By: Daxim L. Lucas – Reporter / Philippine Daily Inquirer / 03:22 PM March 12, 2018 Foreign businessmen brought in a record amount of investments into the country in the first full year of the Duterte administration owing to the Philippines’ strong economy, the Bangko Sentral ng Pilipinas said on Monday. In a press statement, BSP Gov. Nestor Espenilla […]

Philippine Daily Inquirer / 05:01 AM February 20, 2018 Mitsubishi Motors Philippines Corp. will be able to locally produce half of the content of its Mirage models in the next two and a half years, fulfilling one of the requirements for fiscal support under the government’s program to spur car manufacturing in the country. Mitsubishi is […]

The Philippine Star | Richmond Mercurio- February 19, 2018 – 12:00am MANILA, Philippines — The Department of Trade and Industry (DTI) wants to give priority to local assemblers over importers in the government’s public utility vehicles (PUV) modernization program. “We are now in the finalization stage in crafting our program. Hopefully we can also get […]

Philippine Daily Inquirer | By: Roy Stephen C. Canivel / 05:10 AM February 17, 2018 SANTA ROSA, Laguna— The Philippines could hit an annual car production of one million units by 2027, Trade and Industry Secretary Ramon Lopez said, citing a study done by a Japanese government agency. Speaking during the inauguration of Mitsubishi Motors Philippines […]

The Philippine Star | Richmond Mercurio – February 16, 2018 SANTA ROSA, Laguna, Philippines — The country’s largest stamping plant, courtesy of a P2.8-billion investment from Mitsubishi Motors Philippines Corp. (MMPC), started operations yesterday, reflecting Japan’s continued confidence and interest in the Philippines, an official said. “In the same way that MMPC is fully committed to […]

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