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DBP eyes pact with CL state firms, LGUs

State-owned Development Bank of the Philippines is actively engaging several state corporations based in Central Luzon in a bid to expand its services to priority clientele especially those outside of its traditional market and city centers, a top official said......»»

Category: financeSource:  philstarRelated NewsApr 6th, 2024

DBP seeks capital buildup of up to P300 billion

State-run Development Bank of the Philippines is hoping to raise its authorized capital stock to P300 billion as the bank seeks to amend its nearly three-decade-old charter......»»

Category: newsSource:  philstarRelated NewsMar 7th, 2024

DBP lends P116 million for swine farm expansion

State-owned Development Bank of the Philippines said it extended a P116-million loan for the expansion of a swine farm project in Nueva Ecija to boost the government’s hog repopulation efforts......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

DBP lends P2 billion for Palawan infrastructure projects

State-run Development Bank of the Philippines has extended a P2-billion loan financing to the local government of Palawan for vital public infrastructure projects including the upgrade of road network......»»

Category: financeSource:  philstarRelated NewsJan 26th, 2024

Willie Revillame officially returns to TV5

TV host Willie Revillame has officially returned to TV5 for a new "joint venture.".....»»

Category: entertainmentSource:  philstarRelated NewsApr 29th, 2024

2025 automated polls hang as court may stop VCM use

The Commission on Elections might not be able to hold automated elections in May 2025 if the court stops the use of vote counting machines to be manufactured by the joint venture led by Korean firm Miru Systems Inc......»»

Category: newsSource:  philstarRelated NewsApr 10th, 2024

Security Bank to form joint venture with Mitsubishi

Security Bank Corp. has partnered with Japan-based Mitsubishi Motors Corp. to offer financing services to automobile customers in the Philippines......»»

Category: financeSource:  philstarRelated NewsApr 10th, 2024

MDC, Takenaka form joint venture firm

“This is a wonderful opportunity for our teams to integrate best practices into our developments. The MDC-Takenaka partnership will become an avenue to advance more innovative and sustainable solutions that will benefit the communities that we serve, especially at this time when the Philippines is primed for exponential economic growth.”.....»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

SMC OK to add MPTC Indonesia in joint venture

Diversified conglomerate San Miguel Corp. (SMC) is open to including the Indonesian segment of Metro Pacific Tollways Corp. (MPTC) in the planned merger of the toll road operators......»»

Category: newsSource:  philstarRelated NewsMar 24th, 2024

US Bolstering Philippines Amid Increasing Assertiveness by China

washington - The U.S. and Philippines will for the first time venture outside Manila's territorial waters when they begin joint annual combat drills in April, a Philippines government spokesman said Thursday.Colonel Michael Logico said elements of the Balikatan 2024 drills would be conducted about 22 kilometers (more than 12 nautical miles) off the west coast of Palawan, an island in the archipelago nation that.....»»

Category: newsSource:  manilanewsRelated NewsMar 22nd, 2024

Media miss possible conflict of interest in Comelec deal

THE COMMISSION on Elections (Comelec) and the joint venture led by South Korean firm Miru Systems Co. Ltd. signed on March 11 a PHP17.9 billion contract for the lease and use of the.....»»

Category: newsSource:  inquirerRelated NewsMar 16th, 2024

Razon unit strengthens exposure in water infrastructure

The Razon Group’s joint venture with a privately owned Australian construction company plans to beef up its presence in the water infrastructure space to support its growth in the coming years......»»

Category: financeSource:  philstarRelated NewsMar 15th, 2024

Landmark power joint venture to cost $3.3 billion

Energy powerhouses Meralco PowerGen Corp. (MGen), Aboitiz Power Corp. and San Miguel Global Power Holdings Corp. (SMGP) have forged a $3.3-billion deal to help boost the country’s energy security and make affordable power accessible to more consumers......»»

Category: financeSource:  philstarRelated NewsMar 4th, 2024

Upper Wawa Dam project now 93% complete

WawaJVCo Inc., a joint venture led by ports and casino tycoon Enrique Razon, has moved a step closer in completing its planned Upper Wawa Dam project, touted as the largest water supply dam to be constructed in the country in over 50 years......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

MVP: Tollways listing still possible this year

Tycoon Manuel V. Pangilinan is hoping there would be no delays in the planned listing of a mega tollways joint venture company with San Miguel Corp.......»»

Category: financeSource:  philstarRelated NewsFeb 26th, 2024

Comelec grants P18-billion election contract to Korean-led consortium

MANILA, Philippines — The Commission on Elections (Comelec) has approved a nearly P18 billion contract to lease an automated election system for the 2025 midterm polls to a joint venture led by the controversial South Korean company Miru Systems Co. Ltd. Comelec Chair George Garcia announced the decision on Thursday, stating that the poll body unanimously.....»»

Category: sportsSource:  abscbnRelated NewsFeb 23rd, 2024

Maharlika fund eyes JV for rural telco towers

The Maharlika Investment Corp.is in the process of tapping foreign partners for a joint venture in building telecommunication towers in rural areas in a bid to address the digital gap......»»

Category: financeSource:  philstarRelated NewsFeb 21st, 2024

CLI secures PCC approval for JV with Singapore builder

Property developer Cebu Landmasters Inc. has received approval from the antitrust body to proceed with its joint venture with a Singapore-based builder for the construction of high-end residences in Cebu City......»»

Category: financeSource:  philstarRelated NewsFeb 15th, 2024

Tower companies pool in for 4G, 5G infrastructure

Two independent tower companies – Phil-Tower Consortium Inc. and Miescor Infrastructure Development Corp. – are set to form a joint venture company for 4G and 5G mobile network infrastructure in the country......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

First Common Man Coffee to open at Ayala Triangle

Jollibee Foods Corp. has incorporated a joint venture company called FCJB Foods Inc. to bring Tiong Bahru Bakery and Common Man Coffee Roasters in the Philippines......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024