The country’s largest business group and investment promotion agencies (IPAs) expect the government’s new investment promotion framework to encourage the entry of capital aligned with global growth trends, such as artificial intelligence (AI). Management Association of the Philippines (MAP)...
President Marcos has approved the 2026 Strategic Investment Priority Plan (SIPP), identifying key industries and emerging technologies that will be prioritized for government incentives and investment promotion. Under Memorandum Order No. 47 signed on May 21, the President approved the latest SIPP...
The government’s new list of economic activities eligible for incentives is expected to encourage the entry of investments aimed at propelling the country’s economic growth, according to the Department of Trade and Industry (DTI). Trade Secretary Cristina Roque said the government is looking...
The Board of Investments (BOI) has set Friday, Feb. 14, as the deadline for businesses and other stakeholders to submit their inputs for the 2025-2028 Strategic Investment Priority Plan (SIPP). The SIPP, a three-year framework that lists economic activities that can qualify for fiscal incentives,...
The final draft of the Strategic Investment Priorities Plan (SIPP) under the Corporate Recovery and Tax Incentives for Enterprises (CREATE) law has been completed and will soon be presented to President Rodrigo Duterte, said House Ways and Means chair and Albay 2nd District Rep. Joey Salceda. Rep....
The Fiscal Incentives Review Board (FIRB) is supporting the proposal on the Strategic Investment Priority Plan (SIPP) by the Board of Investments (BOI), an attached agency of the Department of Trade and Industry (DTI). The SIPP will serve as the primary basis for determining which projects or...
The Department of Energy (DOE) is amplifying its pitch for American companies to consider injecting capital into the country’s renewable energy (RE) sector as government schedules another contracting round this year. Energy Secretary Alfonso G. Cusi sounded this off during a Virtual Economic...
The Department of Finance (DOF) said the government will finalize within this month the Strategic Investment Priority Plan (SIPP) of the Corporate Recovery and Tax Incentives for Enterprises (CREATE) law. In a statement, Finance Secretary Carlos G. Dominguez III said on Wednesday, Jan. 12, that the...
The Department of Energy (DOE) will be issuing guidelines on the availment of incentives with the Board of Investments (BOI) for qualified energy efficiency (EE) projects. ‘ The department has issued a draft Circular that will be the basis on its solicitation of inputs and comments from relevant...
The Department of Finance (DOF) has tossed to the Board of Investments (BOI) the need to review the re-classification of the tax incentives being granted to energy efficiency (EE) projects under the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act. In a letter-response to the...
The Fiscal Incentives Review Board (FIRB) has adopted the framework for the grant of incentives to qualified industries under the government’s Strategic Investment Priorities Plan (SIPP). As provided in the newly enacted Corporate Recovery and Tax Incentives for Enterprises (CREATE) Law that...
The Strategic Industries Priorities Plan (SIPP), the new list of priority economic activities entitled to new tax incentive packages under the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act, will focus on investments that are innovation-driven. Trade and Industry Secretary Ramon...
