The Department of Trade and Industry (DTI) has exceeded its 2024 investment targets, reaching a total of P1.834 trillion in investments from the Board of Investments (BOI) and the Philippine Economic Zone Authority (PEZA). According to the DTI, the major factors behind this achievement include...
The Board of Investments (BOI) is seeking to strengthen trade and investment relations with Hungary, focusing on electronics, semiconductors, IT-BPM, and software development. At the recent Philippine-Hungary Business Forum, BOI Managing Head and Trade Undersecretary Ceferino Rodolfo highlighted...
The National Economic and Development Authority (NEDA) Board, chaired by President Marcos, approved a key irrigation project in northern Luzon that will provide irrigation water and possibly hydroelectrical power to the region. President Ferdinand 'Bongbong' Marcos Jr. and NEDA Secretary...
TAKING THE LEAD The Philippine delegation at the IBTM World 2024, featuring representatives from the Tourism Promotions Board (TPB) Philippines, The Manila Hotel, Blue Horizons Travel and Tours, Inc., Uni Orient Travel, Inc., and Travelite DMC Philippines Showcasing the best of what the...
The National Economic and Development Authority (NEDA) Board, chaired by President Marcos, has approved the implementation of a free trade agreement with South Korea and two major infrastructure projects totaling P63.2 billion. In a statement on Tuesday, Dec. 17, NEDA Secretary Arsenio M. Balisacan...
BACOLOD CITY – Two nursing graduates from Negros Occidental placed eighth in the November 2024 Philippine Nurses Licensure Examination. NAKAR (via UNO-R) Mary Catherine Nakar, a resident of Kabankalan City, and Ellisha Leigh Perocho, from Bago City, both obtained a 91 percent rating in the board...
The Board of Investments (BOI) reported that it has approved a total of P1.58 trillion in investments in the first 11 months of the year, driven largely by a surge in renewable energy projects. In a statement on Wednesday, Dec. 4, the Department of Trade and Industry (DTI) attached-agency said the...
President Marcos emphasized how the Fund for Responding to Loss and Damage (FRLD) will significantly assist the Philippines in addressing the adverse effects of climate change amid increasing disaster risks. President Ferdinand R. Marcos Jr. meets with the members of the Board of the Fund for...
Buhawind Energy Philippines (BEP) has been awarded the green lane certification by the Board of Investments (BOI) for its three offshore wind power projects with a combined target capacity of 4,000 gigawatts (GW). In a statement on Wednesday, Nov. 20, the BOI said the certification was granted due...
Philippine Airlines (PAL) will be equipping its aircraft with locally-made main cabin seats produced by Collins Aerospace, marking the first time the flag carrier will use Filipino-made seating. In a statement on Friday, Nov. 15, the Board of Investments (BOI) said this milestone between PAL and...
Senator Ramon “Bong” Revilla Jr. has urged the government not to leave employees of the Optical Media Board (OMB) in limbo. During the Senate’s hearing on the proposed budget of the OMB for 2025, OMB’s primary function was put into question after Senate President Pro Tempore Jinggoy...
President Marcos has given the Philippine Coast Guard (PCG) the green light to acquire 40 fast patrol craft (FPCs) from France as part of his administration's initiative to enhance maritime security by upgrading the PCG's capabilities. President Ferdinand 'Bongbong' Marcos Jr. (Malacañang file...
