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PIF secures controlling stake in stc Group's subsidiary TAWAL with 51 percent acquisition

PIF secures controlling stake in stc Group's subsidiary TAWAL with 51 percent acquisition
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Trade chief hikes BOI investment targets to P1.5-T

Trade Secretary Alfredo Pascual (file photo) MANILA - Trade Secretary Alfredo Pascual has revised upward the investment approval targets for the Board of Investments (BOI) from PHP1 trillion to PHP1.5 trillion this year. "Given the strong investment approvals for January, as well as the robust pipeline of investment leads -including those generated (through) Presidential visits, I have increased the 2023 investment registration target of BOI from PHP1 trillion to PHP1.5 trillion," Pascual said in a statement e-mailed by the BOI Thursday. In a text message to reporters, Trade Undersecretary Ana Carolina Sanchez the agency is expecting project registration from companies involved in green metals, data centers, telecommunication towers, sea cable infrastructure, electric vehicle and light manufacturing, including the supply chain for e-vehicles. As of Feb. 9, the BOI registered a total of PHP414 billion worth of projects. Just last week, Pascual said the investment promotion age ....

Ferdinandr Marcos Jr , Alfredo Pascual , Regional Comprehensive Economic Partnership , Secretary Alfredo Pascual , Trade Undersecretary Ana Carolina Sanchez , President Ferdinand , Trade Secretary Alfredo Pascual File Photo Manila Has Revised Upward The Investment Approval Targets For Board Of Investments Boi From Php1 Trillion To 5 This Year Quot Given Strong Approvals January , S Well As The Robust Pipeline Of Investment Leads Including Those Generated Through Presidential Visits , I Have Increased The 2023 Investment Registration Target Of Boi From Php1 Trillion To 5 , Uot Pascual Said Ina Statemente Mailed By The Boi Thursday Text Message To Reporters , Rade Undersecretary Ana Carolina Sanchez The Agency Is Expecting Project Registration From Companies Involved In Green Metals , Data Centers , Telecommunication Towers , Ea Cable Infrastructure , Lectric Vehicle And Light Manufacturing , Ncluding The Supply Chain Fore Vehicles As Of Feb 9 , He Boi Registereda Total Of Php414 Billion Worth Projects Just Last Week , Ascual Said The Investment Promotion Agency Ipa Had Php344 Billion Worth Of Prospective Projects Expected To Register With Boi Before Middle 2023 Sanchez Quot Mature Leads Are In Sectors Information Technology And Business Process Management , Renewable Energy , Anufacturing And Data Centers Pascual , Ho Also Chairs The Boi , Ade The Announcement Two Days After Concurrence Of Senate With Regional Comprehensive Economic Partnership Rcep Ratification Quoti Think Investors That Are Eyeing Philippines Asa Production Hub Will Now Be Implementing Their Intentions And Plans To Set Up Manufacturing Hubs In Making Investments Our Country , Uot He Earlier Told Reporters Ina Virtual Briefing Last Friday , Alacanang Announced The Foreign Trips Of President Ferdinandr Marcos Jr Yielded Php3 48 Trillion In Investment Pledges Quoti Thank Boi For Enthusiastically Welcoming This Challenge And Course , He President For His Hard Work In Promoting The Philippines Asa Hub Sustainability And Innovation Driven Manufacturing Services Region , Uot Pascual Added In His Thursday Statement Pna ,