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 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.
Toyota Motor Philippines (TMP) has officially switched on its full-electric era with the December 11 rollout of the all-new bZ4X, the company’s first Battery Electric Vehicle (BEV) under the Toyota brand—and the clearest signal yet that the country’s No. 1 automaker is ready to push EVs into the Filipino mainstream.
US automakers Ford Motor and General Motors (GM) have reported divergent sales figures for the first quarter of 2024, just a day ahead of the expected implementation of a 25 percent tariff imposed by the administration of President Donald Trump on foreign cars and parts.
The Asian Development Bank (ADB) is ready to provide the Philippines with up to USD500 million in emergency financing to help address disasters, including the potential impact of a severe El Niño episode, although the government has yet to request additional assistance.
From a once-contested solution to Metro Manila’s provincial bus congestion, PITX is positioning itself for a bigger role in the country’s transport system as passenger traffic approaches its design capacity.
President Ferdinand Marcos Jr. has confirmed accepting the resignation of Information and Communications Technology Secretary Henry Aguda, while ruling out for now the possible transfer of Public Works Secretary Vince Dizon back to the Department of Transportation (DOTr).
Philippine equities are likely to remain volatile this week as accelerating inflation, peso weakness and mounting expectations of monetary tightening weigh on sentiment, tempering optimism over corporate earnings and potential new stock market listings.