Tag: DBM

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CARS incentives finally shift into gear 

Government incentives under the Comprehensive Automotive Resurgence Strategy (CARS) Program could finally begin flowing this year, with funding initially sourced from declared savings of the Department of Public Works and Highways (DPWH).

DBM pressed to clear CARS arrears

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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Clark pushes local sourcing to build resilient supply chains

The Clark Development Corp. (CDC) is driving local supply chain integration within the Clark Freeport Zone, urging manufacturers and exporters to source materials from fellow locators to cut import reliance under the Luzon Economic Corridor (LEC).

Jollibee bags top marketing prize at the NEXT Awards

Move over, chickenjoy—Jollibee is now serving up a masterclass in digital dominance.

Spain, Andorra pioneers honored for paving Filipino migrants pathways

Long before budget flights and remote work made moving abroad a breeze, a brave crew of Filipinos packed up, headed to Spain and Andorra, and essentially wrote the manual on surviving Europe.

DHL Express raising Philippine shipping rates by 5.9% starting January

DHL Express is hiking its shipping rates in the Philippines by an average of 5.9 percent starting January 1, 2027, passing on rising global operational pressures to local businesses engaged in international trade.

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