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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......»»
272,233 vehicle registrations rushed; millions more remained delinquent
“No vehicle plate, no travel,” the Land Transportation Office warned starting Jan. 1st. Within four weeks, 272,233 delinquent registrations were renewed......»»
Nagmotorsiklo nadasmagan sa government vehicle, angol
Nagmotorsiklo nadasmagan sa government vehicle, angol.....»»
Road accident update: Motorcycle driver, rider killed in 5-vehicle smashup in Cebu City
CEBU CITY, Philippines – Police here confirmed that the motorcycle driver and his female backrider, who were rushed to the hospital after a 5-vehicle mashup on Thursday, February 8, 2024, have died. The accident happened along the Osmeña Boulevard in Cebu City at past 12:00 p.m. on Thursday. The victim was identified as Marcelino Pepito,.....»»
Road accident: 3 hurt in 5-vehicle smashup in Cebu City
CEBU CITY, Philippines – A total of three individuals sustained injuries as a result of a multi-vehicle road accident along Osmeña Boulevard in Cebu City on Thursday noon, February 8, 2024. The vehicular accident happened at past 12:00 p.m. and involved 2 sports-utility vehicles (SUVs), 2 passenger jeepneys, and a motorcycle. The driver of the.....»»
Philippines leads Asean in vehicle output growth in 2023
The Philippines emerged as the fastest-growing country in Southeast Asia in terms of motor vehicle production in 2023 as it registered a 19.7 percent increase......»»
LTO eyes P43B revenue, vehicle registration
LTO eyes P43B revenue, vehicle registration.....»»
LTO 7 urges motorcycle, vehicle owners to claim license plates
LTO 7 urges motorcycle, vehicle owners to claim license plates.....»»
Motorcycle, vehicle owners told: Visit nearest LTO office to claim license plates
Motorcycle, vehicle owners told: Visit nearest LTO office to claim license plates.....»»
LTFRB won’t dictate PUV brand in modernization program
No specific vehicle brand or model would be required from transport cooperatives and operators under the public utility vehicle modernization program of the government......»»
Rice inventory drops to 17-month low
The country’s rice stocks in February fell to their lowest level in more than a year despite higher imports recorded at the start of the year......»»
Trade deficit narrows to $4 billion in December
The country’s trade deficit narrowed in December as both exports and imports declined, bringing the full-year 2023 trade gap to $52.42 billion, down from the previous year’s shortfall of $57.65 billion, the Philippine Statistics Authority said......»»
Traslacion in CDO: from 110,000 last year to only 18,000 devotees this year
CAGAYAN DE ORO (MindaNews / 11 January) – A parish priest here blamed tight police security for the sharp drop in attendance during the Traslacion or the procession of the Black Nazarene here last Tuesday, with only 18,000 attendees compared with last year’s 110,000. Monsignor Rey Monsanto, parish priest of Our Lady Fatima Parish in Barangay […].....»»
DA wants to suspend pork, corn MAV
The Department of Agriculture is looking at curbing the country’s agricultural imports by temporarily suspending the minimum access volume for pork and corn this year......»»
Trade gap expected to widen further
The Philippines’ trade deficit is expected to widen further this year amid weaker exports and stronger imports, according to Dutch financial giant ING......»»
Vehicle sales off to fast start in January
Car sales continued to rise in January, expanding by 15.5 percent to 34,060 units from 29,499 units in the same period last year, according to a joint report by the Chamber of Automotive Manufacturers of the Philippines Inc. and the Truck Manufacturers Association......»»
Historically low valuation
The Philippine stock market bloodbath over the past two years saw the PSEi plummet from 7,122.6 on the last trading day of 2021 to 6,566.4 on the last trading day of 2022 for a 7.8 percent annual retreat and slide even further in 2023 to close at 6,450.0 on the last trading day of the year. In terms of valuation, the PSEi’s 2023 year-end 12.9x price-to-earnings (P/E) ratio does not fare well when compared against its past performance in prior years......»»
Terms of CARS extension issued within the year – DTI
Terms for the extension of an incentives program for vehicle manufacturing are expected to be released within the year, according to the Department of Trade and Industry......»»
Passenger car crash kills 2, injures 22 in Philippines
MANILA, March 31 (Xinhua) -- Two people were killed and 22 others injured after a jeepney crashed into a roadside tree in Batangas province, south of Manila, police said Sunday. Police said the accident happened at 4:45 p.m. local time on Saturday when the driver lost control of the vehicle while negotiating a descending curve in Lobo town. The 54-year-old male driver and a 52-year-old male passenger died.....»»
DA backs early rice tariff collection certification
The Department of Agriculture is supporting the proposed earlier certification of tariffs collected from rice imports to fast-track the rollout of programs aimed at aiding farmers such as cash assistance......»»