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Group lauds approval of BPO transfer to BOI for hybrid setup

ABS-CBN News
Updated as of Sep 19 11:03 AM

The transfer of BPOs to the Bureau of Investments is sign that the government recognized the sector's economic contribution, an industry group said. Read more »

BPOs allowed to transfer to investments board to settle WFH issue

ABS-CBN News
Posted at Sep 16 03:54 PM

IT-BPM firms were allowed to transfer to the Board of Investments, which would help them retain incentives while working outside ecozones. Read more »

Tax perks granted to Converge, 3 tower companies: DOF

ABS-CBN News
Posted at May 25 10:39 AM

The FIRB has granted tax incentives for Converge and 3 other tower companies in line with the CREATE law, the Department of Finance said. Read more »

BOI says amended Public Service Act to boost growth

ABS-CBN News
Posted at Feb 08 03:57 PM

The Board of Investments said the amended Public Service Act will boost foreign direct investments and fuel economic growth once it is enacted into law. Read more »

BOI eyes disaster response guidelines for businesses

ABS-CBN News
Posted at Jul 02 11:28 AM

The Investment Assistance Service of the Bureau of Investment is crafting guidelines that would help investors respond to disasters as the Taal Volcano shows signs of increased unrest.   Read more »

US, PH agencies acknowledge opportunities on vaccine manufacturing cooperation

ABS-CBN News
Posted at May 25 10:56 PM

The Philippine Embassy in the United States touted Tuesday a recent virtual forum between key offices of Manila and Washington that could lead to "exploration" of areas of partnership in vaccine manufacturing and distribution. Read more »

Philippines bags P137-B in investment pledges in January-March 2021

John Gabriel Agcaoili, ABS-CBN News
Posted at Mar 25 02:28 AM

MANILA - The Philippines posted P137 billion in investment pledges or approved investments from January to March this year despite the effects of the COVID-19 pandemic, the country's trade chief said Wednesday. Read more »

PH hit P1T in investment pledges in 2020 despite pandemic, targets P1.25T in 2021

ABS-CBN News
Updated as of Feb 02 09:25 PM

The Philippines posted P1.02 trillion of approved investments last year despite the impacts of the pandemic, the Board of Investments (BOI) said Tuesday. Read more »

Dominguez bats for revival of mining industry to generate jobs

Warren de Guzman, ABS-CBN News
Posted at Oct 07 12:44 PM

Finance Secretary Carlos Dominguez said Wednesday the mining industry in the country must be revived to generate jobs especially in rural areas.   Read more »

Foreign investments drop in January-June, but total figure 'more than doubles': BOI

ABS-CBN News
Posted at Jul 13 05:36 PM

The Board of Investments on Monday said approved foreign investments dropped to P18.6 billion in January - June this year, a 73 percent drop from P68.9 billion it registered in the same period last year. Read more »