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.
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.
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.
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.
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.
The easing of tensions between the US and Iran could provide much-needed relief to Philippine manufacturers, but industry leaders say the opportunity will be meaningful only if it is matched by structural reforms at home.
Listed technology firm Cirtek Holdings Philippines Corp. is divesting a substantial portion of its US-based antenna business in a move that signals a continued effort to streamline operations and sharpen its strategic focus amid evolving conditions in the global telecommunications sector.
Vietnamese electric vehicle maker VinFast is introducing a new ownership model in the Philippines, betting that battery subscriptions can make electric motorcycles more affordable and attractive to cost-conscious commuters, delivery riders, and ride-hailing operators.