Board of Investments (BOI) Director Ernesto Delos Reyes Jr.
MANILA, Philippines – A Nevada-based firearms manufacturer is moving forward with plans to establish a production facility in the Philippines through a partnership with a local distributor of firearms and ammunition.
In a recent meeting with Philippine authorities, US-based Battle Arms Development Inc. (BADI) and its local partner, Stone of Hope Defense (SOHD), outlined a multi-phase investment plan that would begin with the controlled importation of firearms, followed by local assembly and eventually full-scale manufacturing.
READ: https://business.inquirer.net/594558/armscor-guns-for-2026-recovery-after-bruising-us-tariffs
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