Tag: Toyota Motor

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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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DOE opens bidding guidelines for Mindanao-focused renewable energy auction

The Department of Energy has released the terms of reference for the seventh round of the Green Energy Auction, which will prioritize renewable energy projects in Mindanao.

NFA steps up palay purchases as wet-season support prices rise

The Department of Agriculture (DA) confirmed that the National Food Authority (NFA) is expanding its palay procurement efforts to boost the country’s rice buffer stocks.

Another round of steep fuel price hikes expected this week

Local fuel retailer Jetti Petroleum has warned that another significant increase in pump prices for gasoline and diesel is set to take place this week.

SEC adopts updated financial reporting standards

The Securities and Exchange Commission has formally adopted the latest set of financial reporting pronouncements to ensure the country’s reporting framework keeps pace with changing global accounting standards and growing demands for sustainability-related disclosures.

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