Before this new program, the government had launched the Comprehensive Automotive Resurgence Strategy (CARS) program in 2015, a P27-billion incentives program for local automotive manufacturers.

Additionally, a Salary Investment Program was approved ... emphasizing the company’s commitment to aligning leadership incentives with long-term shareholder value. More about TriSalus Life ...

MANILA, Philippines — The government is planning to roll out a new incentives program to further promote the growth of local vehicle manufacturing in the country, according to the economic czar.