Zambales minerals enough to pay PH’s foreign debts – gov

December 4, 2017 | Environment | Finance | Zambales

IBA, Zambales: Unknown to many, this province can offer not only marine and forest products but mineral deposits that may save the country’s economy. In an interview with The Manila Times, Gov. Amor Deloso said Zambales is rich in at least 27minerals that include chromite, gold, manganese as well as natural gas that can generate Read More

BCDA collaborates with Chinese bank for financing cooperation framework

November 20, 2017 | Finance | National Government Units

The Philippine Star17 Nov 2017– Catherine Talavera   Official Visit of H.E. Li Keqiang, the Premier of the State Council of the People’s Republic of China. The Bases Conversion and Development Authority (BCDA) has inked a memorandum of understanding (MOU) with a Chinese bank for a financing cooperation that will speed up the implementation of Read More

Subic Bay named Asia’s ‘Fastest Growing Free Trade Zone’

November 14, 2017 | Awards | Finance | Subic Bay Metropolitan Authority

The Subic Bay Freeport Zone has again gained international attention when it garnered two awards in the International Finance Awards 2017 given out by the London-based International Finance Magazine (IFM), a financial market information group. PHOTOS: Fastest Growing Free Trade Zone in Asia award and Best Social Responsibility Initiative award Under the Financial Awards category, Read More

Japan provides $1-B loan for Philippines subway, other projects

November 2, 2017 | Business | Developments | Finance | Infrastructure | Japanese

TOKYO – Japan will provide close to P60 billion in loans to the Philippines to support three key infrastructure and development projects, including the establishment of a subway system in Metro Manila. By Alexis Romero President Duterte talks with Japanese Emperor Akihito as his partner Honeylet Avanceña talks with Empress Michiko at the Imperial Palace Read More

SBMA exec appointed Insurance Commission deputy commissioner

October 17, 2017 | Finance | National Government Units | Subic Bay Metropolitan Authority

Subic Bay Freeport, Olongapo City – President Duterte has appointed Subic Bay Metropolitan Authority (SBMA) Deputy Administrator Randy B. Escolango as deputy commissioner of the Insurance Commission, Department of Finance. The Insurance Commission is mandated to regulate and supervise the insurance, pre-need, and HMO industries in accordance with the provisions of the Insurance Code, as Read More