PH, Japanese agency sign P75B in loans for infra projects

PH, Japanese agency sign P75B in loans for infra projects

The Philippines on Tuesday signed with Japan two loan agreements totaling P75.5 billion, to finance two big “Build, Build, Build” infrastructure projects. In a statement, the Department of Finance (DOF) said the loans were for the Cebu-Mactan Fourth Bridge and Coastal...
Public sector loans up 111 percent

Public sector loans up 111 percent

The BSP complex on Roxas Boulevard in Manila (Photo from bsp.gov.ph) Monetary authorities approved $7.4 billion in public sector loans in 2018, more than double the 2017 level.In a statement, the Monetary Board, the policymaking body of the central bank, said 2018...