Philippine Board of Investments

The Economy

Philippine Board of Investments sets sight on record-breaking year as investment approvals surge by 155% in Q1 2023, eyes bright investment prospects ahead

The Philippine Board of Investments (BOI) continues to push forward at full throttle to attract more investments into the country and hit its Php1.5 trillion annual target as investment approvals…

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Board of Investments promotes plant-based food, gears up local researchers and start-ups for the ‘Big Idea Food Competition’

The Board of Investments (BOI), the Philippines’ lead industry promotion agency, recently conducted an online information session on the upcoming Big Idea Food Competition (BIFC) 2022 Asia Edition to raise…

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The Philippines eyes significant investments from Europe, targets electronics and IT-BPM firms

The Philippines is eyeing significant investments from Europe, Trade Secretary Ramon Lopez said during a virtual investment roadshow recently, dubbed as “Make It Happen In the Philippines: A Forum on…

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The Economy

Board of Investments approves agriculture and power projects worth P2.8B, to boost the growth of the resource-based sectors

The Board of Investments (BOI) recently approved the registration of two agriculture projects and one renewable energy (biomass) project worth a total of P2.8B. These are Axelum Resources Corporation’s P270M…

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The Economy

Department of Trade and Industry and the Board of Investment hails President Duterte’s signing of CREATE Act

The Department of Trade and Industry (DTI) and the Board of Investments (BOI) hailed the signing of the landmark Republic Act. No. 11534, or the Corporate Recovery and Tax Incentives…

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The Economy

BOI approves P356M bike project, to boost demand

The Board of Investments (BOI) recently gave the nod to the application of TRINX Bicycle Sport Technology Corp. (TBSTC) as a new Export Producer of Bicycles which qualifies the company…

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Hong Kong toy manufacturers see ‘Making it Happen’ in the Philippines, considers investing in the country’s resilient economy

Foreign investors continue to show strong confidence in doing business in the country as they see themselves to “Make It Happen” in the Philippines, as it primes up for a resilient…

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The Economy

CREATE and infrastructure-led sectors will boost investments, economic recovery

The impending implementation of the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act and the sectors led by construction and infrastructure will have the biggest impact on the road to…

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Technology

BOI, DOST-PCIEERD launches compendium of Filipino-developed technologies

The Board of Investments (BOI) and the Philippine Council for Industry, Energy and Emerging Technologies of the Department of Science and Technology (DOST-PCIEERD) have put together a Compendium of select…

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The Economy

BOI-approved investments top P1 trillion in 2020, targets P1.25 trillion for 2021

Manila — Department of Trade and Industry (DTI) Secretary and Board of Investments (BOI) Chairperson Ramon Lopez announced a Php 1.25 Trillion (T) project approval target for the agency in…

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Middle East & Africa

Philippines Investment Agency Wins Award in UAE

The Board of Investments (BOI) of the Philippines received an investment excellence award at the Annual Investment Meeting (AIM) 2020 held in Dubai on 22 October 2020. The BOI was…

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Entrepreneur

Strong new package of tax breaks and incentives for Philippine manufacturers

A range of new financial measures and incentives are now available to manufacturers in the Philippines, thanks to new legislation recently signed into law. The ‘Bayanihan 2 Act’ is aimed…

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Entrepreneur

Philippine government launches business support campaign aimed at helping businesses adapt and recover from the Covid-19 pandemic

The Philippine government has launched a campaign aimed at helping businesses adapt and recover from the Covid-19 pandemic. The campaign, led by the Board of Investments (BOI), provides a dedicated website with…

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The Economy

Approved investments of the BOI surges 112%

The Philippine Board of Investments (BOI) recorded Php645.3 billion of approved investments in the first six months of the year, bouncing back strongly with a 112% surge from just Php304.4.…

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The Economy

Registered investments with the Philippine Board of Investments totals P84B for first four months, down from 2019

For the first four months of this year, total investments recorded by the Philippine Board of Investments (BOI) reached Php84.1 billion—a 71% digression from 2019’s Php286.7 billion. “The downturn is…

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Entrepreneur

Government offering business incentives to manufacturers of COVID-19 related products

The Philippines Board of Investments (BOI) is now accepting applications for the accreditation for companies manufacturing products that support the government’s efforts to fight the spread of the COVID-19 global…

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Department of Trade and Industry – Export Marketing Bureau to embark on outbound business mission to Mexico, United States of America in 2020

In an effort to increase trade with Latin America and the United States of America (USA), the Department of Trade and Industry – Export Marketing Bureau (DTI-EMB) and the Philippine…

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