BOI Approves Two Poultry Projects Worth USD 3.3 Million

BOI Approves Two Poultry Projects Worth USD 3.3 Million

The Board of Investment (BOI) approved two agricultural projects amounting to PHP168 million (USD3.3 million) to support and improve the meat processing industry of the Philippines. BOI said in a statement that it gave the nod to Broilers Club Inc. (BCI) and STMP Agri...
BOI Greenlights PHP 603 Million Hospital Project in Cagayan

BOI Greenlights PHP 603 Million Hospital Project in Cagayan

The Board of Investments (BOI) has approved incentives for a PHP 603 million (USD 12 million) hospital project that will cater to COVID-19 patients in the Cagayan Valley region. Aiming to augment the high-demand hospital capacity and cater to COVID-19 patients with...
Household Spending to Recover in 2022

Household Spending to Recover in 2022

Household consumption in the Philippines could see sustained improvement in the near term amid slowing daily COVID-19 infection rates, analysts said. A more sustained improvement in household consumption is projected as daily infection rates have continued to slow. In...
1-GW Solar Projects by Solar Philippines to Operate Next Year

1-GW Solar Projects by Solar Philippines to Operate Next Year

The Philippines is expected to ramp up its renewable energy sources as Solar Philippines, the nation’s largest solar company, is eyeing 1-GW solar projects to start operations next year. In October 2021, the company announced it is setting up Solar Energy Zones,...