LAOAG CITY, Ilocos Norte – Ilocos Norte officials led by Gov. Matthew Marcos Manotoc left for China to attend the ASEAN Investment and Trade Conference at Dezhou City in Shandong province. Gervy James Gumarit, head of the Communication and Media Office (CMO) of the Ilocos Norte provincial...
Mass housing developers have asked the Board of Investments (BOI) to raise to P4 million from the current P2 million threshold price per housing unit that would be eligible for government tax incentives, and extend the income tax holiday (ITH) availment period to six years from four years. In its...
A total of 1,370 IT business process management (ITBPM) firms with combined investments of P8.185 billion have transferred their registration to the Board of Investments (BOI) from other investment promotion agencies (IPAs) to continue enjoying fiscal perks even if they operate under the...
A total of 1,370 IT business process management (ITBPM) firms with combined investments of P8.185 billion have transferred their registration to the Board of Investments (BOI) from other investment promotion agencies (IPAs) to continue enjoying fiscal perks even if they operate under the...
The domestic nickel industry said the government should first provide a stable policy environment for the mining industry, primarily on nickel, to be able to attract more foreign investors and participate in the electric vehicle (EV) global value chain. FNI and PNIA President Dante R. Bravo...
LAOAG CITY – Several investment potentials for partnership between the Indian government and Ilocos Norte were showcased in a roadshow at the Plaza Del Norte in this city, according to Gov. Matthew Marcos Manotoc. Gov. Manotoc and Indian Ambassador Shambu S. Kumaran led the business...
Now is the time to end 36 years of poverty by easing the 1987 Constitution's limitations on Foreign Direct Investments (FDIs), Senator Robinhood "Robin" C. Padilla said Thursday, March 2. Sen. Robinhood C. Padilla presides over the continuation of the hearing of the Committee on Constitutional...
SM Investments Corporation (SMIC) reported a 27 percent jump in consolidated net income to P25.5 billion in the first half of 2022 from the P20.1 billion it earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said consolidated revenues rose 23 percent to...
The Subic Bay Metropolitan Authority (SBMA) is targeting P30 billion in investments this year as more manufacturing firms are relocating and expanding while service establishments have reopened their facilities after the pandemic and in anticipation of the huge operation of the US private equity...
ILOILO City Hall at night. (Tara Yap) ILOILO CITY – The city government is reviewing the waste-to-energy proposal of a subsidiary of Metro Pacific Investments Corp. (MPIC). “We are presently evaluating the proposal submitted,” said Mayor Jerry Treñas in a statement. Metro Pacific Water (MPW)...
The Board of Investments (BOI) is confident it would hit its P1 trillion investment approvals target for 2023, citing serious interests from global investors. Trade and Industry Secretary Alfredo E. Pascual, who is also BOI chairman, attributed the renewed interest of multinationals following the...
Allowing the International Criminal Court (ICC) to pursue its investigation against former president Rodrigo Duterte will boost the Philippines' chances of landing foreign investments. Albay 1st district Rep. Edcel Lagman (left) and former president Rodrigo Duterte (Facebook, Malacañang)...
