61607 The Development Bank of the Philippines (DBP) is partnering with the Filipino Inventors Society, Inc. (FIS) for viable local projects and indigenous technologies. Specifically, the state'owned bank is developing the Inventor’s Pitch - a bridging program to commercialize five local...
Editorial “Where you put your money, that is what your strategy is all about.” This is a well-worn cliché’ that frames an important public issue appropriately. When a country professes its advocacy of promoting environmental sustainability yet allows the setting up of new power plants that...
The Bureau of the Treasury said the government has established its sustainable finance framework to support the country’s sustainability commitments. In a statement, the Treasury bureau said on Friday, Jan. 14, that the framework has set out how the the Philippine government intends to raise...
Philippine banks have categorically stated that they still strictly require power supply agreements (PSAs) before they will extend loans to power generation projects – be that in the renewable energy (RE) space or other energy technologies. During an Energy Investment Forum, BDO Capital &...
PH new borrowings cut by 78% The national government cut new borrowings in October on the back of improving revenue collections. Data from the Bureau of the Treasury showed that the Duterte administration’s gross borrowings last month dropped 78 percent to P145.78 billion from P663.21 billion in...
Get lighter monthly payments for your dream Toyota vehicle with Balloon Payment Plus! Owning a car has been considered by many as a luxury not only because of purchasing price but also due to costs associated with maintenance and repair. Perspectives toward car ownership, however, have changed in...
Government borrowings grew at a much slower pace in the first nine months of the year as the need for additional financing to augment the country’s coronavirus war chest started to wane, data from the Bureau of the Treasury revealed. The Duterte administration’s gross borrowings in January to...
A guide to financing and insurance With the current situation, it certainly helps to have your own car. Besides the independence and mobility it offers, nowadays it also serves as your own protective bubble. It may be your dream car or just your daily driver, but there’s no question that having...
Breaking down downpayment and costs So you really like the Toyota Corolla Cross, MG ZS Turbo, or any of the other crossovers that were launched in the past few months? Granted the full price may seem steep, however the financing options seem far more affordable. Can you really afford it? We offer...
Changes to the process The pandemic has affected many aspects of our daily life. As such, it’s only natural to ask, “How is auto financing in the time of the pandemic?” We’ll go through a few of the changes you might experience. Yet in spite of that, you might find that very little has...
The Duterte administration has substantially reduced new financing last August, taking up only about a fifth of the amount it borrowed from a year earlier, data from the Bureau of the Treasury showed. Gross borrowings only reached P117.74 billion in August which was 81 percent lower or by P495...
The Department of Finance (DOF) reported it has disbursed $19.8 billion of the total foreign loans and grants for coronavirus response of the Duterte administration. DOF Building in Manila Since the pandemic began last year, the government’s COVID-19 war chest from foreign financing and grant...
