansion for 2026

Toyota Motor Philippines Corp. (TMP) is ramping up its growth and electrification strategy, announcing plans to roll out five new models in 2026 as it builds on strong sales momentum and demand for locally-produced vehicles.

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Inflation seen rising as global oil prices push costs higher

Inflation in the Philippines likely increased in March, driven mainly by rising global energy prices linked to tensions in the Middle East, according to Moody’s Analytics.

DTI unveils P4B MSME fund, zero-collateral loans 

The Department of Trade and Industry on Monday launched a P4-billion MSME Business Fund to help small enterprises weather global uncertainties, including the ongoing Middle East crisis.

Petron leads sharp fuel hike; Jetti delays to cushion diesel impact

Fuel prices are set to increase this week as global oil costs remain high tensions in the Middle East.

Digital lender launches CIMB Prime with 3.5% interest rate and zero fees

CIMB Bank Philippines has introduced CIMB Prime, a new premium banking segment offering higher interest rates, reduced fees, and priority customer service for qualified clients.

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