The Philippines is expected to generate around 680,000 jobs and attract ₱120 billion in capital investment under the Electric Vehicle Incentive Strategy (EVIS), Trade Secretary Cristina A. Roque said, as the country positions itself as a key player in Southeast Asia’s EV manufacturing race.
The Fiscal Incentives Review Board (FIRB) has approved ₱20.9 billion in tax subsidies for various government institutions in a bid to make public services more efficient and accessible for Filipinos.