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...
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...
