Tag: Incentives

  • Philippine Auto Sector Kicks Off Year with Robust 10% Sales Surge, Aims for Half a Million Units by 2025

    MANILA – The Philippine automotive industry has begun the year on a high note, with a reported 10.4% increase in sales, according to a joint statement from the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and the Truck Manufacturers Association (TMA). The groups disclosed that January saw sales of 37,604 vehicles, up from…

  • New Incentives Program to Boost Automotive Manufacturing in the Philippines

    The Department of Trade and Industry (DTI) in the Philippines is on the verge of launching a new initiative aimed at drawing automotive manufacturers to establish their production facilities within the country. This new program, named Revitalizing the Automotive Industry for Competitiveness Enhancement (RACE), is a revamped version of the earlier Comprehensive Automotive Resurgence Strategy…

  • DILG Distributes P13.37 Million in Incentives to Antique’s Top-Performing Local Governments

    In a significant recognition of excellence in local governance, the Department of the Interior and Local Government (DILG) has awarded PHP13.377 million in incentives to the provincial government of Antique and nine of its municipalities for their outstanding performance in the Seal of Good Local Governance (SGLG) program. The ceremonial handover took place in San…

  • Antique Province and Nine Municipalities Awarded PHP13.37 Million for Excellence in Governance

    In a significant recognition of effective local governance, the Department of the Interior and Local Government (DILG) has awarded PHP13.377 million in incentives to the Antique provincial government and nine of its municipalities. The ceremony, held in San Jose de Buenavista, saw Governor Rhodora Cadiao and representatives from the municipalities of Barbaza, Belison, Culasi, Libertad,…

  • President Marcos Urges Development of Semiconductor Sector to Boost Philippine Economy

    In a recent meeting with the Private Sector Advisory Council-Education and Jobs Sector Group (PSAC-EJSG) at Malacañang, President Ferdinand R. Marcos Jr. emphasized the urgent need to advance the semiconductor and electronics industry in the Philippines. He highlighted the sector’s significant potential to enhance the national economy, noting that it has not been a traditional…

  • Over 500 Centenarians in Eastern Visayas Honored with PHP100,000 Incentives Over Nine Years

    In a heartwarming initiative spanning from 2016 to 2024, the Department of Social Welfare and Development (DSWD) in Eastern Visayas has celebrated the longevity of 530 centenarians by awarding each a PHP100,000 incentive. This gesture, part of the Centenarians Act of 2016, not only acknowledges the remarkable age of these individuals but also their contributions…