Tag: Mitsubishi

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Gov’t secures funds, calms carmakers’ nerves

Economy Context.ph Context.ph -
The government has moved to steady investor confidence in the automotive sector, assuring participants in the Comprehensive Automotive Resurgence Strategy (CARS) program that long-promised incentives will be honored despite last year’s budget setback.

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.

BOI eyes clearing auto tax backlog

Economy Context.ph Context.ph -
The Board of Investments (BOI) is confident it can finally make a major dent in nearly P5 billion worth of unpaid auto tax credits, after the government restored funding for the Comprehensive Automotive Resurgence Strategy (CARS) Program in the proposed 2026 national budget.

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Rockport Power, King Global partner to cut energy costs

Energy & Mining 0
Local electricity supplier Rockport Power Inc. has partnered with Filipino manufacturer King Global Sanitary Products to supply energy for its operations.

Yuchengco power firm posts lower profit despite higher sales in 2025

Top News 0
Petro Energy Resources Corp. (PERC) reported a sharp drop in profit for 2025, even as its revenues grew.

NPC partners with private firm to develop carbon credit system

Environment 0
The National Power Corp. (NPC) has signed an agreement with Climate Smart Ventures (CSV) to create a framework for carbon credits, aiming to support the Philippines’ shift to a low-carbon future.

Philippine bonds to join Global Index in 2027

Economy 0
The Department of Finance (DOF), Bureau of the Treasury (BTr), and Bangko Sentral ng Pilipinas (BSP) announced that Philippine peso-denominated government bonds will be included in J.P. Morgan’s Government Bond Index – Emerging Markets (GBI-EM) starting January 29, 2027.

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