News

P-NOY Lauds ARMM For Record P3.3-B In Investments

Davao City. November 6, 2014.  President Aquino in his speech at the Philippine Development Forum on the Bangsamoro said that the record breaking and all-time high investments in the ARMM amounting to P3.3-B this year is part of the early gains of overall peace process in Mindanao. In particular, the government's landmark peace agreement with the Moro Islamic Liberation Front, brought about stability and a good climate for investments in the ARMM.  He said in his speech that:

"The early impact of our efforts at peace, stability, and fostering a good business climate, has been near instant. Just look at ARMM. In just the first nine months of 2014, they registered a yearly all-time high of P3.37 billion in investments. This is more than double the P1.46 billion in investments recorded in 2013, and almost six times the P569 million in investments ARMM received in 2012. ARMM’s GDP has...

Bangsamoro Booms: P3.3-B Investments In ARMM Bolters Bill's Quick Passage In Congress

COTABATO CITY. September 12, 2014. The business and private sectors have given their vote of confidence to the quick approval of the Bangsamoro Basic Law (BBL)  in Congress. The ARMM which the Bangsamoro political entity will replace in 2015 is currently enjoying a business boom heralding an era of peace and prosperity for the Bangsamoro and Mindanao if all goes well.

According to a latest report of the Regional Board of Investments (RBOI), three firms were approved for registration by the agency.

The three firms namely, Darussalam Mining Corporation, Al Mujahidun Agro-Resources and Development, Inc. and Bangsamoro Oil and Fuels Corporation posted a total of Php 848 million worth of investment projects and generated 1,210 jobs in the ARMM.

The addition of the three to the...

ARMM Investment Doubles Last Year; Reaches Record High P3.3-B In 3rd Quarter

COTABATO CITY. September 5, 2014. Strong economic growth in the Autonomous Region in Muslim Mindanao (ARMM) is seen as more investors are coming to the region to do business.This is according to the latest report of its Regional Board of Investments (RBOI).

In a joint Board of Governors’ and Management Committee (ManCom) Meeting in Davao City on September 7, 2014, three firms were approved for registration by the RBOI.

The three firms namely, Darussalam Mining Corporation, Al Mujahidun Agro-Resources and Development, Inc. and Bangsamoro Oil and Fuels Corporation posted a total of Php 848 million worth of investment projects and generated 1,210 jobs in the ARMM.

The addition of the three to the seven firms whose registrations were previously approved by RBOI earlier this year means that total...

ARMM Delivers 'inclusive Growth' For Gov't. W/ P2.5-B Investments In The Region

COTABATO CITY. June 23, 2014.The Autonomous Region in Muslim Mindanao (ARMM), the poorest region in the country, delivered record private sector investments in the first semester of this year.  The ARMM Regional Board of Investments (RBOI) registered seven (7) firms in the 1st Semester of 2014 with total investment value of Php 2.52 billion or 72% higher as compared to the whole of last year worth Php1.463 billion. The back to back investments of more than one-billion pesos for the past two years are unprecedented in the ARMM, known as a hotbed of the Moro insurgency in Mindanao.  This year the government signed the Comprehensive Agreement on the Bangsamoro with the Moro Islamic Liberation Front paving the way for the surge in investments in the ARMM, which is envisioned as the core territory of the proposed Bangsamoro political entity.

The administration under President Benigno S. Aquino III, through the...

Phenomenal Growth In ARMM Investments Reaches P2.5-B Mid 2014, Biomass Power Leads

 
BONGAO, TAWI-TAWI, June 16, 2014. -The Regional Board of Investments of the Autonomous Region in Muslim Mindanao (RBOI-ARMM) registered seven (7) firms in the 1st Semester of 2014 with total investment value of Php 2.52 billion with a phenomenal growth of 72% against last year's  P1.463 billion. This is the first time that ARMM investments reached this amount and is expected to grow by Php 3 billion by end of this year. At present, some investment projects are now in the pipeline of RBOI, undergoing evaluation.