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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SBMA port revenues up 8% as Subic bolsters supply security

The Subic Bay Metropolitan Authority (SBMA) is strengthening Subic Bay’s role as a logistics and supply chain hub, with its Port Operations Group posting an 8 percent increase in consolidated gross revenue to P874 million in the first half of 2026 despite global economic pressures.

PH-Türkiye air pact opens new travel opportunities 

The Philippines is set to expand air connectivity with Türkiye, doubling Manila-Istanbul flight capacity and creating more opportunities for tourism, trade, and business.

SM Hotels turns training into second chances

SM Hotels & Conventions Corp. (SMHCC) is using hospitality training to help Persons Deprived of Liberty (PDLs) build skills, find jobs, and prepare for reintegration into society.

Eala gets Ruse redemption, advances in Cincinnati Open

Alex Eala finally got her shot at Elena-Gabriela Ruse, but the redemption came with an asterisk.

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