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+ Follow PHILIPPINE AUTOMOTIVE FEDERATION INC Tag
PHILIPPINE AUTOMOTIVE FEDERATION INC
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 1250139
                    [Title] => BOI mulls perks for local auto assemblers
                    [Summary] => 

The Board of Investments (BOI) is eyeing to introduce a new form of fiscal incentives for automotive firms with assembly operations here under the industry road map, an official yesterday said.

[DatePublished] => 2013-10-28 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1473425 [AuthorName] => Louella Desiderio [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 682926 [Title] => Sales of imported cars outpace locally made vehicles [Summary] =>

Sales of imported cars outpaced those of locally produced vehicles as sales of completely built up (CBU) cars increased by 9.8 percent in the first quarter.

[DatePublished] => 2011-05-07 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1480108 [AuthorName] => Ma. Elisa Osorio  [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 305308 [Title] => JPEPA negotiations remain at a standstill [Summary] => Negotiations for the Japan-Philippines Economic Partnership Agreement (JPEPA) are again at a standstill, as the Philippines awaits Japan’s response to the former’s final position on the remaining unresolved provisions of the agreement.

Senior Trade Undersecretary and Philippine chief negotiator Thomas Aquino, said talks remain frozen as Japan studies the Philippines’ revised position on the thorny automotive sector provision.

The Philippines "has submitted its position to Japan and it is now up to them to respond," Aquino said.
[DatePublished] => 2005-11-05 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097285 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 275508 [Title] => Gov’t lost P7.4B in uncollected taxes from used car trade — PAFI [Summary] => The Philippine Automotive Federation Inc. (PAFI) estimates that the Philippine Government has lost between P5.2 billion to P7.4 billion in uncollected tax revenues from used motor vehicle trading.

This was disclosed by PAFI president Vicente Mills during the recent 7th Asia-Pacific Economic Cooperation (APEC) Automotive Dialogue held at the New World Renaissance Hotel.
[DatePublished] => 2005-04-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097285 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 271898 [Title] => Carmakers back DTI on CBU import tariff reciprocity [Summary] => The Philippine Automotive Federation Inc. (PAFI) supports the position of the Department of Trade and Industry (DTI) and the Board of Investments (BOI) to apply the principle of full reciprocity to Malaysia with regards to its plan to fix its Common Effective Preferential Tariff (CEPT) rate for completely built-up (CBU) automobiles at 20 percent.
[DatePublished] => 2005-03-29 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097285 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 261831 [Title] => Auto firms seek ban on Japanese used car imports [Summary] => Local automakers have asked the government to ban or strictly regulate the importation of used motor vehicles from Japan to ensure the viability of the industry.

In a letter to the Tariff Commission, the Philippine Automotive Federation Inc. (PAFI), through its president Vicente Mills Jr., said "the issue of imported used motor vehicles from Japan should be given due consideration in the investment policy dialogues under JPEPA, or the Japan-Philippines Economic Partnership Agreement."
[DatePublished] => 2004-08-19 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097285 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 198648 [Title] => PAFI nixes value-based excise tax on cars [Summary] => The Philippine Automotive Federation Inc. (PAFI) has rejected the proposal of the Department of Finance (DOF) to change the basis of the excise tax for automotive vehicles from engine displacement to value.

In a position paper submitted to the Board of Investments (BOI), PAFI president Vicente Mills Jr. warned that the value-based excise tax system would create another loophole because "it would open the gates for price manipulation."
[DatePublished] => 2003-03-12 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097285 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 185643 [Title] => Carmakers urged: Tell the truth [Summary] => The Association of Philippine Auctioneers (APA) urged major carmakers this week to "stop telling lies" on their alleged losses due to the importation of used motor vehicles into the country.

In a statement, APA president Romulo Armamento said the claim of the Philippine Automotive Federation Inc. (PAFI) of possibly selling another 20,000 units last year if not for the continued importation of used motor vehicles is nothing but a blatant lie.
[DatePublished] => 2002-11-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Motoring [SectionUrl] => motoring [URL] => ) [8] => Array ( [ArticleID] => 184846 [Title] => Used vehicle imports cost government P2B [Summary] => The government could have earned another P2 billion in taxes and duties from locally manufactured vehicles last year, if it had decided earlier to clamp down on the importation of used vehicles.

Local motor vehicle manufacturers said they could have possibly sold another 20,000 units last year with the government earning the P2-billion potential revenue based on last year’s vehicle sales of 76,670 units worth P60 billion on which the industry paid P6 billion in value-added tax; P2.637 billion in duties on imported parts; and P2.058 billion in excise taxes.
[DatePublished] => 2002-11-21 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097285 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 184689 [Title] => Palace urged to relax further weight limit for truck imports [Summary] => Local government units (LGUs) and small and medium enterprises (SMEs) are lobbying Malacañang to relax further the weight limit for the liberalized importation of trucks and vans to a gross vehicle weight of 2.5 tons from the proposed 4.5 tons.

Industry sources said the new request is causing the delay in the signing of the revised Motor Vehicle Development Program (MVDP).
[DatePublished] => 2002-11-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097285 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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