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Loan to promote smart electricity transfer in India

Friday, September 30th, 2011

A $750 million for power transmission systems that will help India efficiently transfer electricity to regions where the need is greatest, spurring growth and poverty reduction will invested by The Asian Development Bank (ADB). On Friday, the ADB Board of Directors said in a statement issued here from Manila, Philippines that he has approved loan [...]

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Philippine government has set aside P2 billion in business loans

Thursday, July 14th, 2011

Under Philippine’s re-integration program for migrant workers, the Philippine government has set aside P2 billion in business loans. It is for including those who may be displaced by a new policy being enforced by Saudi Arabia. Saudi Arabia is one of the richest markets for Filipino manpower. Related PostsAutomotive Loans RepaymentOn Friday, car company The [...]

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World Bank Will Lend $250 Million to Philippines

Friday, May 20th, 2011

The World Bank will lend $250 million to Philippines. It is to support the government’s plans to , reduce poverty , increase economic growth and improve governance. The loan has and a maturity of 25.5 years including a 10-year grace period and interest rate based on LIBOR plus variable spread. In a statement, Bert Hofman [...]

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