BOI eyes disaster response guidelines for businesses

ABS-CBN News

<div class="embed-wrap"><figure data-feedback="fb:likes,fb:comments"><img src="http://sa.kapamilya.com/absnews/abscbnnews/media/2021/business/07/02/20210630-taal-laurel-batangas-jc-2.jpg"/><figcaption>Visitors take pictures at a viewpoint overlooking the Taal Volcano in Barangay Buso-buso in Laurel Batangas, June 30, 2021. <em>Jonathan Cellona, ABS-CBN News/File</em></figcaption></figure></div><p>MANILA - The Investment Assistance Service of the Bureau of Investments is crafting guidelines that would help investors respond to disasters, a move that came up as the Taal Volcano in Batangas showed signs of increased unrest.</p><p>Within the 14-kilometer danger zone around the Taal Volcano in Batangas, there are at least 60 enterprises that are supervised by the BOI-Calabarzon, BOI Investment Assistance Service Executive Director Bobby Fondevilla told ANC.</p><p>&quot;Part of the plan really is to come up with something strong, linkages amongst government agencies, private entities. Among other things we have to come up with— literature and a guideline that would really guide companies on what to do in case catastrophic events happen like this one,&quot; Fondevilla said. </p><p>The guideline should include responses to other disasters such as earthquakes and typhoons. The Philippines is among countries most vulnerable to disasters. </p><p>There are housing, manufacturing and exports firms, among others, within the danger zone that could suffer from the impact of another Taal Volcano eruption, he said.</p><p>&quot;We have identified at least for the BOI those enterprises located in those areas...that should they need any assistance from us then can contact us anytime,&quot; he said. </p><p>The state seismology bureau on Thursday heightened the warning level at the volcano to Alert level 3 from Alert level 2, which means there was &quot;magmatic intrusion&quot; at Taal&#x27;s main crater that may &quot;drive succeeding eruptions.&quot; </p><ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/news/07/01/21/taal-volcano-level-3-phivolcs">Alert level 3 hoisted over Taal Volcano amid &#x27;magmatic intrusion&#x27;</a></li></ul><p>In 2020, when the volcano erupted, the agriculture sector alone lost about <a href="https://news.abs-cbn.com/news/01/19/20/lost-and-damaged-taal-volcano-steals-livelihoods">P3 billion</a>, the Department of Agriculture earlier said. </p><p>Calabarzon is the second largest contributor to the country&#x27;s economy next to Metro Manila.</p><div><strong>RELATED VIDEO:</strong></div><figure class="op-interactive"><iframe allow="autoplay; fullscreen" frameBorder="0" height="100%" id="ivsplayer01" scrolling="no" src="https://player.ivideosmart.com/ivsplayer/v4/dist/html/iframe-src.html?iframeid=ivsplayer01&amp;key=e8c22c015ca9eafa76f1e3edfa03c603&amp;spid=3001339&amp;vid=1718071" width="100%"></iframe></figure><div class="iwantbar">Watch more in <a href="//www.iwantv.com.ph/">iWantv</a> or <a href="//tfc.tv/">TFC.tv</a></div>

<p>The Investment Assistance Service of the Bureau of Investment is crafting guidelines that would help investors respond to disasters as the Taal Volcano shows signs of increased unrest.<br /> </p>

The Investment Assistance Service of the Bureau of Investment is crafting guidelines that would help investors respond to disasters as the Taal Volcano shows signs of increased unrest.

BOI eyes disaster response guidelines for businesses | ABS-CBN

Halalan 2025

Entertainment

News

Metro.Style

Sports

More

Traffic

Horoscope

Business

BOI eyes disaster response guidelines for businesses

BOI eyes disaster response guidelines for businesses

ABS-CBN News

Published Jul 02, 2021 11:28 AM PHT

Read More:

ANC

ANC Top

BOI

businesses

disaster guidelines

Calabarzon

Taal volcano

Taal volcano eruption

ABS-CBN is the leading media and entertainment company in the Philippines, offering quality content across TV, radio, digital, and film. Committed to public service and promoting Filipino values, ABS-CBN continues to inspire and connect audiences worldwide.

Corporate

Investors

Governance

International Distribution

Corporate

Governance

Investors

International Distribution

NPC Seal of Registration

Privacy Policy

AI Policy

Terms of Service

Advertise with Us

© 2025 ABS-CBN Corporation. All Rights Reserved.

NPC Seal of Registration

Privacy Policy

Terms of Service

AI Policy

Advertise with Us

© 2025 ABS-CBN Corporation. All Rights Reserved.

NPC Seal of Registration

Privacy Policy

Terms of Service

AI Policy

Advertise with Us

© 2025 ABS-CBN Corporation. All Rights Reserved.