Tag page - loan deal

To accelerate the country’s progress toward upper middle-income status, the Philippine government has secured roughly ₱82.4 billion (221.7 billion Japanese yen) in financing from the Japan International Cooperation Agency (JICA) for two landmark infrastructure projects. Finance Secretary...

The South Korean Embassy in the Philippines maintained that despite the suspension of a feasibility study on a possible loan deal with the country, Manila remains to be “one of Korea 's most valued partners.” “Despite current circumstances, the Philippines remains one of Korea 's...

The Department of Foreign Affairs (DFA) said that it will clarify with the South Korean Embassy in Manila a Facebook post by South Korean President Lee Jae-myung that it is cancelling the implementation of a 700-billion won (P28.7 billion) infrastructure loan to the Philippines because of...