Tag: most favored nation (MFN) tariff

Toyota Motor Philippines Corp. (TMP) is prepared to make additional investments in the locally produced Tamaraw if needed to qualify under the government’s Revitalizing the Automotive Industry for Competitiveness Enhancement (RACE) program.

Cebu Pacific has taken delivery of an additional Airbus A320neo, moving forward with its fleet modernization drive to raise operational efficiency. The aircraft arrived in Manila from Airbus’ production facility in Tianjin, China on September 11. It marks the third of four A320neo units the carrier is set to receive this year.

Cebu Pacific carried more than 2.1 million passengers in August, up 1.9 percent from a year earlier, as stronger domestic traffic offset a decline in international passengers amid tighter capacity.

Dominion Holdings Inc. (DHI) shareholders approved the company’s merger with Indophil Resources Phils. Inc. and Sonar Holdings Inc., clearing a major corporate hurdle in its bid to gain control of the Tampakan copper-gold project in South Cotabato.