POWERING THE EV FUTURE. Manila Electric Company (Meralco), V-Green Charging Station Development Philippines, Inc. (V-Green), and Green and Smart Mobility Philippines Inc. (Green GSM Philippines) have inked a memorandum of understanding (MOU) to advance green mobility and support the Philippine government’s efforts to accelerate the adoption of electric vehicles nationwide. In photo are (L-R) Senior Vice…
Versatile business-ready Tamaraw variants now available at Toyota dealerships nationwide July 30, 2025 – Quezon City, Philippines – Toyota Motor Philippines (TMP) is driving growth and opportunity for Filipino entrepreneurs with the official launch of three new business-focused variants of the Next Generation Tamaraw: the Wing Van, Mobile Store, and Food Truck. Built with micro,…
The International Monetary Fund (IMF) has revised its economic growth forecast for the Philippines for 2026, projecting a growth rate of 5.9 percent, slightly up from its previous estimate of 5.8 percent. In its latest World Economic Outlook (WEO) report, the IMF also forecasted that the country’s gross domestic product (GDP) will grow by 5.5…
The United Kingdom’s financial technology giant, Revolut, is set to enter the Philippine market by establishing its second Global Tech Hub in Asia, as announced by the Department of Finance (DOF) on Wednesday. In a statement, the DOF highlighted that this investment is the result of ongoing investor engagements led by Finance Secretary Ralph Recto…
The Philippines’ trade deficit decreased by 8.8 percent in June 2025, as exports experienced double-digit growth, according to preliminary data from the Philippine Statistics Authority (PSA) released on Wednesday. The balance of trade in goods, which represents the difference between the value of exports and imports, recorded a deficit of USD3.95 billion, down from USD4.33…
Seismologists recorded a strong earthquake with a magnitude of 7.1 150 kilometers from Petropavlovsk-Kamchatsky, where it was felt with a force of about six points, the press service of the Kamchatka branch of the Geophysical Service of the Russian Academy of Sciences reported. According to published information, the shock epicenter was located 149 kilometers southeast…
The Japan Meteorological Agency on Wednesday morning issued a tsunami warning to many areas facing the Pacific Ocean, including Hokkaido, the country’s northernmost prefecture. The height of the expected tsunami may reach up to 3 meters, the agency warned. The tsunami warning was upgraded at 9:40 a.m. from a tsunami advisory that was issued shortly…
US President Donald Trump said his administration is seeking to reach an agreement with Russia to end the conflict in Ukraine within 10 days, otherwise it would impose import duties. “Ten days from today,” Trump told reporters while flying from Aberdeen to Washington, when asked how he planned to shorten the previously mentioned 50-day deadline….
Operatives from the Philippine Drug Enforcement Agency in the Bangsamoro Autonomous Region in Muslim Mindanao (PDEA-BARMM) arrested a drug peddler in Pahamuddin town of the BARMM’s Special Geographic Area (SGA) in North Cotabato on Tuesday, seizing shabu, two firearms, and a grenade. In a statement released on Wednesday, PDEA-BARMM Director Gil Cesario Castro described the…
A tornado struck the coastal village of Caaoacan in this city on Wednesday morning, damaging four houses and an animal shelter. Fortunately, no injuries were reported during the incident. Dr. Melvin Manuel, head of the City Disaster Risk Reduction and Management Council, stated, “We immediately proceeded to the area to ensure the safety of residents.”…