Loan Philippines Latest Information

Loan Philippines Latest Information

Philippines' Jollibee buys half of SuperFoods
Philippines fast-food giant Jollibee Food Corps. says it has bought a 50 percent stake in Asian food company SuperFoods Group.

PH gets $50M WB loan for local infra projects
MANILA, Philippines - The World Bank extended a $50 million loan to the Philippines for a government project designed to promote investments in local public infrastructure and services.

Globe signs $90M loan with China Bank
MANILA, Philippines - Globe Telecom signed a 10-year, $90 million floating rate term loan facility with China Banking Corp.

LandBank loan releases up a tenth
LAND Bank of the Philippines said its regular loan releases increased by a tenth in September driven by its aggressive lending program.

Manila seeks e-tricycle project loan from ADB
THE Philippines is seeking a loan from the Asian Development Bank (ADB) to finance a project promoting energy-efficient electric tricycles.

Bank loan officers hold on to credit standards in 4Q 2011
Senior bank loan officers held their credit standards steady for businesses and households in the fourth quarter of last year, according to the latest round of a central bank survey.

Groups protest ADB funding for e-tricycles
Civil society and green groups groups are blocking the way for electric tricycles, saying the $101-million loan funds for the technology were diverted from the more urgent solar generation project.

NFA loan to qualify under Agri-Agra
The government will pursue a plan to make the syndicated loan for the National Food Authority (NFA) eligible under the Agri-Agra Law to sweeten the deal for the participants.

Globe secures P5-B loan to finance 2012 capex
Globe Telecom said it has secured a fresh loan to partly finance next year’s expansion plan.

LandBank, DBP to lead restructuring of NFA debts
THE Department of Finance has tasked state lenders to arrange a syndicated loan aimed at restructuring the maturing obligations of National Food Authority.

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