PRIVATE SECTOR investments committed to the Board of Investments (BoI) have already exceeded the full-year target just six months into 2010, a ranking official said.
The January to June tally, BoI managing head Elmer C. Hernandez told reporters last Friday, stood at P169.68 billion, up roughly fourfold from the P40.63 a year earlier. It surpassed the 2010 goal of a 10% increase in pledges to P136.592 billion.
New 2010 targets were not yet provided as Mr. Hernandez said he would be stepping down from his post on June 30. BoI executive director Efren V. Leano will take the helm in the interim.
The 87 projects that make up the January to June figure are expected to generate 13,923 jobs once they come on stream, Mr. Hernandez said.
He clarified that the ventures — already approved by the BoI managing committee — still had to be confirmed by the agency’s board today. The bulk are for power projects, he added, “which is good because it addresses our power requirements”.
“And this forbodes more good things to come. It’s a good beginning to attain the objectives of the Philippine Investment Promotions Plan (PIPP)” Mr. Hernandez said, referring to a marketing roadmap released on Wednesday.
The BoI and other state agencies committed in the PIPP to net P345.40 billion worth of projects this year and hit a total of P2.405 trillion by 2014. — Jessica Anne D. Hermosa, Businessworld
September 18 –
International Equal Pay Day
“Increase wages now,
more than other cost items.
For widespread, practical equality!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the recommendations of the 2021 ILO Commission of Inquiry
against serious violations of protocols of
Forced Labour and Freedom of Association.
Accept the National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands
#Report Corruption #SearchPosts #TakePicturesVideos
October –
Monthly Observances:
Industry and Commerce Safety Month
National Statistics Month
Local Government Month
Consumer Welfare Month
Cooperative Month
National Quality and Productivity Improvement Month
National Health and Wellness Tourism Month
National Indigenous Peoples Month
Weekly Observances:
Week 1: Elderly Filipino Week
Week 2: National Health Education Week
Local Government Week
National Mental Health Week
October 17-23:
National Week for Overcoming Extreme Poverty
October 18 – 24:
United Nations Week
Last Week:
Nurses’ Week
Consumers’ Protection Week
Week of the 4th Sunday:
Barrio Farmers’ Week
Daily Observances:
First Monday (Oct 4): Universal Children’s Day i
n the Philippines
Oct 5: National Teachers’ Day
Oct 10: Local Government Day
Third Thursday (Oct 14): Conflict Resolution Day
Oct 21: Tenants’ Emancipation day
Oct 24: United Nations Day
Oct 29: National Indigenous People’s Thanksgiving Day
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