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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......»»
UBS sees 2-digit credit growth for Philippines banks
Banks operating in the Philippines are expected to post a double-digit credit growth this year on the back of robust economic expansion, according to banking giant UBS......»»
Coca-Cola pouring in $1 billion for 5-year Philippine expansion plan
Global beverage giant The Coca-Cola Co. is pouring in $1 billion in the Philippines over a five-year period to expand its operations......»»
MerryMart hikes 2030 sales target to P150 billion
MerryMart Consumer Corp. of tycoon Edgar “Injap” Sia II is raising its sales revenue target for 2030 by 25 percent as it ramps up its expansion......»»
College Football Playoff considering expansion to 14 teams, adding automatic qualifiers for conferences
The College Football Playoff Management Committee recently convened to address the future of the CFP beyond 2025. The committee, which consists of FBS commissioners and.....»»
Global manufacturers support expansion of Philippines industrial sector
The move of the government to attract more manufacturing investments and diversify sources of foreign pledges is seen to increase demand for industrial spaces in the country, bringing in high value manufacturing investments such as semiconductors......»»
Yokohama investing P3.5 billion to expand Clark tire plant
Japanese company Yokohama Rubber Co. Ltd. is set to spend P3.5 billion for the expansion of its tire plant in Clark, according to the Clark Development Corp......»»
Cebu Pacific shelves plans for Saudi, China flights
Low-cost carrier Cebu Pacific is focusing its international expansion within East and Southeast Asia this year, shelving plans of launching flights to Saudi Arabia and reopening trips to Beijing as supply issues shake the airline......»»
Dover Corporation opens career opportunities; Hiring Blitz now launched
Dover Business Services (DBS), an independent business-to-business service provider within Dover Corporation, launched a job fair dubbed “Hiring Blitz” for their expansion plans in Cebu at Seda Ayala Center Cebu on January 25 to 26, 2024. The 2-day fair offers a wide range of career opportunities, from senior leadership to data analytics and project management,.....»»
Megawide confirms route expansion for PITX bus terminal
Megawide confirmed a report that its subsidiary, Parañaque Integrated Terminal Exchange (PITX), is planning to add six bus routes to its 100-route network......»»
Century Pacific expanding solar power capacity at GenSan plant
Century Pacific said that it is getting ready for the March 2024 switch-on of its solar power capacity expansion at its General Santos plant......»»
Chacha to worsen land dispossession and poverty, rights groups say
“Instead of devoting our land and resources to the genuine development of the domestic agriculture, economy, and industries, ChaCha will allow more foreign-owned extractive industries, logging, ecotourism, real estate projects, expansion of agro-corporation plantations, and other business operations intended for profit-making." The post Chacha to worsen land dispossession and poverty, rights groups say appeared first on Bulatlat......»»
Dito wants to capture 20 percent of market
Telco newcomer Dito Telecommunity Inc. has set its sights on cornering up to 20 percent of the market for mobile users, as the company shifts its focus from network expansion to customer acquisition......»»
Pre-colonial Surigao Treasure reunited after 40 years in Ayala Museum
The "Gold of Ancestors" exhibit in the Ayala Museum is getting a temporary expansion after the Bangko Sentral ng Pilipinas loaned 38 pre-colonial goldworks for a "new" exhibit......»»
More EVs to benefit from zero tariffs
More electric vehicles including e-motorcycles and e-bikes can enjoy lower tariffs until 2028 after the National Economic and Development Authority Board approved the expansion of the tariff coverage under Executive Order 12......»»
AGI allots P75 billion for 2024 capex
Alliance Global Group Inc. , the holding company of tycoon Andrew Tan, has set aside P75 billion for capital spending this year to support the continuous growth and expansion of its businesses......»»
McDonald’s opening 60 more stores in Philippines this year
Golden Arches Development Corp., the company behind McDonald’s Philippines, is ramping up its expansion with plans to open more stores outside Metro Manila......»»
ICTSI to build $800 million terminal in Batangas
International Container Terminal Services Inc., the listed ports giant led by tycoon Enrique Razon, has no desire of slowing down its domestic expansion, as it will invest $800 million to build a container terminal in Batangas......»»
Cebu Landmasters gaining traction on expansion moves
Cebu Landmasters Inc. (CLI)’s foray into the Luzon market continues to gain traction, with Cavite emerging as a strong contender to be among its initial locations......»»
Goldilocks rolling out 30 franchise-owned stores
Goldilocks Bakeshop Inc., part of the SM group’s portfolio investments, is rolling out an additional 30 franchise-owned stores this year as it continues to drive expansion through partnerships......»»