PHL seeks China grants for feasibility studies of 12 infra projects

BEIJING—The Philippines has submitted to the new aid agency of the People’s Republic of China an indicative list of 12 big-ticket infrastructure projects that will undergo feasibility studies with possible…

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AIIB exploring variable spreads, local currency financing for PHL projects

BEIJING—Finance Secretary Carlos Dominguez III has welcomed a proposal by the Asian Infrastructure Investment Bank (AIIB) to explore the possibility of local currency financing and a variable spread facility in…

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PHL, China cite ‘strong synergy’ in improved bilateral ties

BEIJING—Underscoring the “strong synergy” between the economies of their countries, Philippine and Chinese officials have reaffirmed their commitment to bring bilateral relations between Manila and Beijing to a higher level…

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FDI inflows, capital investments drive PHL rapid growth

Finance Secretary Carlos Dominguez III said the Philippines continues to be among the best performing economies in Asia on the strength of higher foreign direct investment (FDI) inflows and rising…

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PHL invites China to Marawi rehab pledging session

BEIJING—The Philippines has invited China to take part in the country’s pledging session set in November to drum up international support for the recovery and rehabilitation program for the damaged…

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DOF makes good on prompt submission of remaining tax reform packages

The Department of Finance (DOF) has made good on its commitment to submit to the Congress the remaining packages of the Duterte administration’s comprehensive tax reform program (CTRP), whose overriding…

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PHL forms task force to facilitate processing of China-supported infra projects

BEIJING—A Philippine interagency task force has been meeting regularly for several months now to closely monitor the preparation and processing of the country’s flagship infrastructure projects that are being rolled…

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PHL, China accelerating implementation of infra projects

BEIJING—Manila and Beijing have affirmed their commitment to speed up the preparation and processes needed to ensure the timely implementation of the Duterte administration’s flagship infrastructure projects with financial support…

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