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Japan provides P18.8-billion loan for MRT-3 upgrade

Japan provides P18.8-billion loan for MRT-3 upgrade.....»»

Category: financeSource: thestandard thestandardNov 8th, 2018

Japan provides P18.8-billion loan for MRT-3 upgrade

Japan provides P18.8-billion loan for MRT-3 upgrade.....»»

Category: financeSource:  thestandardRelated NewsNov 8th, 2018

PH, Japan ink P18-B loan

The governments of the Philippines and Japan, through the Department of Finance (DoF) and the Japan International Cooperation Agency (JICA), formally signed the P18-billion loan agreement for the Metro Rail Transit 3 (MRT-3) Rehabilitation Project on Friday. Finance Secretary Carlos Dominguez III and JICA senior vice president Yasushi Tanaka signed the loan agreement, witnessed by […].....»»

Category: newsSource:  tribuneRelated NewsNov 9th, 2018

Government, inks P18.8 billion JICA loan for MRT-3 rehabilitation

The Japan International Cooperation Agency has extended a ¥38.1 billion loan to the Philippines for the improvement and rehabilitation of the Metro Rail Transit Line-3 System......»»

Category: financeSource:  philstarRelated NewsNov 9th, 2018

Philippines, Japan sign loan agreement for MRT-3 rehab

The Philippines and the Japan International Cooperation Agency signed on Thursday an P18-billion loan agreement for the rehabilitation of the overstretched Metro Rail Transit-3......»»

Category: newsSource:  philstarRelated NewsNov 8th, 2018

PH, Japan sign loan agreement for 26-month MRT-3 rehab

Filipinos may expect an improved Metro Rail Transit-3 (MRT-3) after 26 months as the P38-billion yen (P18 billion) loan agreement between Japan and the Philippines was signed on Thursday. Department of Transportation (DOTr) Undersecretary Timothy John Batan said the MRT-3 will be fully rehabilitated in 26 months, noting that meetings have started as early as October. "After 26 months, diyan natin mararamdaman yung pagbalik ng kondisyon ng MRT-3 (After 26 months, the MRT-3 will be back in good condition)," he told the reporters after the signing ceremony at the Department of Finance building in Manila. "Nag-umpisa iyan as early as October. May daily meetings and daily coordin...Keep on reading: PH, Japan sign loan agreement for 26-month MRT-3 rehab.....»»

Category: newsSource:  inquirerRelated NewsNov 8th, 2018

Philippines, Japan sign P18-billion MRT3 rehab loan deal

MANILA, Philippines (UPDATED) – The Philippines and Japan deepened their infrastructure partnership with the signing of the much-awaited P18-billion loan deal for the rehabilitation of the Metro Rail Transit Line 3 (MRT3). On Thursday, November 8, Finance Secretary Carlos Dominguez III and Japan International Cooperation Agency (JICA) Senior Vice President Yasushi ........»»

Category: newsSource:  rapplerRelated NewsNov 8th, 2018

Japan, PH sign ‘exchange of notes’ on P18-B loan for MRT-3 rehab

The Japanese government agreed to offer a 38-billion yen loan (P18 billion) for the rehabilitation of the Metro Rail Transit-3 (MRT-3) in an "exchange of notes" conducted on Wednesday. Japan's Ambassador to the Philippines Koji Haneda, who represented the Japanese government, said he was "delighted" that the country chose Japan for the rehabilitation of the MRT-3. "I am delighted that the Philippines chose japan as its partner to tackle problems of the MRT-3," Haneda said during the signing ceremony. "The project will be set of Japan's pledge of 38 billion yen or P18 billion to restore the MRT-3 back to a modified [...] infrastructure." The loan from the Japanese agency will imp...Keep on reading: Japan, PH sign ‘exchange of notes’ on P18-B loan for MRT-3 rehab.....»»

Category: newsSource:  inquirerRelated NewsNov 7th, 2018

PH, Japan finalize details of P18-billion MRT3 rehab loan

MANILA, Philippines (UPDATED) – The governments of the Philippines and Japan finally exchanged notes on the long-delayed loan agreement for the  rehabilitation of the Metro Rail Transit Line 3 (MRT3) . An exchange of notes means the details of the project and financing arrangement have been ironed out. It comes before the actual signing of agreements. On Wednesday, ........»»

Category: newsSource:  rapplerRelated NewsNov 7th, 2018

Still no details on huge MRT-3 loan, Dalian trains

There are still no details on the P18-billion MRT-3 rehabilitation loan that the Philippines and Japan are to sign today......»»

Category: newsSource:  philstarRelated NewsNov 6th, 2018

Japan to extend loan to help Malaysia’s debt problem

TOKYO --- The leaders of Malaysia and Japan have agreed that Japan will issue yen-denominated bonds of up to 200 billion yen ($1.8 billion) to help the Southeast Asian country battle its fiscal deficit. Japanese Prime Minister Shinzo Abe told a news conference Tuesday that Japan also will provide loans to help Malaysia in areas such as education, transportation and people exchanges. Malaysian Prime Minister Mahathir Mohamad, who returned to leadership this year, has long advocated learning from Japan's postwar economic growth. Earlier Tuesday, Emperor Akihito presented Mahathir with one of Japan's highest awards for his international and cultural achievement. /ee...Keep on reading: Japan to extend loan to help Malaysia’s debt problem.....»»

Category: newsSource:  inquirerRelated NewsNov 6th, 2018

PH, Japan ink P2.1-B loan for Panglao airport

The Department of Finance and the Japan International Cooperation Agency (Jica) agreed on a fresh loan of 4.376-billion yen to the Philippines --equivalent to P2.1 billion at the prevailing exchang.....»»

Category: newsSource:  philippinetimesRelated NewsOct 9th, 2018

Yen loan secured for New Bohol airport

The government has secured a supplemental loan amounting to 4.37 billion yen or about P2.1 billion from Japan for Phase II of the New Bohol Airport project. The loan agreement was signed on Monday by Finance Secretary Carlos Dominguez 3rd and Yoshio Wada, chief representative of the Japan International Cooperation Agency (JICA). In a speech, Dominguez said [...] The post Yen loan secured for New Bohol airport appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsOct 9th, 2018

JICA extends supplemental loan for New Bohol Airport

The Department of Finance (DOF) and the Japan International Cooperation Agency (JICA) yesterday sealed a ¥4.376-billion (P2.1-billion) supplemental loan agreement to help fund the second phase of the New Bohol Airport Project......»»

Category: financeSource:  philstarRelated NewsOct 9th, 2018

Economic team seen to fast-track approval of Japan loan for MRT 3 rehab

To fast-track the planned rehabilitation of the dilapidated Metro Rail Transit (MRT) Line 3, economic managers will meet today to discuss and possibly green-light the up to 38.1-billion yen (about.....»»

Category: newsSource:  philippinetimesRelated NewsAug 16th, 2018

Japan commits P20.6 B loan for Phl infra

The Japanese government has expressed its intent to provide about ¥42.47 billion (P20.6 billion) worth of funding support for two of the Duterte administration’s infrastructure projects, the Department of Finance (DOF) said over the weekend......»»

Category: financeSource:  philstarRelated NewsJun 24th, 2018

Japan may lend $346M for MRT-3

JAPAN is considering a 38.101 billion-yen (about $346 million) official development assistance (ODA) loan for the rehabilitation of Metro Rail Transit (MRT)-3, and an additional 4.37 billion yen for the ongoing construction of the New Bohol Airport. The post Japan may lend $346M for MRT-3 appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsJun 24th, 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

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