Tag: BOI

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Philippines eyes $110B chip exports amid funding push

The Department of Trade and Industry (DTI), through the Board of Investments (BOI), has unveiled a roadmap to raise the Philippines’ semiconductor and electronics exports to USD110 billion annually by 2030, as it seeks to strengthen the country’s position in the global supply chain.

Philippines drops RACE, pivots to EV incentives 

The Philippine government has scrapped its long-planned Revitalizing the Automotive Industry for Competitiveness Enhancement (RACE) program, opting instead to fast-track a new incentive framework focused on electric vehicles, a senior investment official said.

P6.43T green lane projects advance toward implementation  

Projects endorsed under the government’s Green Lane Initiative are beginning to transition from approvals to execution, signaling early traction in the Philippines’ efforts to accelerate strategic investments across priority sectors.

Startup Nascent gains global battery recognition

A Philippine breakthrough in energy technology is drawing global attention, as Nascent Technologies Corp. secures a place in the Volta Foundation’s Annual Battery Report 2025, according to the Board of Investments (BOI).

BOI approvals jump on energy, foreign inflows 

Investment approvals by the Board of Investments (BOI) climbed sharply in February, fueled by strong activity in energy and a surge in foreign capital.

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SM Investments, bank units make Fortune Southeast Asia 500 for third straight year

SM Investments Corporation, parent of the SM Group, along with its banking units BDO Unibank and China Bank, have been named to the Fortune Southeast Asia 500 list for the third year running.

Lufthansa Technik Philippines to open New Clark MRO facility by 2028

Lufthansa Technik Philippines (LTP), a fully owned unit of MacroAsia Corp., plans to finish and launch its new base maintenance facility at Clark International Airport by 2028.

Globe calls for vigilance amid rising telecom infrastructure theft in South Luzon

Globe recorded 216 theft incidents involving cables, batteries, generators, fuel, and other equipment across Laguna, Cavite, Oriental Mindoro, and Albay in just one year ended April this year. Laguna, the telecommunications company said,  had the most cases at 67, followed by Cavite with 46; Albay saw a more than fourfold jump in incidents in 2026.

Maersk service boosts Iloilo’s gateway ambitions further 

The arrival of Maersk's PH6 service at the Visayas Container Terminal (VCT) in Iloilo marks more than the addition of another shipping route. It signals the growing importance of Western Visayas in the country's evolving logistics landscape and strengthens Iloilo's role as a regional trade gateway.

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