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ADB, iSON ink deal to boost Philippines digital connectivity
MANILA, March 4 (Xinhua) -- The Asian Development Bank (ADB) said Monday that it has signed a 2.4 billion pesos (42.85 million U.S. dollars) loan with the telecom towers building and managing company iSON Tower Limited Inc. as part of a ADB-led co-financing package to enhance digital connectivity in the Philippines. The loan will support the construction, development, and operation of 800 shared telecommunicatio.....»»
Mindanao railway project up for NEDA review
The government is evaluating anew the Mindanao Railway project to update costs and potential ridership, with the possibility of shifting financing mode to include the private sector, instead of purely loans......»»
DOF finalizing P55.7 billion loan for Metro Manila subway
The government targets to secure P55.7 billion in loans from the Japanese government for the third tranche of financing for the Metro Manila Subway Projects by March......»»
EDITORIAL Stuck in the gray list
While moving heaven and Earth to amend the Constitution ostensibly to attract more foreign investments, the government is taking its sweet time getting out of the so-called gray list of jurisdictions under increased monitoring for money laundering and counterterrorist financing......»»
President Marcos: Look for new fund source for Mindanao railway
President Marcos yesterday ordered the transportation and finance departments to look for funds for the Tagum-Davao-Digos railway, a project that has been stalled after the government decided to no longer tap Chinese loans for its financing......»»
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......»»
Philippines eyes stronger cooperation, economic ties with Germany
The Philippines and Germany are looking to step up cooperation in areas like minerals processing and investment financing to boost economic ties, according to the Department of Trade and Industry......»»
Infrastructure projects get better loan terms from Japan
The Philippines has secured better financing terms for two big-ticket infrastructure projects funded by the Japanese government aimed at improving public transport and road connectivity......»»
DOJ charges 2 alleged NPA financiers with terrorism financing
According to the DOJ, the case stemmed after reports that Dumlao and Tolentino possessed firearms and ammunition without a clear source of income or apparent purpose......»»
Government borrowings inch up to P2.19 trillion
The Philippines slightly increased its borrowings to P2.19 trillion last year amid a high interest rate environment here and abroad, with the government almost hitting its entire financing program......»»
EDITORIAL - Proudly Phl-made
Entrepreneurs will welcome the signing of the Tatak Pinoy (Proudly Filipino) Act, which provides financing and incentives to local producers of quality goods......»»
BPI lends fresh P7 billion to Home Credit Philippines
Bank of the Philippine Islands has extended an additional P7 billion loan to Home Credit Philippines, making it the financing firm’s biggest lender......»»
Global Dominion continues to empower Filipinos to achieve their dreams
For over 20 years, Global Dominion Financing Inc. has been instrumental in providing Filipinos with the financial means to realize their dreams for themselves and their families......»»
Global Dominion continues to empower Filipinos to achieve their dreams
For over 20 years, Global Dominion Financing Inc. has been instrumental in providing Filipinos with the financial means to realize their dreams for themselves and their families......»»
SEC to share data with more government agencies
The Securities and Exchange Commission (SEC) is teaming up with more government agencies to boost efforts to combat money laundering and terrorism financing......»»
Court orders arrest of 27 Cebu NGO workers
Twenty-seven members of a non-government organization in Cebu have been ordered arrested for allegedly financing communist rebels......»»
Korea mulls $3 billion financing facility
The Korean government is looking at establishing a $3-billion funding facility for the Philippines to finance various projects......»»
PLDT takes out P4 billion green loan for expansion
Telco leader PLDT Inc. has doubled down on its strategy to acquire sustainable loans as it took out P4 billion in green financing from Metropolitan Bank and Trust Co. to fund its network expansion......»»
ASEAN+3 putting up fund to tap during emergencies, crises
The Association of Southeast Asian Nations and the neighboring economies of China, Japan and Korea (ASEAN+3) have agreed to establish a new financing facility that members can tap in times of emergency shocks and other crises......»»
More banks keen on green financing – BSP
More banks in the Philippines have expressed interest to finance green and sustainable projects in the country amid the need to fund efforts that would mitigate impacts of climate change......»»