Used Car U-Turn: Help Or Hindrance?

Ports in the Philippines are gearing up to receive shipments of used imported vehicles again after a three-year ban was lifted by the Court of Appeals on June 28. However, while much emphasis has been placed on the increased revenue for the government and new jobs resulting from the decision, BMI questions its impact on the new car market, which is already one of the smallest in the region and looking to recover from the effects of the Japanese earthquake and tsunami in

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