Gov’t unveils P60-B incentive to pitch PH as EV makers’ hub

MANILA, Philippines — President Marcos has greenlighted a P60-billion incentives package aimed at luring electric vehicle (EV) manufacturers to produce their units in the Philippines, as the government drives to position the country as a regional automotive manufacturing hub.

Executive Order (EO) No.

121, signed by Marcos on July 29 but made public only on ...