BusinessMirror | by Cai Ordinario – May 30, 2016 The Japanese and Philippine governments recently signed a two-year technical cooperation project to support the government’s Comprehensive Automotive Resurgence Strategy (CARS) Program. The technical cooperation project, titled Elaboration of Industrial Promotion Plans Using Value Chain Analysis, is expected to begin in July or August this year. It […]

The Philippine Star | By Richmond Mercurio | Updated May 28, 2016 – 12:00am MANILA, Philippines – The Department of Trade and Industry (DTI) has inked a technical agreement project with the Japan International Cooperation Agency (JICA) for a joint study on the Philippine automotive industry. The two-year technical cooperation project titled “Elaboration of Industrial Promotion […]

The Philippine Star | By Louise Maureen Simeon | Updated May 22, 2016 – 12:00am MANILA, Philippines – Mitsubishi Motors Philippines Corp. (MMPC) remains confident it will get the approval of the government’s Comprehensive Automotive Resurgence Strategy (CARS) program as it continues to pursue manufacturing operations in the country. The local unit of Mitsubishi Motors Corp. […]

STATEMENT EMMANUEL F. ESGUERRA Socioeconomic Planning Secretary NEDA Director-General Press Conference on the 2016 Q1 Performance of the Philippine Economy Destiny Function Room, Elements at Eton Centris Building, EDSA, Quezon City 19 May 2016, 10:00 AM Ladies and gentlemen, members of the media, colleagues in government, good morning. The 6.9-percent growth in the first quarter […]

MANILA, May 19 – The latest statistics from the Philippine Statistics Authority covering the first three months of the year continues to confirm the decline of Philippine exports.  The downtrend is not, however, unique to the Philippine situation as the trend is also affecting both the strongest economies in the world and the emerging “sunshine” states in high-growth […]