Tag: BOI

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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.

P6.43T green lane projects advance toward implementation  

Trade & Investments Context.ph Context.ph -
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

Energy & Mining Context.ph Context.ph -
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 

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

Philippines debut at PDAC 2026 draws investments

Trade & Investments Context.ph Context.ph -
The Philippines’ debut as an exhibitor at the Prospectors & Developers Association of Canada (PDAC) 2026 in Toronto is proving to be more than symbolic, generating a strong pipeline of prospective Canadian investments across mining, manufacturing, and high-value services.
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DOE opens bidding guidelines for Mindanao-focused renewable energy auction

Energy & Mining 0
The Department of Energy has released the terms of reference for the seventh round of the Green Energy Auction, which will prioritize renewable energy projects in Mindanao.

NFA steps up palay purchases as wet-season support prices rise

Agriculture 0
The Department of Agriculture (DA) confirmed that the National Food Authority (NFA) is expanding its palay procurement efforts to boost the country’s rice buffer stocks.

Another round of steep fuel price hikes expected this week

Energy & Mining 0
Local fuel retailer Jetti Petroleum has warned that another significant increase in pump prices for gasoline and diesel is set to take place this week.

SEC adopts updated financial reporting standards

Corporate 0
The Securities and Exchange Commission has formally adopted the latest set of financial reporting pronouncements to ensure the country’s reporting framework keeps pace with changing global accounting standards and growing demands for sustainability-related disclosures.

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