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...
President Ferdinand "Bongbong" Marcos Jr. bared that there are 90 active investment leads from Chinese companies following his state visit to China in January. Marcos announced this as he spoke at the 33rd Biennial Convention of Federation of Filipino-Chinese Chambers of Commerce and Industry,...
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...
The Board of Investments (BOI), the country’s lead industry development and investments promotion arm, is conducting an appraisal study to develop the Philippine Plant-based Food Industry Roadmap. A six-month Rapid Industry Appraisal (RIA) Study aims to better understand the industry’s status,...
The Board of Investments (BOI) has thrown its strong support behind the full development and promotion of the 40-hectare Bukidnon Domestic Industrial Zone in Mindanao as hub for global food producers. BOI Managing Head Ceferino S. Rodolfo said the agency has facilitated the meeting of all...
The Board of Investments (BOI) has placed at $24.7 million the initial investments from the committed projects during the recent promotion drive in Switzerland. Trade and Industry Undersecretary Ceferino S. Rodolfo, who is also BOI managing head, said in a statement that the potential investments...
The Semiconductor Industry Association (SIA), which is composed of the world’s electronics giants, has remained confident that the Philippines will remain a critical player in the global semiconductor industry and a major hub for semiconductor assembly and test manufacturing. SIA members visited...
The Fiscal Incentives Review Board (FIRB) has extended until Jan. 31, 2023 the deadline for the transfer of registration of Information Technology and Business Process Management (IT-BPM) firms from the Philippine Economic Zone Authority (PEZA) to the Board of Investments (BOI). FIRB announced...
The IT and Business Process Association of the Philippines (IBPAP) partly attributed the lower turnout of IT business process management (ITBPMs) or business process outsourcing (BPO) firms that transferred their registration to the Board of Investments (BOI) to the possibility that they will still...
A House leader is prodding the Department of Finance (DOF) and the Fiscal Incentives Review Board (FIRB) to help business process outsourcing (BPO) companies retain their tax incentives under the CREATE law as well as their work-from-home jobs. Albay 2nd district Rep. Joey Salceda Albay 2nd...
Toyota Motor Philippines Corp. (TMPC) and Mitsubishi Motors Philippines Corp. (MMPC) have produced a total of 207,165 units of their respective enrolled models under the Comprehensive Automotive Resurgence Strategy (CARS) program to date, or just half of the 400,000-unit volume required under the...
