MANILA, Philippines—The Japan International Cooperation Agency (Jica) and the World Bank (WB) have teamed up with the Department of Public Works and Highways (DPWH) to push for road sector reforms in the Philippines. In a statement issued…
Toyota Motor Philippines Corp. is investing an additional P40 million to increase the production capacity of its plant in Sta. Rosa, Laguna, by as much as 18 percent to 39,000 vehicles a year, from the current 33,000…
The head of British luxury carmaker Rolls-Royce Motor Cars believes that the Philippines is not about to run out of its fair share of “ultra high net worth individuals,” who are all set to take on the…
Rolls-Royce Motor Cars considers the Philippines to be an “important” and “substantial part” of its Asian strategy and volume development. Torsten Müller-Ötvös, chief executive officer of Rolls-Royce Motors Cars, noted that there is “sufficient market potential around…
The Philippine automotive sector and its counterparts in the Asean are expected to become highly lucrative markets for global automotive firms in six years’ time, thus presenting huge opportunities for further expansions.…
