TasteAtlas Recognizes Tortang Talong As One Of The World’s Best Egg Dishes

Mula sa kusina ng mga Pilipino, umabot na ang tortang talong sa pandaigdigang pagkilala! TasteAtlas kinilala ito bilang pangalawang pinakamahusay na egg dish sa buong mundo.

Mondrick Alpas Secures Third UAE Latte Art Championship Title

Hindi lang talento kundi dedikasyon—ito ang naging sikreto ni Mondrick Alpas sa kanyang ikatlong panalo sa prestihiyosong UAE National Latte Art Competition.

Manulife Philippines And Erwan Heussaff Launch Video Series With Tips On Healthy Cooking

In honor of National Heart Month, Manulife Philippines unveils an engaging video series with Erwan Heussaff, encouraging healthier cooking habits.

dwta Headlines ‘MYX After Party’ In Baguio

As the Panagbenga Festival unfolds, the MYX After Party is the highlight everyone is talking about.

Chinese Investments In Board Of Investments Surge Despite Sea Row

Nakakita ang Lupon ng Pamumuhunan ng kapansin-pansing pagtaas sa mga rehistrasyon ng proyekto mula sa Tsina ngayong taon.
By PAGEONE Business Today

Chinese Investments In Board Of Investments Surge Despite Sea Row

2706
2706

How do you feel about this story?

Like
Love
Haha
Wow
Sad
Angry

The Board of Investments (BOI) reported a surge in project registration from Chinese investors this year despite the maritime row between Manila and Beijing.

On Tuesday, the BOI said it approved over PHP1 billion worth of projects from Chinese sources from January to September 2024, which is 237 percent higher than the same period last year.

The approval in the first nine months of the year is also bigger than the full-year project registration from Chinese investors at PHP619 million.

The BOI said this made China the seventh-largest source of investment approvals this year.

To bring in more projects from the East Asian nation, the BOI sent a delegation to China last month to promote the Philippines as an investment hub.

The delegation participated in the China International Fair for Investment and Trade (CIFIT) in Xiamen, securing discussions with potential Chinese investors.

“Throughout the six days of the Investment Promotion Roadshow, we generated significant interest from various sectors. We conveyed to the investors that our goal is to transform the Philippine economy to enter a virtuous cycle of sustained economic growth. Events like this showcase the Philippines’ proposition as the Regional hub for smart and sustainable manufacturing and services industries, that will ultimately generate green and sustainable jobs for the Filipino people, which has been our primary objective,” Trade Undersecretary and BOI Managing Head Ceferino Rodolfo said.

The BOI engaged with 21 companies in various sectors, including renewable energy (RE) equipment manufacturing, electric vehicle manufacturing, and agribusiness.

The delegation also had two roundtable meetings in Xiamen and Beijing, wherein five companies discussed their investment and expansion plans in the country particularly in the sectors of electric vehicle and consumer goods manufacturing, infrastructure, green metals, and mining activities. (PNA)