The Board of Investments (BOI) has granted green lane status to ₱6.32 trillion worth of investments by the end of May, with the majority of the endorsed projects now undergoing pre-development following the expedited processing of permits. Data from the BOI showed that a total of 237 projects...
The Board of Investments (BOI) expects foreign investment pledges approved by the country’s investment promotion agencies (IPAs) to maintain their upward trajectory through the end of the year, despite a sharp decline in total approved investments in the first quarter. Department of Trade and...
The Board of Investments (BOI) has certified ₱340.07 billion worth of investments under the green lane program for the first four months of the year, fueled by the growing appeal of the country as a renewable energy (RE) hub. In a statement, the BOI said these investments are from 14 proposed...
The government’s new list of economic activities eligible for incentives is expected to encourage the entry of investments aimed at propelling the country’s economic growth, according to the Department of Trade and Industry (DTI). Trade Secretary Cristina Roque said the government is looking...
Singapore-based Vena Group is strengthening its role in the Philippines’ ongoing transition to clean energy as it begins development of its two solar projects in Ilocos Norte valued at over ₱24 billion, according to the Board of Investments (BOI). The BOI said the groundbreaking of the Astra...
The Philippines is planning to ease existing hurdles to trade with Turkey as it looks to encourage investments in the country’s manufacturing and infrastructure sectors, according to the Board of Investments (BOI). In a statement, the investment promotion agency said BOI managing head Ceferino...
The Board of Investments (BOI) has formalized a tripartite agreement with Sumitomo Mitsui Banking Corp. and Rizal Commercial Banking Corp. (RCBC) to bolster the pipeline of Japanese capital into the country, targeting a broader array of domestic industrial sectors. In a statement on Monday, April...
Despite escalating tensions in the Middle East, the Board of Investments (BOI) is pressing ahead with investor engagements in the region, as firms signal continued interest in Philippine projects and new opportunities emerge from the country’s inclusion in the United States (US)-led Pax Silica...
Groundbreaking for the planned United States (US) economic security zone in the Philippines could take place within the current Marcos Jr. administration, with the project expected to generate hundreds of thousands of jobs once fully developed, Philippine investment officials said. Officials from...
The United States (US) and the Philippines are planning to establish a 4,000-acre, or a nearly 1,619-hectare (ha), industrial hub in Luzon aimed at strengthening supply chains for critical inputs, according to the US Department of State. In an April 16 fact sheet, the US State Department said the...
The Board of Investments (BOI) endorsed a total of ₱6.43 trillion worth of projects under the green lane program by the end of the first quarter of 2026, expediting the processing of permits for more than 240 projects, largely in the renewable energy (RE) sector. In a statement on Tuesday, April...
Exin Therapeutics Inc., a biotech startup that harnesses artificial intelligence (AI) to expedite drug discovery, is planning to invest over ₱1 billion within the next four years as part of its expansion in the Philippines. In a statement, the Board of Investments (BOI) said it has facilitated...
