Tag: Toyota Motor

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Toyota tops anew importer list

Toyota Motor Philippines has been named the country’s “Top 2 Importer” for 2025 after remitting a record P52.517 billion in duties and taxes, marking the company’s highest annual contribution since its operations began.

Toyota incentives shrink beside taxes, export muscle

Toyota Motor Philippines Corp. (TMP) has tapped P2.9 billion in tax payment credits under the government’s Comprehensive Automotive Resurgence Strategy (CARS) program, but the incentives pale beside the scale of the carmaker’s taxes paid and export footprint, according to government and industry data.

Next-Gen Tamaraw accelerates sales, expands exciting lineup 

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. 

GT Capital posts record 9-month earnings

GT Capital Holdings, Inc. reported a record core net income of P26.0 billion for the first nine months of 2025, up 21 percent year-on-year, fueled by strong performances from its key operating companies.

GT Capital banking, auto units boost Q1 profit

GT Capital Holdings, Inc., the Ty Group’s listed investment holding company, reported a consolidated net income of Ph9.14 billion for the first quarter, a 29 percent increase from the same period last year. The growth was largely driven by the strong performances of its core banking and automotive businesses.

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Batelec II greenlights competitive bidding for private sector partnerships

Batangas II Electric Cooperative Inc. (Batelec II) has approved a public bidding or Competitive Selection Process (CSP) to review proposals for private sector participation in its power distribution operations.

PSE targets over ₱200 billion in fundraising this year, led by Mynt IPO

The Philippine Stock Exchange (PSE) projects it will raise more than ₱200 billion in funds this year, marking a 41 percent increase from 2025, with the planned initial public offering (IPO) of GCash parent firm Mynt Inc. as the biggest contributor.

DA sets sights on making ube the next big export 

The Department of Agriculture (DA) is rolling out major policy changes to transform ube (purple yam) from a niche product into a leading global agricultural export, aiming to tap into the rising international demand for natural food ingredients.

Canada’s nuclear pitch powers Philippine energy goal

The Philippines is deepening talks with Canadian engineering and nuclear technology firm AtkinsRéalis as it explores civil nuclear power to bolster long-term energy security, support industrialization, and reduce dependence on imported fossil fuels.

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