Tag: BOI

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Philippines courts Japanese capital with banking alliance

Banking & Insurance Context.ph Context.ph -
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

Transport & Logistics Context.ph Context.ph -
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 

Energy & Mining Context.ph Context.ph -
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.

Philippines eyes $110B chip exports amid funding push

Communications & Technology Context.ph Context.ph -
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 

Trade & Investments Context.ph Context.ph -
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.
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Gilas 3×3 women settle for silver, men fall short 

Sports & Entertainment 0
The Gilas Pilipinas 3x3 teams discovered on Friday that sometimes the basket simply refuses to cooperate. Both squads lost their final games at the Asian Games in Japan, with the women salvaging silver while the men were denied a place on the podium.

Heart disease remains country’s top cause of deaths

Education, Health & Science 0
For millions of Filipinos, the biggest health threat does not arrive with the dramatic suddenness of a typhoon or an infectious outbreak. Instead, it creeps in quietly, day by day, making ischaemic heart disease the undisputed leading cause of death in the country.

Philippines climbs WEF tourism ranking but lags ASEAN peers

Travel & Tourism 0
The Philippines has notched a notable jump in global tourism competitiveness, but structural hurdles continue to keep the country trailing its Southeast Asian neighbors.

Yulo repeats Paris magic, wins Asian Games vault gold

Sports & Entertainment 0
Carlos Yulo knows this feeling. The suspense. The waiting. The uncomfortable arithmetic of watching rivals come after you, each with a chance to snatch away the gold.

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