Philippines reconfigures participation in global value chains

Trade, investment, technology, and geopolitical trends that predate the pandemic will have implications for the participation of the Philippines in global value chains (GVCs). Emerging trends like the rise of automation, supply chain digitalization, artificial intelligence (AI) and the increasing use of services in manufacturing could affect the country’s traditional comparative advantages based on low continue reading : Philippines reconfigures participation in global value chains

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 and robust economic recovery this year.   This was disclosed by the officers and members of the Toys Manufacturers’ Association of Hong Kong (TMHK) who recently (February 4, continue reading : Hong Kong toy manufacturers see ‘Making it Happen’ in the Philippines, considers investing in the country’s resilient economy

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 Filipino technologies that are ready for adoption and commercialization.  The Compendium, which soft launched recently (December 10, 2020) at the DOST-PCIEERD’s 10th anniversary, features locally developed technologies supported continue reading : BOI, DOST-PCIEERD launches compendium of Filipino-developed technologies

BOI investments double up in January-September 2019

Cumulative investments recorded by the Philippine Board of Investments (BOI) reached Php764.7 billion as of September 2019, increasing more than two-fold (105 percent) in comparison with Php372.9 billion approved in the same period of the previous year. “The sustained high growth of investments is a proof of the business sector’s strong confidence in both the continue reading : BOI investments double up in January-September 2019

Masterplan for proposed Leyte Ecological Industrial Zone to be developed, Seen to attract more investors to locate in area, jumpstart economic activities

Heeding its call of being the primary catalyst and enabler of local industries, the Philippine Board of Investments (BOI), the country’s lead industry and investments promotion agency, announced the development of the Masterplan for the Leyte Ecological Industrial Zone (LEIZ) that is envisioned to attract more investors and businesses to locate in Leyte, jumpstarting the continue reading : Masterplan for proposed Leyte Ecological Industrial Zone to be developed, Seen to attract more investors to locate in area, jumpstart economic activities