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.
Harbor Star Shipping Services Inc. led the Philippine Stock Exchange’s (PSE) weekly price gainers, while Swift Foods Inc. posted the steepest decline, according to the latest PSE market data.
The Securities and Exchange Commission is seeking public comments on proposed rules governing market making, a practice intended to make it easier for investors to buy and sell securities while keeping trading orderly and transparent.
Public and private sector leaders gathered July 28–29, 2026 at Cebu Parklane International Hotel for the PPP Ready seminar, uniting to strengthen collaboration and speed up infrastructure development across Central Visayas.