Tag: Toyota

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Toyota flags scale, flexibility concerns after RACE axed 

Transport & Logistics Context.ph Context.ph -
The decision to scrap the Revitalizing the Automotive Industry for Competitiveness Enhancement (RACE) program has drawn a measured response from Toyota Motor Philippines Corp. (TMP), the country’s largest vehicle assembler, which had been preparing for the initiative’s rollout as early as last year.

Toyota Philippines profit hits record on EV push 

Transport & Logistics Context.ph Context.ph -
Toyota Motor Philippines (TMP) booked a record P19 billion net income in 2025, up 18.9 percent from P16.03 billion a year earlier, parent GT Capital Holdings reported, as strong vehicle demand and an expanding electrified lineup lifted results.

GT Capital earnings rise on strong core units

Corporate Context.ph Context.ph -
GT Capital Holdings, Inc. posted a 17 percent increase in consolidated net income to P33.68 billion in 2025, driven by solid contributions from its...

Toyota Philippines targets 20% EV sales

Transport & Logistics Context.ph Context.ph -
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

Transport & Logistics Context.ph Context.ph -
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.
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SEC centralizes SBL admin functions with PSE to speed up processing, cut costs

Markets 0
The Securities and Exchange Commission (SEC) has streamlined the country’s securities borrowing and lending framework by assigning all administrative functions to the Philippine Stock Exchange (PSE), aiming to create a more efficient and integrated short selling market.

PAL expands North American network with second A350-1000 for Manila-Toronto route

Transport & Logistics 0
The Philippine Airlines (PAL) has strengthened its North American operations by putting its second Airbus A350-1000 into service on the Manila-Toronto route, a key step in the airline’s ongoing fleet modernization plan. This new aircraft joins the carrier’s first A350-1000, which currently flies the Manila-New York route, giving PAL two premium long-haul gateways in North America served by its newest and largest aircraft type.

First Gen, HMR Envirocycle launch e-waste drive for Lopez Group

Environment 0
First Gen Group, the Philippines’ leading renewable energy firm, has partnered with e-waste recycler HMR Envirocycle to roll out Drop IT for Good, a company-wide campaign for collecting and properly disposing of IT equipment and other electronic waste across the Lopez Group.

Australia return boosts Philippine mango export drive

Trade & Investments 0
Just days after the Philippines celebrated its first fresh...

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