Japan has extended P121 million in grant assistance to the Philippines to provide Filipinos the opportunity to study in Japanese universities. Foreign Affairs Secretary Enrique Manalo and Japanese Ambassador Endo Kazuya on Friday led the signing and exchange of diplomatic notes ceremony for the...
The Department of Finance (DOF) said that the Philippine government is on track to finalize four loan agreements with the Japan International Cooperation Agency (JICA) this year. According to the DOF, these loan agreements, estimated at $1.5 billion (P86.4 billion), are earmarked for projects...
Department of Foreign Affairs (DFA) Secretary Enrique Manalo has signed the diplomatic notes for Japan’s official development assistance (ODA) worth P92.701 billion (JPY250 billion) for road and subway projects aimed at modernizing the country’s infrastructure. Department of...
Japanese Prime Minister Fumio Kishida’s visit to the Philippines will pave the way for stronger economic and security cooperation between the two nations, Senator Sherwin Gatchalian said. “Prime Minister Kishida’s visit to the country couldn’t be more timely given recent...
Issues related to the West Philippine Sea are among the topics President Marcos and Japanese Prime Minister Kishida Fumio are expected to discuss during the latter's visit in Manila. President Ferdinand 'Bongbong' Marcos Jr. and Japan Prime Minister Kishida Fumio (Photo courtesy of Bongbong Marcos...
Surigao del Sur Representative Johnny Pimentel on Thursday, November 2 is confident that Japan can be the “logical fallback funding source” for the construction of the Mindanao Railways Project (MRP). Pimentel raised the idea ahead of Japanese Prime Minister Fumio Kishida’s visit...
Senator Grace Poe on Thursday, October 26 welcomed the government’s move to abandon its loan negotiations with China for the P83-billion Mindanao railway project. This, after Department of Transportation (DOTr) Secretary Jaime Bautista recently announced that the government will no...
The government received about $32.40 billion in concessional loans and grants last year, with most of the funds allocated to infrastructure projects, the National Economic and Development Authority (NEDA) reported. Based on NEDA's Official Development Assistance (ODA) Portfolio Review 2022 report ,...
Japan declared its commitment to support the Philippines in attaining an upper middle-income status in the next few years. A joint committee meeting was held in Tokyo on Tuesday, Aug. 29 between the Philippine delegation and the Japanese government to determine the necessary development assistance...
The government is eyeing to establish national food stamp program through an Official Development Assistance (ODA) financing of the Asian Development Bank (ADB), President Ferdinand “Bongbong” Marcos Jr. said on Monday, May 22. President Ferdinand Marcos Jr. (Photo from the Presidential...
The Philippines has signed an agreement with South Korea for a total loan worth 3 billion US dollars, which is earmarked for the country's infrastructure projects. Department of Foreign Affairs (DFA) Secretary Enrique Manalo and Korean Ambassador to the Philippines Kim In Chul signed on Wednesday...
Japan’s financial support to the Philippines during the Duterte administration’s nation-building programs surpassed the amount committed by former Japanese Prime Minister Shinzo Abe five-years ago, the Department of Finance (DOF) said. According to the DOF, Japan, the Philippines’ biggest...
