Tag: Toyota

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Toyota brings hospitals on wheels

The Toyota Mobility Foundation (TMF), together with Toyota Motor Philippines Foundation and the University of the Philippines–Philippine General Hospital (UP-PGH), has rolled out the HEAL Mobile Clinic, a healthcare initiative that brings hospital-grade diagnostic services directly to underserved communities through mobility-driven solutions.

Gov’t secures funds, calms carmakers’ nerves

The government has moved to steady investor confidence in the automotive sector, assuring participants in the Comprehensive Automotive Resurgence Strategy (CARS) program that long-promised incentives will be honored despite last year’s budget setback.

Toyota urges sustained gov’t support for CARS program 

Following the veto of the budget for fiscal support to the Comprehensive Automotive Resurgence Strategy (CARS) program, Toyota Motor Philippines (TMP) underscored the need for sustained government backing to ensure the country’s competitiveness in the automotive manufacturing sector.

BOI eyes clearing auto tax backlog

The Board of Investments (BOI) is confident it can finally make a major dent in nearly P5 billion worth of unpaid auto tax credits, after the government restored funding for the Comprehensive Automotive Resurgence Strategy (CARS) Program in the proposed 2026 national budget.

Toyota Philippines accelerates electrification with multi-pathway gains

Toyota Motor Philippines Corporation (TMP) posted a strong 45-percent surge in electrified vehicle (xEV) sales from January to November 2025, signaling growing acceptance of its multi-pathway approach to cleaner mobility. 

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Jollibee first-half net income drops 17% despite strong 2Q rebound

Jollibee Foods Corp. reported a 17 percent decline in first-semester net income this year, falling to P4.92 billion from P5.91 billion in the same period last year, even as a solid second-quarter performance could not offset earlier pressures.

PhilWeb returns to profitability in first half 2026

PhilWeb Corp. announced Tuesday it has returned to profitability in the first half of the year, posting net income of P60.96 million — a turnaround from the P41.76 million loss recorded in the same period last year.

Converge backs DTI push to accelerate MSME digitalization 

Converge ICT Solutions Inc. is strengthening its push to help micro, small, and medium enterprises (MSMEs) adopt digital technologies as it partners with the Department of Trade and Industry (DTI) to expand access to connectivity, digital tools, and artificial intelligence.

GMR eyes wider Philippine airport presence

Indian infrastructure giant GMR Group is looking to expand its Philippine footprint as it positions its newly opened Alluri Sitarama Raju International Airport in Andhra Pradesh as a gateway connecting India with Southeast Asia.

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