SINGAPORE — The Department of Transportation (DOTr) is confident that more private-sector bidders will participate in the Philippines’ upcoming railway public-private partnership (PPP) projects as the government increasingly taps multilateral development banks (MDBs) to provide financing...
Maynilad Water Services Inc. has tapped International Finance Corp. (IFC) for a $500,000 infrastructure advisory services project aimed at strengthening the west zone concessionaire’s sustainability and resilience strategy. In a disclosure last Monday, June 15, IFC said the project was approved...
SINGAPORE — The Philippines is among the countries best positioned to help meet Asia’s rapidly growing electricity needs, with its rich geothermal resources as well as expanding wind and solar sectors offering significant potential for renewable energy (RE) development, according to...
International Finance Corp. (IFC) is collaborating with Thailand-based renewable energy (RE) developer Sermsang Power Corp. Public Co. Ltd. as the latter pursues its planned entry into the Philippines through a proposed RE generation project on Negros Island. In a disclosure over the weekend, the...
New York-based global asset management giant BlackRock Financial Management Inc. (BlackRock) is looking to expand investments in Southeast Asia, including the Philippines, through a climate-focused infrastructure debt fund backed by International Finance Corp. (IFC). In a May 20 disclosure, the...
International Finance Corp. (IFC) is preparing what could become its first securitization deal in the Philippines backed by small and medium enterprise (SME) loans, as the World Bank Group’s (WBG) private-sector lending arm ramps up efforts to expand access to financing for underserved businesses...
International Finance Corp. (IFC) has approved its planned investments in two private equity (PE) funds that are eyeing investments in the Philippines and the broader Southeast Asian region. In disclosures last May 7 and April 24, respectively, the World Bank Group’s (WBG) private-sector lending...
International Finance Corp. (IFC) is preparing a fresh investment in the Philippines’ growing digital infrastructure sector, backing a local company planning to expand data center capacity outside Metro Manila. Manila Bulletin reported earlier that the World Bank Group’s (WBG) private-sector...
International Finance Corp. (IFC) is preparing a fresh investment in the Philippines’ growing digital infrastructure sector, backing a local company planning to expand data center capacity outside Metro Manila. The World Bank Group’s (WBG) private-sector lending arm disclosed last May 8 that it...
International Finance Corp. (IFC), the World Bank Group’s (WBG) private-sector lending arm, has officially invested in Philippine microfinance institution CreditAccess Philippines Financing Co. Inc. (OnePuhunan). IFC disclosed last April 23 that its up to $60-million investment was infused into...
International Finance Corp. (IFC), the private-sector lending arm of the World Bank Group (WBG), will invest up to $25 million in a structured debt fund that will finance financial technology (fintech) companies, including those operating in the Philippines. In an April 13 disclosure, IFC said its...
A Singapore-headquartered fund manager is seeking a $25-million equity investment from the World Bank Group’s (WBG) International Finance Corp. (IFC) for its new infrastructure fund to be deployed in Southeast Asia, including the Philippines. In an Oct. 2 disclosure, IFC, the WBG’s...
