PRESS RELEASE

BoI backs CARS-like incentives within CREATE
-Justine Irish D. Tabile of BusinessWorld

“By incorporating that kind of incentive into the CREATE law, the BoI on its own can directly provide this type of incentive to our investors,” according to Elvin Raymond Garcia, supervising investment specialist of the heavy industry division at BoI, at the Auto Parts and Vehicles Expo 2024 media conference on Thursday.

Read more at BoI backs CARS-like incentives within CREATE – BusinessWorld Online (bworldonline.com)

Investments to Phl on EV charging stations lag vs counterpart nations — Industry group, BOI
-Daily Tribune

The current number of charging stations that are now operating throughout the country is 338, far from the 7,300 charging stations for 2023 to 2025, as bared by Neil Stephen Lopez, assistant executive director of the Electric Vehicles Association of the Philippines, during his presentation at the launch of Auto Parts Philippines Expo in a hotel in Pasay City.

Read more at: https://tribune.net.ph/2024/02/22/investments-to-phl-on-ev-charging-stations-lag-vs-counterpart-nationsindustry-group-boi

Informa Markets Announces Inaugural Auto Parts & Vehicles Expo in PH
-Philippines Graphic

A new platform for local, international, and regional suppliers of automotive parts, accessories, maintenance equipment, and tools is set to debut in the country in June. The inaugural Auto Parts & Vehicles Expo Philippines (APVE) will be mounted from June 5 to 7, 2024 at the World Trade Center Metro Manila in Pasay City.

Read more at https://philippinesgraphic.com.ph/2024/02/22/informa-markets-announces-inaugural-auto-parts-vehicles-expo-in-ph/