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....
The Board of Investments (BOI) announced on Wednesday, Sept. 4, that investments certified under the green lane program have surpassed P3 trillion. In a statement, BOI reported that 115 projects have been submitted to its One-Stop Action Center for Strategic Investments (OSACSI) as of August 2024,...
WORLD CLASS EVENT Department of Tourism (DOT) Secretary Christina Garcia Frasco (fifth from right), along with officials of the DOT and Tourism Promotions Board (TPB) Philippines, poses with World Travel Awards (WTA) founder Graham Cooke (fourth from left) on the sidelines of the Philippines'...
Marawi Compensation Board (MCB) chairperson lawyer Maisara Dandamun-Latiph expressed the need for more plantilla positions in a bid to expedite the processing and issuance of claims to the victim-survivors of the Marawi siege. Deputy Minority Leader Risa Hontiveros presides over the Finance...
The Board of Investments (BOI) and two constituents of the University of the Philippines (UP) signed an agreement to collaborate on investment promotions for locally developed biofertilizers and herbal medicine technologies. The BOI signed a memorandum of understanding with the UP Manila and the UP...
