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South Korea chamber lauds plan to grant EV perks, but cites PHL s infra deficiency • Andrea E San Juan

Manila’s planned incentives for electric vehicles (EV) will help attract Korean EV manufacturers, according to the president of the Korean Chamber of Commerce of the Philippines. Joseph Um, President of the Korean Chamber of Commerce of the Philippines stressed the Philippine government’s planned incentives for EV will help in attracting EV manufacturers in Korea. “Yeah,

BOI: Chinese RE firm keen on PHL • Andrea E San Juan

Two Chinese firms, a renewable energy (RE) firm and one that has an existing presence in the Philippines which is into “highly specialized” consumer electronics, are looking at investing and expanding in the Philippines, according to an official of the Board of Investments (BOI). At a recent virtual media briefing, BOI Managing Head Ceferino S.

DTI exec: FTA with So Koreato boost PHL as regional hub

TRADE and Industry officials see the free-trade agreement (FTA) between the Philippines and South Korea as an “important pillar” in terms of positioning the Philippines as the regional hub for “smart” and sustainable manufacturing and services as the world’s 13th-largest economy is a good source for technology. The chief negotiator…

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