The Board of Investments (BOI) reported that it had approved six projects following President Marcos’ decision in February to raise the investment promotion agencies (IPAs) threshold to P15 billion. According to the Department of Trade and Industry's (DTI) IPA, the BOI greenlit six projects...
President Marcos has appointed top banker Walter Wassmer to join the Banko Sentral ng Pilipinas (BSP) Monetary Board, the Presidential Communications Office (PCO) announced on Thursday, July 11. Walter Wassmer (file photo) Before joining the public sector, Wassmer was a consultant and non-executive...
Albay 2nd district Rep. Joey Salceda (Rep. Salceda's office) Albay 2nd district Rep. Joey Salceda hailed the Marcos administration for its successful bid to have the Philippines host the Loss and Damage Fund (LDF) Board under the United Nations Framework...
Finance Secretary Ralph G. Recto said that the country’s hosting of the Loss and Damage Fund (LDF) board is an opportunity to access more climate finance and investments. “We were chosen because of our strong commitment and concrete climate actions on the ground, and we thank the President for...
The Philippines will now have a formidable voice as the host of the inaugural Loss and Damage Fund board, the global fund that aims to help vulnerable nations address the impact of climate change caused by rapid industrialization, President Marcos said on Wednesday, July 10. President...
The Board of Investments (BOI) has granted approval for agricultural projects totaling nearly P10 billion to bolster the country’s food security and resilience. In a statement, the Department of Trade and Industry’s (DTI) investment promotion agency said the Department of Agriculture (DA)...
The Philippines has been elected to host the Loss and Damage Fund Board, President Marcos announced. (Photo courtesy of UNFCCC) Marcos made the announcement through a post on X on Tuesday night, July 9. "I am proud to announce that the Philippines has been elected to host the Loss and Damage Fund...
The Board of Investments (BOI) reported on Tuesday, July 9, that the government is crafting a strategic roadmap to propel the development of the domestic bioplastics sector. In a statement, the Department of Trade and Industry’s (DTI) investment promotion agency said it aims to formalize the...
The Private Sector Advisory Council (PSAC) is looking at improving the internet connectivity in the country following the approval by the National Economic and Development Authority (NEDA) board of P16.1 billion for the establishment of a digital infrastructure. Although a far cry from the...
After its suspension last year, Malacañang has officially revoked the policy grating Career Executive Service (CES) ranks to graduates of master’s studies of the National Defense College of the Philippines (NDCP), citing the need to synchronize the standards and procedures for the conferment of...
Senator Raffy Tulfo urged the Toll Regulatory Board (TRB) to address the longstanding problem of faulty RFID systems, which had been causing traffic jams in several expressways. Tulfo, who chairs the Senate Committee on Public Services, expressed concern following complaints that the scanners...
The Board of Investments (BOI) has committed to tackling the persistent challenges faced by local and foreign investors in the country through enhanced policy alignment and increased collaboration among government agencies. In a statement on Wednesday, July 3, Bobby G. Fondevilla, BOI executive...
