Tag: Joint Administrative Order
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Philippine Government to Allocate PHP9 Billion for Car Manufacturers Under New RACE Program
The Philippine government is set to launch the Revitalizing the Automotive Industry for Competitiveness Enhancement (RACE) program, with a budget of PHP9 billion aimed at supporting participating car manufacturers (PCM). The initiative will be rolled out via a Joint Administrative Order (JAO), as announced by the Department of Trade and Industry (DTI). The RACE program…
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