Tag: Toyota

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Toyota Philippines targets 20% EV sales

Toyota Motor Philippines is ramping up its electrification push, targeting electrified vehicles to account for 20 percent of total sales this year, as demand for greener mobility gains traction.

Toyota expands EV push amid fuel spike

With pump prices climbing past P100 per liter, Toyota Motor Philippines (TMP) is accelerating its shift toward electrified mobility, positioning hybrids and battery electric vehicles as practical alternatives for cost-conscious motorists.

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..

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Diesel, kerosene prices drop further; fuel supply improves — DOE

The Department of Energy on Monday (DOE) announced mixed fuel price changes this week, with gasoline prices rising slightly while diesel and kerosene will see significant cuts.

DA seeks up to $500M loan to boost PH bamboo industry

The Department of Agriculture (DA) is aiming to secure between US$300 million and US$500 million in loans next year to develop the country’s bamboo industry, according to spokesperson Arnel De Mesa.

Nestlé PH ramps up net-zero energy shift

Nestlé Philippines is accelerating its net-zero ambitions with the launch of a biomass boiler facility at its Cabuyao, Laguna dairy plant, reinforcing a strategy that frames sustainability as a competitive lever rather than a compliance obligation.

Manulife Philippines names new chief marketing officer

Manulife Philippines has appointed Joy Ann Concepcion as its new chief marketing officer, effective Monday.

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