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BoI investment pledges up 25% in 8 months

THE Board of Investments (BoI) said approved investment pledges increased by 25% year on year in the first eight months of 2020.

BoI-approved investments more than double in 1st half

THE Board of Investments (BoI) said approved pledges more than doubled to P645.3 billion in the first half of 2020, led by the San Miguel Holdings Corp. subsidiary’s airport project in Bulacan.

Investment Priorities Plan to incentivize pandemic-containment projects

THE Board of Investments (BoI) said Wednesday that it has proposing to modify the 2020 Investment Priorities Plan (IPP) to classify variuos pandemic-mitigating activities as eligible for incentives, with the adjustments awaiting President Rodrigo R. Duterte’s approval.

Taiwan’s New Kinpo to make ventilators, face masks locally

Taiwan’s New Kinpo Group will produce 1,000 ventilators and 2.5 million face masks in the Philippines to support the country’s efforts to contain the...

BoI expecting ‘small’ benefit from trade war, more steel investment

THE Board of Investments (BoI) said it is expecting a “small” benefit from the US-China trade war but is working to capture more investment from relocating firms seeking to evade tariff coverage, particularly the steel industry.

President Duterte appoints Ramos-Samaniego as BoI governor

PRESIDENT Rodrigo R. Duterte has appointed Board of Investments (BoI) Management Service Group OIC-Executive Director Marjorie O. Ramos-Samaniego as BoI governor.

PHL, Japan eye ‘collaboration’ in Build Build Build program

Manila and Tokyo continued to engage in talks to deepen industrial cooperation amid the ongoing Build Build Build program of the government. In a statement...

BoI eyes declaration of Marawi as less developed area

THE BOARD of Investments (BoI) on Friday proposed to include the city of Marawi and the surrounding towns to be included in the list...

BoI approves perks for plastic pellet exporter

PORTAL Steels, Inc. has won tax and fiscal incentives for its plastic pellet export business, qualifying under the Investment Priorities Plan (IPP), the Board...

BoI approves tax perks for Davao coconut processor

THE Board of Investments (BoI) said it approved the application for tax incentives of a Davao-based coconut processor to support a P30-million facility. In a...

BOI okays P35.4-B biomass, wind projects

THE Board of Investments (BOI) has approved four renewable energy (RE) projects totaling P35.4 billion. In a statement, BOI said that it has approved a...

P4.15-B solar power plant gets approval from BoI

THE BOARD of Investments (BoI) gave the green light for Pilipinas Newton Energy Corp.’s plan to build P4.15 billion solar power plant in Pangasinan. In...

BoI approves poultry processor’s cold storage project

THE Board of Investments said it will be granting fiscal and tax incentives to a poultry processor’s cold storage facility expansion, declaring the project...

BoI Cebu OK’s first application from micro/small firm

CEBU-BASED furniture maker Maison Galuchat, Inc. has secured approval for the registration with the Board of Investments (BoI) of its P9.13-million venture that seeks...