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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GSIS launches new STEM subsidy program for members’ children

This June, the Government Service Insurance System (GSIS) will roll out the GSIS Subsidy for STEM Program (GSSP), a new educational aid for qualified children of active GSIS members taking up Science, Technology, Engineering, and Mathematics courses. The initiative supports President Ferdinand R. Marcos Jr.’s goal to expand quality education and build a skilled, future-ready Filipino workforce.

House of Investments, Pharma firm explore growth opportunities

House of Investments, Inc. (HI) is broadening its investment horizon after signing a cooperation agreement with Philippine Pharma Procurement, Inc. (PPPI). This move could open new business opportunities across healthcare and other strategic sectors.

Salmon, SM Appliance Center team up for in-store product loans

Leading fintech firm Salmon has partnered with SM Appliance Center to offer product loans directly inside SM Appliance branches nationwide, bringing flexible financing at the point of purchase.

AI recruitment tools redefine Philippines hiring landscape 

Artificial intelligence is rapidly transforming recruitment in the Philippines, changing how companies find talent and how job seekers position themselves in an increasingly competitive labor market.

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