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Trade Secretary Ramon Lopez said a company is interested in buying the manufacturing facility of Honda Cars Philippines, Inc. (HCPI) in Sta. Rosa, Laguna. At the sidelines of the National Business One-Stop Shop launch, Lopez told reporters that the company that had inquired about HCPI’s Laguna property is an existing firm in the Philippines, but […]
Introducing other measures to support local vehicle manufacturers is being eyed after Honda Cars Philippines, Inc. (HCPI) announced the closure of its car manufacturing operation in the country next month. “We really have to study the need to impose safeguard duty and other measures to provide at least a level of support to the local […]