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Sri Lanka achieves 1.8 bln USD in total investments by November

Sri Lanka Board of Investment (BOI) has achieved 1.8 billion U.S. dollars in investments by Thursday, the BOI said in its latest press release. The Fo... ....

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Board of inquiry gets more time to probe SA Navy submarine tragedy

South African Navy chief Vice-Admiral Monde Lobese has granted an extension to a board of inquiry investigating the deaths of three submariners washed off the deck of the SAS Manthatisi. ....

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Thailand BOI's Held EV Investments Talks With Carmakers Chery and Changan During Latest China Roadshow

In the latest development of its policy to promote Thailand as a regional hub for electric vehicles (EV), the Thailand Board of Investment (BOI) held last week additional discussions with two major Chinese EV manufacturers, Changan Automobile, and Chery Automobile, about the progress of the companies' respective plans to invest in Thailand, Southeast Asia's top car production base and fastest growing EV market. ....

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Investment approvals in Philippines soar by 155 pct in Q1

MANILA, April 14 (Xinhua) The Philippine Board of Investments (BOI) approved investments rose 155 percent in the first quarter of 2023, the Department of Tra ....

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Duterte OKs 2022 strategic investment priority plan

President Rodrigo Roa Duterte (File photo) MANILA - President Rodrigo R. Duterte has approved the 2022 Strategic Investment Priority Plan (SIPP) which aims to identify industries to which the government hopes to attract investment by offering tax incentives. The 2022 SIPP, which will be a companion document to the Corporate Recovery and Tax Incentives for Enterprises (CREATE) law, is contained in Memorandum Order No. 61 signed by Duterte on Tuesday but released to reporters on Thursday. Under the memorandum, activities listed in the 2020 Investment Priorities Plan (IPP) were retained and included under Tier I of the newly formulated SIPP. Duterte signed the 2020 IPP on Nov. 18, 2020. It took effect on Dec. 6, 2020. The IPP is the government's blueprint of priority economic activities that qualify for fiscal incentives. It covers the production or manufacture of medicines, medical equipment, and devices, personal protective equipment (PPE), surgical equipment, and supplies, among ot ....

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