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.
The Philippines on Tuesday signed with Japan two loan agreements totaling P75.5 billion, to finance two big “Build, Build, Build” infrastructure projects.
State-owned Landbank announced on Wednesday it had approved a P250-million loan for a “big school” under its lending program, which gives way for “study now, pay later” schemes.
A House committee approved on Tuesday three crucial bills to help ease the adverse effects of the coronavirus disease (Covid-19) on the economy and workers.
The Philippine government’s emergency cash subsidies to vulnerable households due to the Covid-19 pandemic will be augmented with another $200-million loan approved by the Asian Development Bank on Monday.
The Asian Development Bank has approved a $1.5-billion loan to the Philippines to fund its novel coronavirus disease response and boost the country’s health care system to fight the pandemic.