KCCP welcomes DTI's EV incentives

By Ed Paolo Salting

Nov 02, 2023 12:28 am

THE Korean Chamber of Commerce Philippines (KCCP) welcomed the Department of Trade and Industry's (DTI) plan to launch a program to foster the development of the local electric vehicle (EV) industry by providing incentives for this segment.

Joseph Um (Hyun-Chong), KCCP president and chairman of Samdo Group Philippines, noted, however, that more work was still needed to attract additional EV-related investments to the Philippines.

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

Trade tensions open opportunities

Amid lack of catalysts, investors seen cautious

Govt infra spending up by 16.9% in Sept

Fed policy framework review to start next year

UN rules for carbon trading OKd at COP29

Expanded pawnshop services OKd

Meat imports up 12.6% as of September