Posted inGovernment

Panay-Guimaras-Negros Island Bridges project a go as South Korea grants Php2.96 billion loan

The Department of Public Works and Highways (DPWH) announced a new loan agreement worth Php2.96 billion ($56.6 million) from South Korea. The lent money will be used to fund a megaproject that will connect three major areas in Western Visayas, namely Panay, Guimaras, and Negros Islands. Thus, the Panay-Guimaras-Negros (PGN) Island Bridges Project. In a […]

Posted inAutomotive, Government

DTI wants zero tariff on electric vehicles in the Philippines

The Department of Trade and Industry (DTI) is aiming for zero-tariff policy on imported electric vehicles (EV). Under its proposal, the DTI wants the elimination of the 30-percent tariff rate to encourage more consumers to use battery electric vehicles as their preferred mode of transportation over vehicles powered by fuel products. The Philippines is invested […]