The Philippines' largest crypto exchange, Coins.ph, faces a potential license revocation amid allegations of facilitating services for offshore gambling platforms.
A Philippine court has frozen 116 assets, including 25 crypto wallets, linked to a lawmaker involved in a government corruption investigation.
The Philippine government plans to increase its 2027 budget for electric vehicle infrastructure to $3.71 million to support a growing market and expand the national charging network.
Kia Philippines has introduced the EV3 electric crossover at a price of PHP 1.898 million, targeting the compact segment with a 58.3-kWh battery and a range of up to 511 kilometers.
Nissan Philippines is launching two China-made electrified models, the Navara Pro PHEV and Primera EV, on November 6 as part of a new global export strategy.
Mynt Inc. has opened orders for an IPO targeting $1.5 billion, set to become the largest public offering in Philippine history.
President Ferdinand Marcos Jr. is pushing for the local production of electric tricycles and jeepneys to reduce fuel imports and lower public transport costs.
The Philippines is partnering with Norwegian maritime experts to develop electric and hybrid ferry networks, building on local prototypes and established European operational models.
VinFast is expanding its retail presence in the Philippines by partnering with 13 local dealers to open 27 new showrooms, aiming for a total of 60 locations by year-end.
The Bangko Sentral ng Pilipinas proposes a 12-month freeze on new payment system operator registrations to overhaul regulatory frameworks.
The Bangko Sentral ng Pilipinas plans to pause new payment operator registrations for one year and implement stricter oversight for virtual asset service providers.
A traveler's experience in the Philippines highlights the infrastructure advantages of gasoline bikes and the technical superiority of electric motorcycles.
