Tag: BOI

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BOI eyes clearing auto tax backlog

Economy Context.ph Context.ph -
The Board of Investments (BOI) is confident it can finally make a major dent in nearly P5 billion worth of unpaid auto tax credits, after the government restored funding for the Comprehensive Automotive Resurgence Strategy (CARS) Program in the proposed 2026 national budget.

Human Settlements, BOI eye tax breaks for housing

Property Context.ph Context.ph -
The Department of Human Settlements and Urban Development is weighing a joint policy study with the Department of Trade and Industry’s Board of Investments to determine whether economic housing can be classified as corporate income tax-exempt mass housing under Batas Pambansa Bilang 220.

Philippines extends investor leases to 99 years

Economy Context.ph Context.ph -
 The Philippines has taken a major step toward attracting long-term foreign investment with the official signing of the Implementing Rules and Regulations for Republic Act No. 12252, the Investors’ Lease Act. 

BOI approvals surge toward P1T on green push

Economy Context.ph Context.ph -
The Board of Investments (BOI) has approved P977 billion worth of investment projects year to date, signaling robust investor confidence and reinforcing the Philippines’ push to become a regional hub for smart and sustainable investments.

BOI approves P26.43B in new investments, eyes new jobs

Economy Context.ph Context.ph -
The Board of Investments (BOI) has cleared P26.43 billion worth of fresh investments, giving the government’s industry roadmap a solid boost as it pushes for growth across services, manufacturing, housing, and clean energy. 
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ADB: Philippines stays course despot inflation surge

Economy 0
Despite a sharp rise in April inflation and mounting external risks, the Philippines remains “on the right track,” according to Asian Development Bank chief economist Albert Park, who spoke to CNBC during the lender’s annual meeting in Uzbekistan on Tuesday. 

Alsons Power highlights need for timely outage reporting

Energy & Mining 0
Alsons Power Group emphasized the importance of promptly reporting power outages to maintain stable and reliable operations.

DigiPlus profit in Q1 falls as access rules bite

Corporate 0
DigiPlus Interactive Corp., operator of BingoPlus, ArenaPlus, and GameZone, posted a net income of P2.8 billion in the first quarter of 2026, down 33 percent year-on-year as regulatory changes and softer consumer spending weighed on platform activity.

DICT targets up to 80% cut in broadband costs by 2028

Communications & Technology 0
The Department of Information and Communications Technology (DICT) plans to cut broadband costs in the country by 40 to 80 percent by 2028 under its National Digital Connectivity Plan.

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