Following the approval and registration of the two main Participating Car Makers (PCMs) Mitsubishi Motors Corp. and Toyota Motors Corp., the Comprehensive Automotive Resurgence Strategy (CARS) Program is now ready to take on the development of the automotive parts manufacturing industry. The program expects an influx of investment project applications from prospective Participating Part Makers […]

The government encouraged the country’s players and stakeholders in the manufacturing and its allied industries to take full advantage of the integrated ASEAN Economic Community (AEC) and other free trade agreements (FTAs) that the Philippines has with its trading partners given that the local sectors are heavily engaged in regional value chains. At the 17th […]