Mabuhay Vinyl Corp. (MVC), the country’s sole chlor-alkali producer, has increased its production capacity at its plant in Iligan City, the Board of Investments (BOI) said. In a statement, the BOI said the MVC invested P630 million in the facility to meet the rising demand for essential chemicals...
The Board of Investments (BOI) has approved a total of P4.13 trillion in high-impact projects, including hundreds of renewable energy (RE) investments, through its green lane initiative. Of the 126 projects certified by the BOI, 119 are clean energy projects, with a combined investment value...
Hong Kong continues to be one of Asia’s top destinations to unwind and spend the holiday season in. Although this raises the question for repeat travelers, what else is there to see in Asia’s World City? Here are a few places for those who wish to take the road less traveled by and find...
The Department of Energy (DOE) is making a bold promise to power plant investors that it will be extending utmost help so they can secure warranted permits with the national government agencies (NGAs) as well as with their host-local government units (LGUs) so that the P1.29 trillion worth of...
The Board of Investments (BOI) has approved the registration of Nakashin Davao International Inc.'s 519.2-kilowatt peak Solar PV Rooftop System project, the first renewable energy (RE) initiative to receive energy efficiency incentives. With a projected budget of P26 million, the Solar PV Rooftop...
The Board of Investments (BOI) announced that it has achieved investment approvals totaling P1.35 trillion from January to mid-September, exceeding its initial target of P1.26 trillion for the year. This year-to-date figure represents a substantial 82 percent increase compared to the P741.98...
Senator Ronald “Bato” Dela Rosa on Monday, September 16 urged the Department of Budget and Management (DBM) to release the P126-million worth of mandatory contribution remittances of various government agencies for the Dangerous Drugs Board (DDB). Dela Rosa said the DBM is practically...
The Board of Investments (BOI) granted ACEN Corp. a green lane certificate of endorsement for its 587-megawatt solar power plant in Zambales. In a statement, BOI said the construction of the San Marcelino solar power plant project will "employ up to 2,000 skilled workers, with Phases 1 and 2 alone...
The Board of Investments (BOI) and BDO Unibank, Inc. have entered into a partnership to promote investments in the Philippines. According to BOI, the agreement signed on Sept. 3 strengthens their collaboration on investment seminars and promotion activities, noting that “the partnership also aims...
The Board of Investments (BOI) has partnered with South Korean lender Shinhan Bank to attract more foreign investors to the Philippines. The move comes as Manila anticipates the ratification of a Free Trade Agreement (FTA) with South Korea, which is expected to boost economic ties between the two...
The Board of Investment (BOI) said it will provide technical assistance to the Batangas government to improve the ease of doing business and expedite investment realization in the province. Trade Undersecretary and BOI Managing Head Ceferino S. Rodolfo said that they will enhance their...
Veteran banker Jose L. Querubin will take his oath of office on Thursday, Sept. 5, as the seventh member of the Monetary Board, the top policymaking body of the Bangko Sentral ng Pilipinas (BSP). Jose L. Querubin (Photo credit: Gawad Kalinga Canada) BSP Governor Eli M. Remolona Jr....
