Philippine auto parts manufacturers are warning that the veto of funding for the Comprehensive Automotive Resurgence Strategy (CARS) could accelerate the decline of the country’s already fragile automotive manufacturing sector.
Following the veto of the budget for fiscal support to the Comprehensive Automotive Resurgence Strategy (CARS) program, Toyota Motor Philippines (TMP) underscored the need for sustained government backing to ensure the country’s competitiveness in the automotive manufacturing sector.
Lawmakers are pressing the Department of Budget and Management (DBM) to finally clear nearly P4 billion in government arrears owed to two major automakers under the Comprehensive Automotive Resurgence Strategy (CARS), a move seen as critical to restoring investor confidence in the Philippines’ industrial policy.
More than 247,000 metric tons (MT) of imported rice have been in stock as of January 22, 2026, according to data from the Bureau of Plant Industry (BPI), underscoring the government’s efforts to manage food supply while protecting local farmers.
The Department of Justice (DOJ) has recommended the filing of criminal charges against Opsytech Corp., its president, and two agents for illegally soliciting investments from the public.
After more than 20 years in service, Navy Cmdr. Juphett Navida opted for early retirement so he could spend more time with his family after years of deployment in remote and high-risk areas. While considering his next step, he joined a weeklong training under Saludo sa Serbisyo, Ayala Corporation’s flagship program that supports the country’s uniformed personnel in preparing for life after service.
The Department of Information and Communications Technology (DICT) is reassessing its common tower policy to align it with the newly enacted Konektadong Pinoy Act, a law aimed at improving internet and communications access nationwide.