News

RBOI Oks P831-M Power Project In ARMM To Address Power Crisis

October 25, 2016, Cotabato City
 
The Regional Board of Investments of the Autonomous Region in Muslim Mindanao (RBOI-ARMM) in a Joint Meeting of the Board of Governors’ and  Management Committee (ManCom) approved yesterday the  application of KALTIMEX Rural Energy Corporation (KREC) to register its energy project with RBOI to avail of fiscal and non-fiscal incentives being provided by the government.
 
Kaltimex, a 99.99% Filipino and .01% Indian company will be setting up an 8MW capacity diesel power plant in Bongao, Tawi-Tawi worth P831 million generating 34 jobs. The company promises to provide   a 24/7 round the clock power supply through the Tawi-Tawi Electric Cooperative, Inc. (TAWELCO) to service the development requirements of the...

Business Forum Tackles ARMM Autonomy As Baseline For Federalism

The Regional Board of Investments-Autonomous Region in Muslim Mindanao (RBOI ARMM) recently conducted a “Forum on the Business Experience of Autonomy vis-vis Federalism: The ARMM Case” in Cotabato City. The forum was organized to raise public awareness on the issue of changing the present unitary- presidential form of government to federalism and to present the ARMM experience of autonomy as a baseline for federalism.

Lawyer, Ishak V. Mastura,  Chairman and Managing Head of RBOI said that the forum is just timely since the Duterte administration is pushing for a federal form of government claiming that it is favorable to the country due to its diverse ethnic population and existing social pluralism. The RBOI wants to take part in making the people understand the issue and develop the right decision if federalism is good or not for Filipinos, specifically to the Bangsamoro, and tackle in the forum possible advantages...

RBOI Is 2016 Banko Sentral's ARMM Outstanding Partner

RBOI is 2016 Banko Sentral’s ARMM Outstanding Partner The Regional Board of Investments in the Autonomous Region in Muslim Mindanao wins award the second straight year as Outstanding Partner for Report on Regional Economic Developments of the Philippines (ARMM) from the Bangko Sentral ng Pilipinas (BSP). RBOI first won in 2015 and is the first agency from ARMM to receive such award.

RBOI, together with various institutions that have continuously supported the BSP’s statistical initiatives, information requirements, and advocacy programs was recognized during the 2016 Awards Ceremony and Appreciation Lunch for Stakeholders today, August 23 at Greenleaf Hotel, Pandan Ballroom, General Santos City. Atty. Ishak V. Mastura, Chairman/Managing Head of RBOI will be receiving the award from BSP.

ARMM Economic Development Roadmap To Include Federalism Study

The Chairman and Managing Head of the Regional Board of Investments of the Autonomous Region in Muslim Mindanao (RBOI-ARMM), lawyer Ishak Mastura, called for the conduct of a study on how Federalism can improve the policy environment for business and economic development using the ARMM experience of autonomy as baseline, reference point and case study. To begin with, he proposed a forum on Federalism entitled “Forum on Business Experience of Autonomy vis-à- vis Federalism: The Case of the ARMM” to launch the ARMM initiative on Federalism as part of the 100 days of newly re-elected ARMM Regional Governor Mujiv S. Hataman.

Mastura discussed the Federalism study and forum during a meeting with regional economic development agencies held at the office of the ARMM Department of Trade and Industry to craft an Economic Development Roadmap for the ARMM.

Mastura pointed out that no less than the United States...

ARMM INVESTOR TO BRING ELECTRIFICATION TO ABU SAYYAF COUNTRY

Goal of the Hataman administration for the new term 2016-2019 is no more brownouts in the Sulu archipelago
 

COTABATO CITY, June 16, 2016 – The island provinces of Basilan, Sulu and Tawi-Tawi, also known by the acronym BASULTA, which compose the Sulu archipelago part of the 5-province Autonomous Region in Muslim Mindanao (ARMM), suffer from perennial brownouts or no running electricity at all in many parts.
 
The island provinces of the Sulu archipelago are also notorious as the lair and stomping grounds of the dreaded Abu Sayyaf, which very recently landed in the headlines again for beheading one of its foreign kidnap victims.
 
The Sulu archipelago is literally gripped in darkness and people live in the dark age not only because of the terror of the Abu Sayyaf but because electricity coverage is sporadic and for the most part its people and communities have no access...