News

ARMM Business Firms Donate Assistance To Marawi City

 
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.
 
"RBOI employees led by Elisa M. Ibrahim (center), Supervising Investments Specialist representing Atty. Ishak Mastura, Chairman of RBOI-ARMM, turned over more than 1000 packs of...

MAP Commits Support To ARMM's Investment Drive

MAP commits support to ARMM's investment drive

Cotabato City (May 22, 2017) – The Management Association of the Philippines (MAP) has expressed support in promoting the Autonomous Region in Muslim Mindanao (ARMM) as an investment destination.

In a manifesto signed by its top officials on Monday (May 22), the MAP urged its members and its various committees to integrate action plans in coordination with the ARMM’s Regional Board of Investment (RBOI-ARMM) to achieve this objective.

ARMM Approves P33.5 M Shipping Project

The Regional Board of Investments (RBOI) in the Autonomous Region in Muslim Mindanao (ARMM) recently approved  the registration of J. SAYANG SHIPPING LINES, INC.  The company based in Bongao, Tawi-Tawi is providing shipping services for traders in Tawi-Tawi  through a 494 metric tons (MT) capacity  general cargo vessel to ply the route from the ports of Basilan, Jolo, Tawi-Tawi and Polloc, Maguindanao going  to Malaysia and other member countries of the Association of Southeast Asian Nations (ASEAN).
 
The P33.5 million cargo transport project will directly create 23 jobs. The project will aid local traders since there will be easy transport facilitation of their cargoes consist of goods for market distribution or products ready for selling. The traders are engaged into exporting of agricultural and marine products to Malaysia,...

ARMM Starts Regional Investment Road Shows

The Regional Board of Investments (RBOI) of the Autonomous Region in Muslim Mindanao (ARMM) organized yesterday its first Investment Priorities Plan (IPP) Regional Roadshow in Cotabato City for the year 2017. The Plan is focused on the theme “Scaling Up and Dispersing Opportunities” which will serve as the blueprint in guiding investors in matching their business capacities with the opportunities identified in the IPP to steer economic growth.
 
Other IPP road shows will be scheduled in some key areas of the region such as  Maguindanao, Marawi City, Lanao del Sur, Basilan and Tawi-Tawi. This is to fully cover the whole region and bring investment concerns and services to the public especially to investors.
 
Lawyer, Ishak Mastura, Chairman of RBOI...

Banks To Get Incentives To Invest In ARMM

The Regional Board of Investments (RBOI) in the Autonomous Region in Muslim Mindanao (ARMM) will be granting incentives to banks and non-bank financing institutions and facilities to include Islamic banking and finance. The expanded ARMM Organic Act (Republic Act No. 9054) allows ARMM to give incentives to banks and other non-bank financial institutions that are based or have its principal base of business in ARMM.

Incentivizing this sector could encourage conventional banks, other financial institutions like Islamic financing to set-up their business operations in the region and may address the problem of ARMM being severely underserviced by the financial sector.  According to BSP, only 20 banks are operating in the region and about 93% of the region’s municipalities do not have banking presence representing the highest percentage of unbanked regions in the country.

Lawyer, Ishak Mastura, Chairman of RBOI...