News

ARMM's Best Year Ever: P6.5-B Investments In 2015

(COTABATO CITY. December 9, 2015.) The Regional Board of Investments - Autonomous Region in Muslim Mindanao  (RBOI-ARMM) has recorded a Php6.5 billion total investments this year exceeding 900% of its 2015 agency target of Php 700 million. This 2015, is the best year ever since the region has generated the highest value of investments in the 26-year history of ARMM.   This was reported by RBOI yesterday during the Year-End Meeting of the ARMM Cabinet -Economic Growth and Linkages (EGL) Cluster held in Cotabato City presided by cluster head RBOI Chairman, Atty. Ishak V. Mastura.

This year, RBOI approved eight (8) investment projects.  Al-Sahar Agri Ventures Inc.  is the biggest investor  to develop a Php 3.7 billion cavendish banana plantations in  Maguindanao. Second is Chan C. Mining  Incorporated which invested  Php742 million  for a mining and quarrying of nickel ore project ...

Sans BBL, Traders Keep Investing In ARMM With New P471-M Energy Project

(COTABATO CITY, December 4, 2015). The Autonomous Region in Muslim Mindanao (ARMM) has continued attracting investments despite the uncertainty of the passage of the draft Bangsamoro Basic Law (BBL) in the Senate and the House of Representatives.  
 
The Regional Board of Investments (RBOI) on Wednesday in its last Joint Board and Management Committee Meeting for 2015 in Cotabato City provisionally approved the registration of the...

ARMM JOINS APEC HIGH LEVEL DIALOGUE ON INCLUSIVE BUSINESS

 

The Asia-Pacific Economic Cooperation (APEC), a forum for 21 Pacific Rim member economies that promotes free trade throughout the Asia-Pacific region, is holding in Manila on November 12, 2015 the APEC High Level Dialogue on Inclusive Business with the theme “Building Inclusive Economies, Building a Better the World”.


Upon the initiative of the Philippines, country host for the APEC this year, the “Inclusive Business Model” officially becomes part of the APEC agenda during the high level dialogue.


The Department of Trade and Industry – Board of Investments describes the “inclusive business model” as a commercially viable and innovative private sector approach that provides – either at scale or scalable – goods, services, or livelihood opportunities for the low...

ARMM Stability Brings P600-M More Investments In The 4th Quarter

 

(Cotabato City. October 29, 2015). A total project investment value of about Php 600 million  was recently approved by the Regional Board of Investments (RBOI) of the Autonomous Region in Muslim Mindanao (ARMM). These newly registered  RBOI firms, the Maguindanao Energy Farms Incorporated (MEFI) based in Simuay, Sultan Kudarat, Maguindanao and Matling Industrial and Commercial Corporation (MICC) operating in Matling, Malabang, Lanaodel Sur shall be eligible  for fiscal and non-fiscal incentives being provided by the government. The Maguindanao Enegry Farms Inc. invested Php400 million for a 474 hectare-napier grass plantation. The napier plantation with production capacity of 256,133 metric tons per annum   will be used to supply the fuel need of Lamsan Power Plant also located in Simuay Sultan Kudarat. Napier is highly valued industrial crop, a good source of biomass energy which will naturally regenerate or renew...

Business Forum Tackles Economic Consequences Of A Watered-down BBL Less Than ARMM

COTABATO CITY.  September 16, 2015.  The business sector in the Autonomous Region in Muslim Mindanao (ARMM) together with the economic agencies of the autonomous regional government held today a discussion on the Bangsamoro Basic Law (BBL) entitled “Forum on the Economic Impact of the BBL:  Original Draft vs. Substitute Bills”.

The ARMM Regional Board of Investments (RBOI) sponsored the half-day forum.

The original draft BBL is the one drafted by the Bangsamoro Transition Commission that was legally reviewed and agreed upon by the Office of the President and submitted by President Aquino to Congress for legislation.  

The substitute bills refer to House Bill 5811 and Senate Bill 2894 for the so-called “Basic Law for the Bangsamoro Autonomous Region” or BLBAR that is supposed to replace Republic Act No. 9054 or the expanded ARMM Organic Act, as a result of the signing of the...