The Philippine Parts Makers Association (PPMA) is sounding the alarm about the country’s automotive manufacturing industry, which is struggling to keep pace with its regional neighbors' high production figures. PPMA President Ferdinand Raquelsantos said the government must take swift action to...
The Philippine Parts Maker Association (PPMA) is recommending the adoption of a local content requirement (LCR) policy in the country’s automotive parts manufacturing industry in a bid to revitalize the struggling sector. Inspired by Indonesia’s LCR model, PMPA President Ferdi Raquelsantos said...
Domestic vehicle parts manufacturers have strongly urged government to sustain its support for the CARS (Comprehensive Automotive Resurgence Strategic) Program as they lost their fight for tariff protection on locally produced motor vehicles and to save local jobs, blaming it to “bullying and...
Philippine pharmaceutical industry is expected to double in the next five years following the government’s implementation of universal healthcare program as Indian pharmaceutical firms take a closer look at making the Philippines, one of top 10 markets globally, become a part of its value...