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Thursday, 19 February 2026, 6:53 am

    Tag: CARS

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    Mitsubishi seeks to fast-track CARS claims

    Economy Context.ph Context.ph -
    Mitsubishi Motors Philippines Corp. (MMPC) said it will work closely with government agencies to ensure the swift processing and release of its incentives under the Comprehensive Automotive Resurgence Strategy (CARS) Program, following President Ferdinand Marcos Jr.’s veto of the program’s proposed 2026 budget allocation.

    Auto parts makers sound alarm bells after budget veto

    Transport & Logistics Context.ph Context.ph -
    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.

    Toyota urges sustained gov’t support for CARS program 

    Economy Context.ph Context.ph -
    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.

    DBM pressed to clear CARS arrears

    Economy Context.ph Context.ph -
    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.

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    Marcos eyes ports to unlock Kalayaan

    Economy 0
    President Ferdinand R. Marcos Jr. has ordered a feasibility inspection for the potential construction of a seaport and airport in the Kalayaan Island Group, a move Malacañang says could jumpstart tourism and create new livelihood streams in one of the country’s most remote municipalities.

    GCC surge reshapes IT-BPM landscape

    Economy 0
    Global capability centers (GCCs) are poised to outpace the broader information technology–business process management (IT-BPM) industry in both revenue and job creation, underscoring their growing role in the Philippines’ outsourcing landscape.

    Philippines defends US IP delisting

    Economy 0
    The Intellectual Property Office of the Philippines (IPOPHL) is pushing back firmly against any suggestion that Manila should return to Washington’s intellectual property watch list, arguing its removal remains “fully warranted.”

    BCRemit goes global, targets SMEs everywhere 

    Banking & Insurance 0
    Philippine-owned fintech BCRemit is rapidly expanding its global reach, now operating in 23 countries while broadening its focus beyond overseas Filipino workers (OFWs) to serve small and medium-sized enterprises (SMEs) and global migrant markets.

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    Context.ph is a business news and features website based in the Philippines. Our goal is to provide readers easily digestible articles to help people better understand the news and make informed decisions.

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    Marcos eyes ports to unlock Kalayaan

    0
    President Ferdinand R. Marcos Jr. has ordered a feasibility inspection for the potential construction of a seaport and airport in the Kalayaan Island Group, a move Malacañang says could jumpstart tourism and create new livelihood streams in one of the country’s most remote municipalities.
    Economy

    GCC surge reshapes IT-BPM landscape

    0
    Global capability centers (GCCs) are poised to outpace the broader information technology–business process management (IT-BPM) industry in both revenue and job creation, underscoring their growing role in the Philippines’ outsourcing landscape.
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