Discussions to extend CARS program ongoing

A PROPOSED extension to the Comprehensive Automotive Resurgence Strategy (CARS) program is currently being discussed, according to the Department of Trade and Industry. Ceferino S. Rodolfo, Trade undersecretary and Board of Investments (BoI) managing head, told reporters in a recent briefing that the two CARS participants, Toyota Motor Philippines Corp. and Mitsubishi Motors Philippines Corp., […]

BoI pitching PHL to Chinese tech companies

THE BOARD of Investments (BoI) is seeking out Chinese companies interested in investing in battery projects and other areas of technology, particularly those that will help the Philippines make progress on digitalization.   Trade Undersecretary and BoI Managing Head Ceferino S. Rodolfo said during the recent China-Philippines Economic and Trade Conference that Chinese firms can […]