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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Maya shifts to recycled plastic cards

Maya has begun rolling out cards made from recycled plastic (rPVC) and plans to transition all newly produced prepaid cards to recycled materials by the end of the year as part of its sustainability commitment.

Business group cheers BIR shift toward simpler taxes

The Philippine Chamber of Commerce and Industry (PCCI) believes the Bureau of Internal Revenue (BIR) may finally be turning a page on one of the private sector's longest-running frustrations: a tax system often seen as costly to comply with and difficult to navigate.

Philippines eyes bigger AI role via global alliance 

The Philippines is making its pitch to become more than a consumer of artificial intelligence. It wants a seat at the table where the chips, data centers, and investments are being built.

Marcos eyes Canadian capital for next-generation industries

President Ferdinand R. Marcos Jr. is heading to Canada next week with an investment-heavy agenda, seeking to translate growing bilateral ties into fresh capital for industries expected to shape the Philippines' next phase of economic growth.

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