Metro Zamboanga Hospital and Medical Center, Inc. (MetroZam) has signed a 10-year term loan agreement amounting to P600 million with Philippine National Bank (PSE: PNB) to support the ongoing construction and completion of its hospital building. LOAN SIGNING BETWEEN PHILIPPINE NATIONAL BANK and...
Months after meeting in Tokyo, the Japan Bank for International Cooperation (JBIC) has expressed interest in the newly-passed Maharlika Investment Fund (MIF), the Presidential Communications Office (PCO) said. *COURTESY CALL - President Marcos meets with officials from the Japan Bank for...
The Japan Bank for International Cooperation (JBIC) has expressed its interest in energy tie-ups in the Philippines, particularly in the use of liquefied natural gas (LNG) as a traditional source of power, the Presidental Communications Office (PCO) said. *ENERGY COOPERATION - Japan Bank for...
Philippine Veterans Bank (PBV) is targeting to raise P4.4 billion from its capital raising efforts to attract new shareholders, including post-war veterans, Armed Forces of the Philippines (AFP) retirees and their families. In a statement, the PVB said the new funds will be used to further...
A much-anticipated gathering after three years, Metropolitan Bank & Trust Co. (Metrobank) recently held its 7th Golf Tournament last Friday, May 19, at Tagaytay Highlands to celebrate partnerships and reconnect with its Japanese clients. *Metrobank hosted the 7th Golf Tournament for its Japan Desk...
The Philippine government is strongly urged to fast track the Senate concurrence of the Foreign Account Tax Compliance Act (FATCA) and lift or amend the Bank Secrecy Law to leverage the country’s position in combating financial crime, and promote transparent, effective reporting system, and...
The World Bank (WB) has reiterated its strong support for the Marcos administration in its quest to achieve its vision of becoming a prosperous, inclusive, and poverty-free society by 2040. *File photo* World Bank Managing Director for Operations Anna Bjerde said this as she concluded her two-day...
Malacañang bared that the Asian Development Bank (ADB) will grant the Philippines up to $4 billion to support the country’s socio-economic agenda and other infrastructure development programs for 2023 alone. President Ferdinand 'Bongbong' Marcos Jr. and Asian Development Bank President Masatsugu...
The proposed national food stamp program has received close to $3 million from the Asian Development Bank (ADB) for the program's six-month pilot implementation, a Cabinet member said. Department of Social Welfare and Development (DSWD) Secretary Rex Gatchalian (Photo courtesy of PCO) "[T]he ADB was...
Emphasizing that the Philippines is one of the countries that are most vulnerable to climate change, President Ferdinand "Bongbong" Marcos Jr. said the country will incorporate climate resilience and disaster proofing in all societal and infrastructural projects. President Ferdinand 'Bongbong'...
President Ferdinand "Bongbong" Marcos Jr. expressed hopes that the Asian Development Bank (ADB) would continue to support the Philippines in realizing its high-impact projects. President Ferdinand 'Bongbong' Marcos Jr. and Asian Development Bank President Masatsugu Asakawa (Noel B. Pabalate)...
After halting the world for at least two years, President Ferdinand "Bongbong" Marcos Jr. believes that the threat of Covid-19 is now over as he credited the different scientific breakthroughs that allowed governments to respond to the pandemic. *President Ferdinand 'Bongbong' Marcos Jr. (Noel...