{"id":246766,"date":"2020-03-02T05:56:29","date_gmt":"2020-03-02T10:56:29","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=246766"},"modified":"2020-03-02T05:56:29","modified_gmt":"2020-03-02T10:56:29","slug":"firm-eyes-to-buy-hondas-facility-in-laguna-dti","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2020\/03\/02\/firm-eyes-to-buy-hondas-facility-in-laguna-dti\/","title":{"rendered":"Firm eyes to buy Honda\u2019s facility in Laguna: DTI"},"content":{"rendered":"<figure id=\"attachment_177630\" aria-describedby=\"caption-attachment-177630\" style=\"width: 1350px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2018\/08\/LIM5.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-177630\" src=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2018\/08\/LIM5.jpg\" alt=\"\" width=\"1350\" height=\"900\" srcset=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2018\/08\/LIM5.jpg 1350w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2018\/08\/LIM5-300x200.jpg 300w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2018\/08\/LIM5-768x512.jpg 768w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2018\/08\/LIM5-1024x683.jpg 1024w\" sizes=\"auto, (max-width: 1350px) 100vw, 1350px\" \/><\/a><figcaption id=\"caption-attachment-177630\" class=\"wp-caption-text\">FILE: Trade and Industry Secretary Ramon Lopez announces during a press briefing at the International Media Center (IMC) in New Delhi, India on January 25, 2018 that the Philippines and India has entered into nine agreements that aim to expand and strengthen the trade and investment relationship of both countries. YANCY LIM\/PRESIDENTIAL PHOTO<\/figcaption><\/figure>\n<p><strong>MANILA<\/strong>\u00a0\u2013 Trade Secretary Ramon Lopez said a company is interested to buy the manufacturing facility of Honda Cars Philippines, Inc. (HCPI) in Sta. Rosa, Laguna.<\/p>\n<p>Lopez told reporters at the sidelines of National Business One-Stop Shop launching on Friday the company that inquired about HCPI\u2019s property is an existing firm here but \u201cnot necessarily\u201d in the automotive industry.<\/p>\n<p>\u201cThat\u2019s our point. If a company left, then some will expand. They would like to locate here, expansion of their operation,\u201d he added.<\/p>\n<p>He, however, declined to name the company that is interested to take over HCPI\u2019s facility.<\/p>\n<p>HCPI will be closing its car assembly operation this month after announcing its rationalization plan for Asia and Oceania region.<\/p>\n<p>The factory in Laguna is producing Honda models BR-V and City.<\/p>\n<p>Recently, the country\u2019s trade chief said it is the global uncertainties that pushed multinational companies like Honda to shut down their operations in the Philippines.<\/p>\n<p>\u201cLook at the world; we are a small player, a small country compared to the global world demand. So you can expect a lot of this rationalization,\u201d Lopez said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MANILA\u00a0\u2013 Trade Secretary Ramon Lopez said a company is interested to buy the manufacturing facility of Honda Cars Philippines, Inc. &hellip;<\/p>\n","protected":false},"author":44,"featured_media":177630,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"class_list":["post-246766","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","mauthors-kris-crismundo","mauthors-philippine-news-agency"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/246766","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=246766"}],"version-history":[{"count":1,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/246766\/revisions"}],"predecessor-version":[{"id":246767,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/246766\/revisions\/246767"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/177630"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=246766"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=246766"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=246766"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}