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...
The Board of Investments (BOI) expects a reduction in the imports of livestock and poultry through the broader adoption of good animal husbandry practices (GAHP), which aim to ensure the safety and health of both farm workers and animals. In a statement, the BOI said it is working to promote the...
The local pharmaceutical industry is expected to generate nearly $2 billion in revenues this year, with more potential for growth as the government eyes stronger support for domestic manufacturing, according to the Board of Investments (BOI). The BOI, the country’s lead investment promotion...
The Board of Investments (BOI) has sealed its first provincial partnership in Mindanao with the local government of South Cotabato, positioning the province as the premier investment hub in the Soccsksargen region. In a statement, the BOI said it has signed a memorandum of agreement (MOA) with...
The Board of Investments (BOI) has approved the registration of the country’s most advanced cancer treatment technology yet, poised to harness artificial intelligence (AI) to offer more precise and non-invasive care for Filipino patients. In a statement on Monday, Aug. 11, the BOI said it has...
The Board of Investments (BOI) has endorsed ₱5.75 trillion worth of projects under the green lane status by the end of June, with the bulk of the investments directed to the renewable energy (RE) sector. Data from the BOI showed that 222 projects have been certified to go through the green lane...
The Department of Trade and Industry (DTI) is now awaiting the approval of the Fiscal Incentives Review Board (FIRB) for the government’s new incentives program for domestic electric vehicle (EV) manufacturing, which is poised to attract ₱120 billion in capital investments. In a statement, DTI...
The Board of Investments (BOI), the lead investment promotion agency of the Philippines, is expecting to process ₱1.12 trillion worth of investment pledges over the next two quarters, signaling the country’s growing appeal as an investment hub. The BOI said it is currently checklisting 65...
The Philippines is committed to becoming a regional powerhouse for smart and sustainable industries through ease of doing business that would facilitate a higher influx of investments, according to the Board of Investments (BOI). BOI Governor Marjorie Ramos-Samaniego issued this pledge as the...
The Board of Investments (BOI) has endorsed more than ₱5-trillion worth of projects under green lane status by the end of April, with the renewable energy (RE) sector having the bulk of investments. From January to April this year, the BOI endorsed a total of 26 projects valued at ₱631.22...
NexGen Energy Corp. announced that its subsidiary, Airstream Renewables Corp. (ARC), has secured green lane status for its four wind farm projects. In a disclosure to the Philippine Stock Exchange on Monday, April 7, NexGen Energy said ARC’s wind projects, which are located in Quezon province,...
Germany-based Glenwood GmbH has opened a pioneering facility aimed at supporting pharmaceutical companies globally, becoming the first pharmaceutical services project in the country, according to the Board of Investments (BOI). Glenwood Services Philippines Inc. (GSPI), a subsidiary of...
