To secure its future as a low cost carrier (LCC), Cebu Air Inc. (Cebu Pacific or CEB), has obtained US$250 million fresh funds from the International Finance Corporation (IFC), the IFC Emerging Asia Fund, and Indigo Philippines LLC, an affiliate of Indigo Partners LLC. The investment of the triad,...
The International Finance Corp. (IFC) and United Nations Entity for Gender Equality and the Empowerment of Women (UN Women) have cited the Insular Life’s (InLife) Sheroes program, digital sales system, and health care subsidiary. In an IFC-UN Women report, InLife was listed among the global...
The International Finance Corp. (IFC) plans to issue loan financing to the country’s largest microfinance institutions to help them remain afloat and save jobs as the Philippines grapples with the economic impacts of the COVID-19 pandemic. In a statement, IFC said the World Bank Group member...