Tesla Leads Philippine EV Market, Sets Energy Efficiency Benchmarks

Tesla Leads Philippine EV Market, Sets Energy Efficiency Benchmarks

Tesla closed its first year in the Philippines as the country’s clear leader in battery electric vehicles, capturing 54% of the BEV market based on latest CAMPI–TMA sales data. More than 2,200 units of the Model 3 and Model Y have been delivered to Filipino customers,...
US Wood Exports to the Philippines Seen Rising 30% in 2025

US Wood Exports to the Philippines Seen Rising 30% in 2025

American wood exports to the Philippines are projected to increase by 30% to USD 28 million in 2025, driven by rising demand from the construction, furniture manufacturing, and infrastructure sectors, according to the US Department of Agriculture – Foreign...
Spanish Renewable Energy Firm Explores Expansion into the Philippines

Spanish Renewable Energy Firm Explores Expansion into the Philippines

Spanish renewable energy company Grupo Enhol is considering the Philippines as part of its Asia-Pacific expansion plans, as it evaluates new markets for clean power generation, energy storage systems, and related infrastructure. The development follows an investment...
ADB Approves USD 500M Loan to Advance the Philippines’ Blue Economy

ADB Approves USD 500M Loan to Advance the Philippines’ Blue Economy

Asian Development Bank (ADB) has approved a USD 500 million policy-based loan to support the sustainable development of the Philippines’ blue economy, marking the bank’s first extensive cross-sector program in the region focused on marine ecosystems and ocean-based...
Hyundai Deepens Defense Partnership with the Philippines

Hyundai Deepens Defense Partnership with the Philippines

South Korea’s HD Hyundai Heavy Industries has emerged as the Philippines’ key partner in a fast-moving naval modernization program, supplying the country’s most advanced warships to date. The Philippine Navy commissioned its second HDF-3200 Hybrid frigate, BRP Diego...