Issue of September 6, 2020
     
NEWS
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Investment pledges in RP keep on growing amid crisis
by PNA release

Companies remain interested in medium to long-term investment opportunities in the Philippines as pledges at the Board of Investments (BOI) continue to grow amid the pandemic, a trade official said.

Trade Usec. and BOI managing head Ceferino Rodolfo said BOI-approved investments from January to August grew by 25 percent compared to the same period last year.

The BOI is yet to release the investment amount its Board of Directors has approved until August.

Rodolfo said companies continue to invest in the Philippines as they remain optimistic with the medium to long-term potential of the country, particularly opportunities in infrastructure investments.

In May, the BOI approved the P531 billion Manila International Airport, a project of San Miguel Aerocity, Inc., which will rise in Bulakan, Bulacan. Projected employment for this investment is about 14,000 jobs.

“Moving forward, by 2021, we really need to pass legislation, like the Create (Corporate Recovery and Tax Incentives for Enterprises) and promote the Philippines as (an) investment destination,” he said in Filipino.

Rodolfo also welcomed the easing unemployment rate last July at 10 percent, better than the 17.7 percent unemployment rate in April, as the government gradually reopens economic activities.

“We will be closely working with the National Economic and Development Authority, Department of Labor and Employment, and Department of Health for the continuous safe reopening of our sectors,” he added.

 
Read more:
 
DOT backs sustainable, safe tourism program of Baguio
   
DA refocuses remaining 2020 budget to ensure ample food
   
SEC receives ISO certification for its quality mgmt system
   
Small banks boost up MSME lending during COVID crisis
   
75,000 enlisted as online biz
   
DA gives sentinel piglets to help hog raisers recover
   
SSS mobile app covers 22 M transactions from Jan-June
   
Agribusiness, processing seen to be PH’s ‘sunrise’ agri subsector
   
DICT says more firms interested in building of common towers
   
Promoting digital literacy boosts electronic payments
   
LGU’s to decide on gym’s opening
   
Dairy farming pushed to boost livelihood of locals
   
TESDA launches 3rd batch of Project Silaw in Kapangan
   
70 small businesses in Abra get aid under NSB program
   
DA offers affordable loans to budding entrepreneurs
   
Loans for agrarian reform beneficiaries reach P583 M
   
Farmers expand prod’n area
   

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BUSINESS
DOT backs sustainable, safe tourism program of Baguio

DA refocuses remaining 2020 budget to ensure ample food

SEC receives ISO certification for its quality mgmt system

Small banks boost up MSME lending during COVID crisis

75,000 enlisted as online biz

DA gives sentinel piglets to help hog raisers recover

SSS mobile app covers 22 M transactions from Jan-June

Agribusiness, processing seen to be PH’s ‘sunrise’ agri subsector

DICT says more firms interested in building of common towers

Promoting digital literacy boosts electronic payments

LGU’s to decide on gym’s opening

Dairy farming pushed to boost livelihood of locals

TESDA launches 3rd batch of Project Silaw in Kapangan

70 small businesses in Abra get aid under NSB program

DA offers affordable loans to budding entrepreneurs

Loans for agrarian reform beneficiaries reach P583 M

Farmers expand prod’n area


Philippine National Police – Police Regional Office – CAR
R.A Gapuz Review Center

Baguio Central University
Baguio Country Club
Benguet Electric Cooperative Inc.
Congressman Mark Go
Data Center of the Philippines of Baguio City, Inc.
Department of Health – CAR
Kings’ College of the Philippines
Mayor Benjamin B. Magalong
Pines City Colleges
Sangguniang Panlungsod
SiTEL
SM City Baguio
Social Security System
Veterans Bank

Albergo Hotel and Residences
Baguio Center Mall
Baguio Water District
C & Triple A Supermart
Congressman Nestor B. Fongwan
Curamed Pharmacy
Department of Agriculture – CAR
Department of Environment and Natural Resources – CAR
Ganza & Solibao Restaurants
GMS Technology
Governor Melchor D. Diclas
John Hay Management Corporation
Mayor Romeo K. Salda
MMS Development Training Center Corporatino
Mother Earth Deli Basket
Philipppine Science High School
Regional Development Council – CAR
Sutherland

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