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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Cebuana Lhuillier drives shift from access to active finance use

Banking & Insurance 0
Financial inclusion in the Philippines has made significant strides, with formal account ownership nearly doubling since 2011 based on the World Bank’s Global Findex Database. But the deeper challenge is now emerging as access has expanded faster than sustained usage of financial services.

Customs fast-tracks digital shift in air cargo

Travel & Tourism 0
The Bureau of Customs (BOC) is ramping up the rollout of the Electronic Airway Bill (e-AWB) under Commissioner Ariel F. Nepomuceno, signaling a more aggressive push to digitize export processing and modernize the country’s trade infrastructure.

STI 9-month net income steady at P1.6B; Q3 earnings drop on accounting shift

Corporate 0
STI Education Systems Holdings Inc. reported flat net income of P1.6 billion for the first nine months of its fiscal year ending March, unchanged from the same period a year earlier.

JNEC to supply power to Manila Ocean Park, eyes expansion to other sites

Energy & Mining 0
Local power company Jin Navitas Electric Corp. (JNEC) will serve as the official retail electricity supplier of Manila Ocean Park under a two-year agreement, with an option to extend.

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