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Philippines cuts import duty rates on e-vehicles

MANILA, Jan. 19 (Xinhua) — The Philippines will cut import duty rates on electronic vehicles (EVs) and their parts to boost the EV market in the country, a presidential office statement said on Thursday.

In the statement, the Presidential Communications Office said President Ferdinand Romualdez Marcos had signed an executive order based on a suggestion from the government.

Last November, the National Eco