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Parts makers bewail auto roadmap delay

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Auto parts manufacturers have warned the government that a further delay in the release of the proposed automotive roadmap will deter the entry of new vehicle assembly and parts production investments into the country, amid a market where imports are increasingly slashing the share of locally manufactured units.

Posted: April 14th, 2014 in Headlines | Read More »

Japan auto firms rue industry roadmap delay

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Toyota Innova assembly at Santa Rosa factory.  PHOTO BY TESSA SALAZAR

Japanese automotive firms may consider relocating their Philippine operations to neighboring countries if the government is unable to issue the much-awaited roadmap that will outline the strategic direction, policies and new incentives needed to make the automotive industry more competitive.

Posted: April 7th, 2014 in Headlines,Photos & Videos | Read More »

Bidding for $2.1B BatMan 1 project delayed anew

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The bidding for the first phase of the $2.1-billion Batangas-Manila (BatMan 1) natural gas pipeline project may be delayed anew as the state-run Philippine National Oil Co. (PNOC) has yet to conduct a study to determine the most feasible mode for the project.

Posted: February 25th, 2013 in Headlines | Read More »

Repair work takes its toll on Aboitiz Power plant

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Publicly listed Aboitiz Power Corp.’s plan to open its 70-megawatt (MW) hydroelectric power plant by October may be in jeopardy due to problems arising from ongoing repair work at the facility, the company told the local bourse.

Posted: September 3rd, 2012 in Headlines | Read More »

NorthRail project delayed anew

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The controversial NorthRail project faces more delays after the government has decided to hold off any negotiations with the contract’s Chinese proponents due to the prevailing political landscape in Beijing.

Posted: February 27th, 2012 in Latest Business Stories | Read More »

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