Lawmaker pushes hike in perks, subsidies for local car, parts makers

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The story "Lawmaker pushes hike in perks, subsidies for local car, parts makers" was covered 13 hours ago by Business Mirror, a news publisher based in Philippines.

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Lawmaker pushes hike in perks, subsidies for local car, parts makers - Business Mirror

Quick Summary:

A LAWMAKER wants Congress to expedite the passage of a measure which aims to increase the incentives and subsidies for local car manufacturers and parts makers.

Rodriguez stressed the significance of passing this measure, saying, “cars are [no longer a] luxury now, with a lot of young people getting the good jobs; they ride the shuttle from one place to another, then they need already cars.

He expressed “regrets” over the shutdown of production facilities of some automakers in the last five years and “appreciation to those who strive to maintain the Philippines as an automotive production base.