Mit Magzter GOLD unbegrenztes Potenzial nutzen
Erhalten Sie unbegrenzten Zugriff auf über 9.000 Zeitschriften, Zeitungen und Premium-Artikel für nur
Versuchen GOLD - Frei
Funding for vetoed RACE program still under discussion — Trade department
Business World Philippines
|January 28, 2026
THE Department of Trade and Industry (DTD said it is still in discussions for funding a vetoed incentive program known as Revitalizing the Automotive Industry for Competitiveness Enhancement (RACE).
-
“We're hoping for that, definitely. But I can’t really say when, we need to finish the discussion first,” Trade Secretary Ma. Cristina A. Roque told reporters on the sidelines of an event on Tuesday, when asked about the timetable for locking down the funding.
Diese Geschichte stammt aus der January 28, 2026-Ausgabe von Business World Philippines.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON Business World Philippines
Business World Philippines
Philippine Coast Guard eyes bigger role in South China Sea military drills
THE Philippine Coast Guard is looking to expand its involvement in future US-Philippine naval exercises near the South China Sea, underscoring its intent to be more integrated into joint maritime operations, Manila’s armed forces said on Tuesday.
2 mins
January 28, 2026
Business World Philippines
SEC sets stricter 9-year limit for independent directors
THE SECURITIES and Exchange Commission (SEC) is imposing a maximum cumulative nine-year term limit for independent directors of publicly listed companies starting in February, a move that will boost board independence, analysts said.
1 mins
January 28, 2026
Business World Philippines
Infant formula recall hits Danone, Nestlé shares
Shares in Danone slumped on Monday as French company Vitagermine widened a recall of baby formula on concerns over contamination, affecting four manufacturers so far and threatening combined losses exceeding $1 billion.
1 mins
January 28, 2026
Business World Philippines
Car sales may reach 503,000 in 2026, says CAMPI
CAR SALES are expected to breach 500,000 this year, driven by rising demand for electrified vehicles (EVs) and multipurpose vans, according to the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI).
1 min
January 28, 2026
Business World Philippines
Ye apologizes for antisemitic remarks, says he was treated for bipolar disorder
American rapper and record producer Ye, formerly known as Kanye West, took out a full-page advertisement in the Wall Street Journal on Monday to apologize for antisemitic remarks that drew years of backlash.
2 mins
January 28, 2026
Business World Philippines
Anta Sports gets 29% Puma stake for $1.8B
CHINA’S ANTA SPORTS Products said on Tuesday it would buy a 29.06% stake in Puma from the Pinault family for €1.5 billion ($1.8 billion), making it the biggest shareholder in the German sportswear maker.
2 mins
January 28, 2026
Business World Philippines
Pacesetting SMB targets pivotal Game 4 of Philippine Cup finals
SAN Miguel Beermen (SMB) are poised to move on the doorstep of the coveted crown jewel.
2 mins
January 28, 2026
Business World Philippines
Isuzu Philippines remains top truck brand with 42.2% market share
ISUZU PHILIPPINES CORP. said it achieved 42.2% market share in truck sales last year after selling 4,794 units.
1 min
January 28, 2026
Business World Philippines
P1.19-T National Tax Allotment released to local governments
THE National Tax Allotment (NTA) of P1.19 trillion has been released to local government units (LGUs), the Department of Budget and Management (DBM) said.
1 min
January 28, 2026
Business World Philippines
Hog, poultry production up in Q4; cattle down
LIVESTOCK production was mixed in the fourth quarter of 2025, with hog, chicken, and chicken egg output growing on a seasonally adjusted basis and cattle production declining, the Philippine Statistics Authority (PSA) said.
1 min
January 28, 2026
Listen
Translate
Change font size