The decision to scrap the Revitalizing the Automotive Industry for Competitiveness Enhancement (RACE) program has drawn a measured response from Toyota Motor Philippines Corp. (TMP), the country’s largest vehicle assembler, which had been preparing for the initiative’s rollout as early as last year.
The Philippine government has scrapped its long-planned Revitalizing the Automotive Industry for Competitiveness Enhancement (RACE) program, opting instead to fast-track a new incentive framework focused on electric vehicles, a senior investment official said.
The Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) has urged the government to immediately release long-delayed incentives under the Comprehensive Automotive Resurgence Strategy (CARS) Program and to fast-track the rollout of its successor, the Revitalizing the Automotive Industry for Competitiveness Enhancement (RACE) program.
Globe strengthened network services and supported student leaders at Silliman University’s Hibalag Festival 2026, keeping thousands connected while turning young ideas into real campus action.
The Philippine Airlines (PAL) confirmed Thursday it will resume nonstop flights between Manila and Saipan starting October 25, 2026. Bringing back this route strengthens tourism, family connections, and business links between the Philippines and the Northern Mariana Islands, making it easier for communities across the Pacific to reconnect.
First Balfour Inc., the Lopez Group’s engineering and construction arm, has retained its triple ISO certification for the 24th consecutive year after passing rigorous audits by TÜV SÜD Philippines.
Converge ICT Solutions Inc. has expanded its nationwide child online safety and data privacy campaign, launching its award-winning Project PIGLET in Cebu and bringing critical cyber-literacy education to the Visayas region.