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Courting Japan: Manila set on $1-billion samurai bonds

In Photo: Finance Secretary Carlos G. Dominguez III delivers a speech during the Philippine Economic Briefing in Tokyo, Japan, on June 19. The event was attended by about 600 investors, Japanese go.....»»

Category: newsSource: manilanews manilanewsJun 20th, 2018

Philippines plans $1-billion samurai bond sale

MANILA, Philippines – The government is planning to issue samurai bonds amounting to $1 billion this year, Finance Secretary  Carlos Dominguez III said in front of businessmen in Tokyo, Japan on Tuesday, June 19. The plan comes after the government's issuance of $2 billion worth of one-year dollar ........»»

Category: newsSource:  rapplerRelated NewsJun 19th, 2018

Japanese banks support samurai bond offer – DoF

The government’s planned issuance of $1-billion worth of samurai bonds has earned the support of Japan’s leading financial institutions, the Finance department said on Wednesday. In a statement, the Finance department said top officials of Mitsubishi UFJ Financial Group, Nomura Holdings Inc., Mizuho Bank Ltd., Sumitomo Mitsui Banking Corp. (SMBC) and Daiwa Securities Group Inc. [...] The post Japanese banks support samurai bond offer – DoF appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsJun 20th, 2018

Japan quake battered most powerful microscopes

TOKYO: Two of the world’s most powerful microscopes suffered severe damage from a deadly earthquake that hit the western Japanese city of Osaka, causing delays in cutting-edge cell and atomic-level research, a scientist said on Friday. The two damaged units, both with price tags of 2.3 billion yen ($20 million), at Osaka University may not [...] The post Japan quake battered most powerful microscopes appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsJun 29th, 2018

Japan looking to fund more PH infra projects

Japan has expressed its intent to provide over 42 billion yen (P20.32 billion) for two major infrastructure projects in the Philippines, the Finance department said. Finance Secretary Carlos Dominguez 3rd was told of this during last week’s meeting of the Philippines-Japan Joint Committee on Infrastructure Development and Economic Cooperation, the department said in a statement. [...] The post Japan looking to fund more PH infra projects appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsJun 24th, 2018

Japan to finance MRT rehab

Japan plans to extend official development assistance (ODA) loans to the Philippines with an additional P20.6 billion to fund two infrastructure projects, including upgrading the Metro Rail Transit (MRT) 3 railway in Manila, as it strongly supports the sustainable economic development of the country. Japanese Foreign Minister Taro Kono expressed his country’s intention to extend […].....»»

Category: newsSource:  tribuneRelated NewsJun 24th, 2018

Japanese financial giants: PH samurai bonds to make a killing

Five large Japanese financial institutions are supporting the Philippines' upcoming $1-billion samurai bond sale, the first issuance without a guarantee. The Department of Finance (DOF) said i.....»»

Category: newsSource:  philippinetimesRelated NewsJun 21st, 2018

$1-billion Samurai bond issue eyed in Q3 2018

The Philippine government plans to issue $1 billion worth of Samurai bonds or yen-denominated securities in the third quarter of the year, a top official of the Bureau of the Treasury said yesterday......»»

Category: financeSource:  philstarRelated NewsJun 4th, 2018

Philippines to raise $2 B from foreign borrowings

The Philippine government plans to raise about $2 billion more this year through the sale of offshore commercial bonds, including samurai and global bonds, according to the Bureau of the Treasury (BTr)......»»

Category: financeSource:  philstarRelated NewsMay 27th, 2018

Japan Formalizes 2-Billion Yen Grant for Marawi Rehab

Manila and Tokyo signed Tuesday (May 15, 2018) an agreement that would provide the Philippine government with a 2-billion yen grant from Japan to support ongoing efforts for the reconstruction and rehabilitation of the devastated city of Marawi in Mindanao. The agreement was signed by Finance Secretary Carlos Dominguez III on behalf of the Philippines, […].....»»

Category: newsSource:  metrocebuRelated NewsMay 19th, 2018

Japan formalizes 2-billion yen grant for Marawi rehab

MANILA, May 16 -- Manila and Tokyo signed Tuesday (May 15, 2018) an agreement that would provide the Philippine government with a 2-billion yen grant from Japan to support ongoing efforts for the reco.....»»

Category: newsSource:  manilanewsRelated NewsMay 17th, 2018

Pasig-Marikina River Channel Improvement Project Completed

The Php6.539 billion Pasig-Marikina River Channel Improvement Project in Metro Manila was recently inaugurated. The project was initiated by the Japan International Cooperation Agency (JICA) and the Department of Public Works and Highways (DPWH). According to JICA, the project assisted the revetment works, construction of river walls, drainage outlets, and dredging works along Delpan Bridge to Napindan […].....»»

Category: newsSource:  metrocebuRelated NewsMay 7th, 2018

PH Coast Guard commissions 2 more ships from Japan to boost maritime security

THE Philippine Coast Guard commissioned two new multi-role response vessels (MRRVs) from the Japan International Cooperation Agency (JICA) on Wednesday. The new MRRVs — Cape San Agustin and Cabra — were the seventh and eighth ships forming part of the JICA-assisted 18.73-billion yen development cooperation under phase one of the Maritime Safety Capability Improvement Project with [...] The post PH Coast Guard commissions 2 more ships from Japan to boost maritime security appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsMar 28th, 2018

Gov t to lease retail, dining spaces at Metro Manila Subway stations

MANILA, Philippines – An underground shopping and dining experience will be part of the planned subway in Metro Manila. To help pay off the loan extended by the Japan International Cooperation Agency (JICA) , Finance Secretary Carlos Dominguez III said the government will lease retail and dining spaces around the stations of the P356.96-billion ........»»

Category: newsSource:  rapplerRelated NewsMar 25th, 2018

Philippines debut Panda bond sale raises $230 million

MANILA, Philippines — Chinese investors swarmed the Philippines' maiden issuance of renminbi-denominated bonds, which raised 1.46 billion RMB ($230 million).....»»

Category: newsSource:  philstarRelated NewsMar 20th, 2018

PH all set for maiden panda bond offering

The Philippines will issue its first panda bonds today under a government initiative to expand the country’s funding sources and fuel a massive infrastructure initiative. The 1.46 billion worth of renminbi-denominated securities with a three-year tenor will be made available March 20 in the onshore Chinese bond market with a March 23 settlement date, the [...] The post PH all set for maiden panda bond offering appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsMar 19th, 2018

Philippines starts $230-million panda bond issue

MANILA, Philippines — The Philippines is issuing today 1.46 billion renminbi ($230 million) worth of three-year panda bonds in the Chinese onshore market to.....»»

Category: financeSource:  philstarRelated NewsMar 19th, 2018

Philippine, Japan ink P51-B MM subway deal

MANILA, Philippines — The Japan International Cooperation Agency (JICA) has extended a 104.53-billion-yen loan (about P51.34 billion) to the Philippine gover.....»»

Category: newsSource:  philstarRelated NewsMar 17th, 2018

PH inks loan deal for subway project

THE Philippines and Japan on Friday officially signed a 104.53-billion (about $935 million) loan agreement representing the first tranche of Tokyo’s commitment to the Metro Manila Subway project. The loan, which the country is expected to repay over 40 years with a 12-year grace period, carries interest rates of 0.10 and 0.01 percent per year, [...] The post PH inks loan deal for subway project appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsMar 17th, 2018

Gov’t signs $935-M JICA loan for subway phase I

THE PHILIPPINES and the Japan International Cooperation Agency (JICA) signed on Friday the first tranche of the loan agreement for the Metro Manila subway Phase 1. The loan amounts to 104.53 billion yen, or $935 million, and carries a 0.1% interest rate per annum for non-consulting services and 0.01% per annum for consulting services payable […] The post Gov’t signs $935-M JICA loan for subway phase I appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsMar 16th, 2018

Philippines, Japan sign loan deal for first Metro Manila subway

MANILA, Philippines — The Philippines and Japan on Friday signed a P51.3-billion loan agreement for the construction of the first Metro Manila subway, which.....»»

Category: financeSource:  philstarRelated NewsMar 16th, 2018