Companies / Philippines
Philippines U-Turn On Assembly Incentives
April 2008 | Industry NewsThe Philippines Board of Investment (BoI) and the Chamber of Automotive Manufacturers of the Philippines (CAMPI) have reached middle ground on the issue of the 2008 Investment Priorities Plan (IPP). Under a draft version released in late 2007, the BoI planned to reduce the number of industry sectors entitled to tax breaks from 11 to six. One of the sectors to be removed from the list was vehicle assembly, which aroused the concern of CAMPI due to the already fragile nature of the country's vehicle production
Sorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
If you would like to subscribe to Asia Pacific Automotives Insight and gain instant access to this article, please click here to subscribe.
If you would like to take a trial to Asia Pacific Automotives Insight please click on the trial link below.
