Tag: CARS

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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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P3B fuel subsidy targets farmers, fishers, truckers 

Agriculture 0
The government is rolling out P3 billion in fuel subsidies this month for about 300,000 farmers, fisherfolk and agricultural truckers as elevated oil prices and El Niño squeeze production and distribution costs.

Over a thousand volunteers join Jollibee Group coastal cleanup drive

Corporate Bulletins 0
More than 90 employees from the Jollibee Group and its brands—Jollibee, Mang Inasal, Chowking, and Greenwich—joined the global International Coastal Cleanup here on September 19, 2026, collecting over 400 kilograms of waste from shorelines.

Analysts: GCash IPO mid-price not a warning sign; valuation attractive 

Corporate 0
Setting the initial public offering price of Mynt Inc., the operator of GCash, at P6.60 per share—near the lower end of its indicative range—does not signal trouble, according to market watchers. The figure lands close to the mid-point of the original P10-per-share indicative price band.

BCDA deepens Japan ties across Luzon economic hubs

Trade & Investments 0
The Bases Conversion and Development Authority (BCDA) Group has secured three agreements with Japanese companies to explore infrastructure-resilience and energy-efficiency projects at major economic hubs in Luzon, as the Philippines seeks to deepen Japanese investment beyond individual facilities.

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