Click here for full details CAMPI chief: DTI safeguard will derail recovery, potential layoffs – Auto News (autoindustriya.com) The Department of Trade and Industry order to implement safeguard measures against the imported automobile business is fast becoming the lightning rod for the Philippine auto industry; a sector that is feeling the sting of the economic … More Department of Trade and Industry order to implement safeguard measures..
Full Story New credit scoring system enables SMEs to better access loans: BSP | ABS-CBN News (abs-cbn.com) MANILA – Small and medium enterprises (SMEs) will now have a better access to loans through a system that collects their data and generates their credit scoring, the central bank said on Thursday. The Bangko Sentral ng Pilipinas … More New credit scoring system enables SMEs to better access loans: BSP
Full Story Thailand BOI Approves New electric vehicles (EV) Package | Thailand Business News (thailand-business-news.com) “In line with the Government policy to promote electric vehicles across the board, and to answer the radical changes underway in the global car industry, the BOI today approved a package that will accelerate the development of EV production and … More Thailand BOI Approves New electric vehicles (EV) Package
https://www.bangkokpost.com/business/2045139/evs-on-a-roll Cleaner, greener vehicles a rare bright spot amid the pandemic, helped by public policy shifts and battery technology innovations. 2020 has been rough for industries all over the world. Even the automotive industry could not escape the unique challenges stemming from pandemic-induced lockdowns, the economic slump and subdued consumer confidence, all of which have … More EVs on a roll
https://www.philstar.com/business/2021/01/04/2068174/philippines-slaps-protective-duties-vs-car-imports MANILA, Philippines — The Philippines is slapping safeguard duties on imported vehicles starting this month in a move said meant to protect local assemblers. In a statement on Monday, the trade department said importers will be required to cough up cash bonds up to P70,000 for passenger cars and P110,000 for light commercial vehicles … More Philippines slaps protective duties vs. car imports
Entrepreneurs banking on electric vehicles as one of the solutions to tackle climate change are positioning themselves early, as Thailand looks to ramp up production. https://www.channelnewsasia.com/news/climatechange/in-focus-thailand-electric-vehicles-tesla-carbon-emissions-13792698 This was the launch of a vessel that its backers hope will revolutionise sea travel and tourism around Thailand’s picturesque islands and beaches, normally a magnet for millions of visitors every … More Thailand poised to be regional leader in electric vehicle revolution, and all it needs is a spark