To help distressed families affected by the siege in Marawi City, the Regional Board of Investment of the Autonomous Region in Muslim Mindanao (RBOI-ARMM) called its registered firms for donations in a form of cash or relief items. This is after ARMM Regional Governor, Mujiv Hataman urged all ARMM agencies to assist in the relief operations to ease the pain and sufferings of around 235,580 internally displaced persons (IDPs) caused by the arm conflict between the terrorist Maute Group and government forces.
Lawyer, Ishak Mastura, Chairman of RBOI, in a statement said that this a crucial time for all Bangsamoro people to unite and help. “Our Maranao brothers and sisters are now in their worst situation that is why we asked local companies in the region to share their blessings, show their benevolence and...
Jul 6, 2017
The Regional Board of Investments (RBOI) of the Autonomous Region in Muslim Mindanao (ARMM) today released the figures for its registered investments for the first half of the year. This is a result of its recent mid-year assessment and report.
The figures show that registered investments in the ARMM have exceeded by 100% the Php 1.3 billion mid-year investments registered in 2016. At this time 2017, the RBOI has already registered Php 3.65 billion, which is more than 100% that of mid-year 2016.
RBOI has registered three investment projects for 2017. First is the Php 32 million fish processing and cold storage project of Abing Seafoods and Cold Storage located in Bongao, Tawi-Tawi addressing the needs of fisher folks in the province to process, store and...
Jul 5, 2017
The Regional Board of Investments (RBOI) of the Autonomous Region in Muslim Mindanao (ARMM) recently approved during its 3rd Joint Management Committee and Board of Governors Meeting the Php 3.0 billion telecommunications investment of TierOne Communications International, Inc. (TierOne).
The investment project seeks to put up a telecommunications carrier in the ARMM. Initially, TierOne planned to conduct its first rollout program for Marawi City. However, due to the ongoing Marawi siege the company had to re-evaluate its business plan and program of works.
TierOne expressed readiness to continue with a rollout program for Marawi City in conjunction with the rehabilitation and reconstruction program of the government for Marawi City. It will...
Jun 27, 2017
The ARMM Business Council (ABC) as the umbrella organization of business chambers and trade associations in the region expressed their support to the call for an all Moro convention in order to foster stability in the area. This was learned by the Regional Board of Investments (RBOI) after the conduct of their investment roadshow for Maguindanao last week.
Dr. Rima Hassan, chairperson of the ABC said that the Marawi siege has definitely affected business prospects in the region and there is need for a stable environment for doing business to attract the needed business investments.
"We want the business sector in ARMM to be part of ongoing discussions on changing the policy environment with regard to the peace process and how it affects doing business in the...