Tag: BOI

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Green Lane speeds P360B wind investments forward

The government’s Green Lane initiative is accelerating major renewable energy investments, with the Board of Investments stepping up efforts to fast-track four offshore and onshore wind projects worth a combined P360.67 billion. 

Lapu-Lapu, BOI tie-up targets Cebu investment surge

A new partnership between the Lapu-Lapu City Government and the Board of Investments is expected to strengthen Cebu’s investment climate, with private sector participation—particularly from Aboitiz InfraCapital—seen as a key catalyst for long-term growth.

Philippines courts Japanese capital with banking alliance

The Philippines is sharpening its pitch for Japanese capital, formalizing a three-way partnership between the Board of Investments (BOI), Sumitomo Mitsui Banking Corp. (SMBC), and Rizal Commercial Banking Corp. (RCBC).

Gov’t targets 2027 to settle CARS dues

The government is aiming to fully settle its remaining obligations under the Comprehensive Automotive Resurgence Strategy (CARS) Program by 2027, according to Ceferino Rodolfo, managing head of the Board of Investments.

BOI mulls coal incentives amid Semirara uncertainty 

The Board of Investments (BOI) is considering whether coal mining and production should be added to the list of activities eligible for fiscal perks under the upcoming Strategic Investment Priority Plan (SIPP), a move that could benefit Semirara Mining and Power Corp. (SMPC), the country’s largest coal producer.

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ACEN affiliate to buy up to 49% stake in Indian solar

ACEN Corp. has announced its affiliate, Unlimited Renewables Holdings, signed agreements to acquire as much as 49 percent of Tejorupa Renewables India Project Private Limited, through partner Diamond India Renewables One B.V. (DIRO).

DA intensifies hog repopulation for food security

The Department of Agriculture (DA) is stepping up efforts to rebuild the country’s hog population while keeping pork supplies steady and prices stable, balancing industry recovery and food security amid the ongoing threat of African Swine Fever (ASF).

NGCP cuts transmission rates for June bills, average down 9.33%

The National Grid Corporation of the Philippines (NGCP) announced on Monday lower overall transmission rates that will appear in consumers’ June 2026 electricity bills.

Mixed fuel price adjustments expected; US-Iran deal could reduce costs

The Department of Energy (DOE) projects mixed fuel price changes this week, amid progress on a US-Iran peace deal that may reopen the key Strait of Hormuz oil route.

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