Philippines commits to be Asia’s Partner in making post-pandemic recovery happen

Heading to the post-pandemic recovery, the Philippines will continue to be a strong partner of Asian countries in trade and investments. It was the resounding message of the Department of Trade and Industry (DTI) and the Board of Investments (BOI) during a webinar titled, “The Philippines: Asia’s Partner in Post-Pandemic Recovery” held recently (December 16, continue reading : Philippines commits to be Asia’s Partner in making post-pandemic recovery happen

BSP reports a 98.9% increase in FDIs for Oct 2021, BOI remains confident of rosy investment prospects in 2022

Following the Bangko Sentral ng Pilipinas’ (BSP) report showing significant growth of foreign direct investments (FDI) net inflows by 98.9% year-on-year in October 2021, the Board of Investments (BOI) said it remains confident in the prospect of more investments coming into the country in 2022.  Based on the latest BSP data released this week, the continue reading : BSP reports a 98.9% increase in FDIs for Oct 2021, BOI remains confident of rosy investment prospects in 2022

BOI nods Php109.5-M essential oil export producer’s project in Zambales

The Board of Investments (BOI) has approved the application for registration of Iba Botanicals Inc. as a new export producer of pure essential oils that will soon operate in Zambales.   Expected to start its commercial operation in January 2022, the project was registered under Republic Act (R.A.) No. 11534 or Corporate Recovery and Tax continue reading : BOI nods Php109.5-M essential oil export producer’s project in Zambales

BOI greenlights Php23-M Molnupiravir producer, aims to help fight COVID-19 casualties

The Philippine Board of Investments (BOI) has approved the application for registration of Lloyd Laboratories, Inc. as domestic producer of Molnupiravir, an oral therapy for COVID-19 patients.   “Amid the steep surge of COVID-19 cases exacerbated by the emergence of new variants, it is a crucial and urgent step to produce oral therapies locally to continue reading : BOI greenlights Php23-M Molnupiravir producer, aims to help fight COVID-19 casualties

BOI approves Php195.5-M broiler chicken producer’s project in Cavite

The Board of Investments (BOI) has given a thumbs up to the application for registration of Agro Azienda Inc., a new producer of broiler chicken in Maragondon, Cavite.   Listed in the sector of “Agriculture, Fishery and Forestry” of the 2020 Investment Priorities Plan (IPP) as the transitional Strategic Investment Priority Plan (SIPP) of the Corporate continue reading : BOI approves Php195.5-M broiler chicken producer’s project in Cavite