MANILA, Philippines — The Marcos administration has resolved the funding gap in the government’s major automotive incentive program, securing its continuation after losing its 2026 budget allocation, ...

The government has finalized a funding mechanism for its flagship automotive manufacturing incentive program, moving to reassure investors after a presidential veto of the 2026 budget allocation ...

The current car perquisite policy under the Income Tax Act, 1961, offers tax benefits for combustion engine cars but lacks clarity for electric and hybrid vehicles. Experts urge the government to ...

McLeod, 21, has been inducted into the 14-driver program following a sensational winning appearance in the Mustang Challenge Le Mans Invitational last June. The grandson of 1987 Bathurst 1000 winner ...

MANILA, Philippines – Electric vehicle (EV) manufacturers have joined other automotive industry groups in clamoring for the Marcos administration to restore funding for two major incentive programs ...

If you are considering buying a new vehicle in 2026, the White House just gave you some great news. On Wednesday, January 7, U.S. Treasury Secretary Scott Bessent announced that the government is ...

Abstract: Winching system for underwater Towed Array Sonar is very important as they provide numerous tactical advantages to the user. The winching system consists of a drum and a guiding system to ...

The Board of Investments (BOI) is now scrambling to fulfill its incentive agreement with automotive manufacturers after the ₱4.32-billion budget for the Comprehensive Automotive Resurgence Strategy ...

MANILA – Trade and Industry Undersecretary Ceferino Rodolfo on Monday assured investors that measures are now being considered for the payment of arrearages under the Comprehensive Automotive ...