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[ArticleID] => 295155
[Title] => BOI asked to nix export reqmt on alternative energy firms
[Summary] => Trade and Industry Secretary Peter B. Favila, who is also the concurrent chairman of the Board of Investments (BOI), wants the BOI to temporarily waive its requirement for alternative energy firms to export its production.
According to Favila, with the current energy crisis and the need to look for alternative energy sources, the country should perhaps tap existing investors who are already engaged in alternative energy production.
However, under existing BOI rules, such investors are compelled to export all of their production.
[DatePublished] => 2005-09-05 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1805266
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
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L GROUP
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[ArticleID] => 295155
[Title] => BOI asked to nix export reqmt on alternative energy firms
[Summary] => Trade and Industry Secretary Peter B. Favila, who is also the concurrent chairman of the Board of Investments (BOI), wants the BOI to temporarily waive its requirement for alternative energy firms to export its production.
According to Favila, with the current energy crisis and the need to look for alternative energy sources, the country should perhaps tap existing investors who are already engaged in alternative energy production.
However, under existing BOI rules, such investors are compelled to export all of their production.
[DatePublished] => 2005-09-05 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1805266
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
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abtest
By Marianne V. Go | September 5, 2005 - 12:00am
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