Tag: BOI

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BOI eyes clearing auto tax backlog

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

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

 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

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

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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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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