VinFast is positioning the Philippines as the first international market for its all-new VF 8 electric SUV, signaling growing ambitions in Southeast Asia’s increasingly competitive electric vehicle (EV) sector.
VinFast is offering incentives of up to USD60,000 per showroom to recruit dealership partners in the Philippines, stepping up efforts to establish a broader distribution network for electric motorcycles in Southeast Asia.
VinFast is deploying 11 electric vehicles as the official fleet for ASEAN Dialogue Partners at the 44th ASEAN Ministers on Energy Meeting (AMEM44) in Manila, putting electric mobility on display as the region weighs cleaner and more secure energy systems.
VinFast is adding 13 Philippine automotive dealers to accelerate its electric vehicle rollout, with the partnerships set to bring 27 new showrooms across the country as the Vietnamese automaker works toward a 60-dealer network this year.
Green GSM is pushing deeper into the Philippine ride-hailing market with an electric premium taxi service, seeking to carve out a higher-value niche as competition shifts from fares toward comfort, capacity, and service.
Petron Corp. remained profitable in the first nine months of 2026, but net income fell 44 percent to P5.4 billion as higher crude costs, freight, and import premiums squeezed margins amid a volatile oil market.
The Land Transportation Franchising and Regulatory Board (LTFRB) is investigating one of the country’s motorcycle taxi platform operators accused of enrolling more riders in its system than the government has approved. In an official statement, the agency confirmed that legal proceedings are ongoing, which limits what additional details it can share about the case.
Alternergy Holdings Corp. has started generating electricity from its 64-megawatt Alabat Wind Farm in Quezon Province, bringing the project closer to commercial operations and giving the renewable energy developer an early revenue stream ahead of full commissioning.
Manila Electric Co., the listed power company led by Manuel V. Pangilinan and more popularly-known as Meralco, has launched its own media and information literacy initiative, urging employees and stakeholders to apply greater scrutiny to the information they consume and share as misinformation becomes harder to separate from legitimate news.