The singer-songwriter is now among celebrities making most of the novel app. Avril Lavigne made her TikTok debut recently, making it special for fans jamming to her iconic hit "Sk8er Boi." And she tapped a special guest, too. It's none other than skateboarding legend Tony Hawk. The video opened...
There has been strong interest from American firms to invest in the Philippines from manufacturing, infrastructure and services, according to the top official of the Board of Investments (BOI). At the virtual Philippines-US Make It Happen In the Philippines Business Dialogue, BOI Managing Head...
Dyson, the world’s leading innovative home appliance manufacturer, is in discussion with the Board of Investments (BOI) for the establishment of a full blown R&D Center in the Philippines as the country becomes a more viable location for foreign manufacturers. Trade and industry...
Do you want to learn more about home-grown technologies? dost Check out the “Compendium” set up by the Department of Science and Technology-Philippine Council for Industry, Energy and Emerging Technology Research and Development (DOST-PCIEERD) and the Department of Trade Industry (DTI)- Board...
The Board of Investments (BOI) is eyeing some Japanese pharmaceutical manufacturers to look at the Philippines as a viable location for their expansion and exports to ASEAN countries. BOI Managing Head Ceferino Rodolfo, who is also undersecretary of the Department of Trade and Industry, made...
The Implementing Rules and Regulations (IRR) of the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act is expected to be finalized this month but the new Strategic Investment Priorities Plan (SIPP) has to wait until early next year yet. “We’re hoping to sign the IRR within this...
A micro fruit processing enterprise in Agusan del Norte has been granted tax and fiscal incentives by the Board of Investments. With a modest project cost of P1.46 million, KOR-Palm Agricultural Development Philippines Corporation (KADC) has established a fruit processing plant with a maximum...
The Philippines continued to attract foreign direct investments (FDI) despite the pandemic, according to the Board of Investments (BOI). Trade and Industry Undersecretary Ceferino S. Rodolfo, who is also managing head of the country’s premier investment promotion agency - BOI, told...
The business sector has proposed a ten-point recommendation to the Duterte to push for economic recovery. At the Sulong Pilipinas Pre-SONA forum of the Economic Development and Infrastructure Clusters, Ambassador Benedicto V. Yujuico, president of the Philippine Chamber of Commerce and...
Implementation of the Strategic Investment Priorities Plan (SIPP), a list of priority areas that will be entitled to tax incentives under the new Corporate Recovery and Tax Incentives for Enterprises (CREATE) Law, is expected to take effect in January 2022. Trade and Industry Undersecretary...
Power and energy projects registered with the Board of Investments (BOI) jumped by 2,800 percent to P122 billion in the first quarter this year as against P4.2 billion only in the same period in 2020. According to BOI Managing Head Ceferino S. Rodolfo, the latest committed investment is the P1.22...
Biotech Farms, Inc. is investing P1.33 billion to expand its annual hogs production capacity by 48 percent to help address the huge shortage of meat products in the country caused by the African Swine Flu on local piggery farms. The Board of Investments has already approved the grant of tax...
