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Auto, EV players welcome possible tariff relief for hybrid, e-motorcycles

Automotive firms and electric vehicle players welcomed yesterday the potential expansion of the list of vehicles that can enjoy lower tariffs to include hybrid vehicles and e-motorcycles currently being studied by the government, saying that their inclusion may promote the shift to more environment-friendly transport options......»»

Category: financeSource: philstar philstarMar 6th, 2024

Recto bats for tax, tariff relief for hybrids

Finance Secretary Ralph Recto is in favor of granting reduced excise tax and preferential tariff to hybrid vehicles......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

Toyota latest hybrid electric vehicle, the Corolla Cross GR-S, is now in Cebu

CEBU CITY, Philippines – Elevate your drive into the future of automotive excellence as Toyota Motor Philippines sets a new standard in hybrid vehicles with the launch of its latest offering, the Corolla Cross GR-S hybrid electric vehicle (HEV), in Cebu on April 19, 2024. This midsize SUV boasts a plethora of features designed to.....»»

Category: newsSource:  inquirerRelated NewsApr 20th, 2024

EV players push ‘green traffic’ as NEDA readies tariff review

Electric vehicle industry players and clean air advocates are calling on the National Economic and Development Authority to lead the push to accelerate efforts to promote “green traffic” through the inclusion of e-motorcycles as part of those enjoying tax exemption as the agency starts its review of an executive order that modified the tariffs on EVs......»»

Category: financeSource:  philstarRelated NewsFeb 21st, 2024

Gang s distinctive motorcycles destroyed following court order

Six motorcycles that belonged to the Comanchero Motorcycle Gang have been turned into scrap metal The six distinctive Harley Davidsons were seized during Operation Nova in 2019 It's the first time Police have sought such an order under legislation Excluding motorcycles, $2.6 million in assets were restrained from the gang in the operation Operation Nova saw 18 people charged with a vari.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 25th, 2024

E-motorcyles likely included in review of tax breaks – NEDA

The executive order modifying the tariff rates for electric vehicles will be up for review next week, with the possible inclusion of e-motorcycles in the list of vehicles that benefits from tax breaks......»»

Category: financeSource:  philstarRelated NewsFeb 19th, 2024

RCBC auto, housing loans hit P121 billion

Yuchengco-led Rizal Commercial Banking Corp. (RCBC) sustained its auto and housing loan portfolio last year, rising by 24 percent to P121 billion amid high demand......»»

Category: financeSource:  philstarRelated NewsJan 13th, 2024

Therma Marine launches Southeast Asia s first hybrid BESS

Therma Marine launches Southeast Asia s first hybrid BESS.....»»

Category: newsSource:  sunstarRelated NewsApr 11th, 2024

Navigating Unsecured Debt Relief: A Comprehensive Guide

In the realm of financial management, unsecured debt stands out as a common challenge for many. Unlike secured debts, which are tied to assets like homes or cars, unsecured debts include credit card balances, personal loans, and medical bills. These can accumulate quickly, often overwhelming individuals. This article aims to explore debt relief options specifically […] The post Navigating Unsecured Debt Relief: A Comprehensive Guide appeared first on Kagay An......»»

Category: newsSource:  kagay_anRelated NewsJan 25th, 2024

Government OKs higher 60,000 MT potato imports at lower tariff

The Philippines has allowed the entry of more imported potatoes used for making chips and french fries at a lower tariff to meet the growing demand for the raw material by local snack manufacturers......»»

Category: financeSource:  philstarRelated NewsFeb 15th, 2024

E-vehicle group sees tariff break as ‘game changer’

The Electric Vehicle Association of the Philippines is batting for the inclusion of e-motorcycles in the grant of tax incentives under Executive Order 12 that is already due for mandatory review......»»

Category: financeSource:  philstarRelated NewsFeb 25th, 2024

Energy specialist backs tax breaks for e-motorcycles

Giving tax incentives to e-motorcycles is justified because of their proven contribution in reducing carbon emissions, a specialist from the Department of Energy (DOE) said......»»

Category: newsSource:  philstarRelated NewsMar 31st, 2024

Rice tariff collections hit P30 billion in 2023

Tariff collections from 3.6 million metric tons of rice imports likely reached a record P30 billion in 2023 on the back of a weaker peso and higher global grain prices......»»

Category: financeSource:  philstarRelated NewsFeb 4th, 2024

NDFP consultants welcome return of peace talks to national level

Detained National Democratic Front of the Philippines peace consultants welcome reported dialogues to revive stalled formal peace negotiations with the Ferdinand Marcos Jr. Government of the Republic of the Philippines, expressing hope to join the talks if efforts succeed. The post NDFP consultants welcome return of peace talks to national level appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsMar 29th, 2024

‘Jasamazingjourney gives away 16 motorcycles

‘Jasamazingjourney gives away 16 motorcycles.....»»

Category: newsSource:  sunstarRelated NewsApr 24th, 2024

3 stolen motorcycles used by terrorists recovered in Cotabato town

The police and military together impounded in a joint operation on Friday three stolen motorcycles that local terrorists had reportedly used in transporting home-made bombs from one area to another and in distributing shabu to contacts in different towns in Cotabato province......»»

Category: newsSource:  philstarRelated NewsMar 30th, 2024

GTA 6 Delay Possible as Rockstar Pushes Staff Back to Office

One of the most highly anticipated games in history, Grand Theft Auto VI, may face delays in its release, potentially pushing its launch from 2025.....»»

Category: newsSource:  thedailyguardianRelated NewsMar 23rd, 2024

EV sales soar six-fold, thanks to tariff relief

The adoption of electric vehicles in the country is gaining more ground, as Filipinos increasingly cater to eco-friendly modes of transportation amid the country’s effort to push for the electrification of transport......»»

Category: financeSource:  philstarRelated NewsFeb 29th, 2024

Cebu Football Club introduces new faces for the upcoming PFL season

CEBU CITY, Philippines — The Cebu Football Club (CFC) Gentle Giants continues to overhaul its entire roster after welcoming new faces, including key homegrown players, as the Philippines Football League (PFL) season unfolds in April.  The Gentle Giants presented 10 new players, including four Cebu homegrown players, who will comprise its official roster for the.....»»

Category: newsSource:  inquirerRelated NewsMar 23rd, 2024

Eight players share first-round lead at Puerto Rico Open

(Photo credit: Jim Cowsert-USA TODAY Sports) Eight players shared the lead at 7-under 65 following Friday morning's conclusion of the rain-delayed first round at the Puerto Rico Open in Rio Grande. Scott Piercy and Joe Highsmith were the leaders in the clubhouse when play was halted for darkness on Thursday, following a nearly two-hour rain delay. Friday started with 54 players completing the opening round and saw six o.....»»

Category: newsSource:  philippinetimesRelated NewsMar 10th, 2024

Eight players share first-round lead at Puerto Rico Open

(Photo credit: Jim Cowsert-USA TODAY Sports) Eight players shared the lead at 7-under 65 following Friday morning's conclusion of the rain-delayed first round at the Puerto Rico Open in Rio Grande. Scott Piercy and Joe Highsmith were the leaders in the clubhouse when play was halted for darkness on Thursday, following a nearly two-hour rain delay. Friday started with 54 players completing the opening round and saw six o.....»»

Category: newsSource:  manilanewsRelated NewsMar 9th, 2024