Two years following its merger as instructed by President Duterte, state-run firm Philippine Guarantee Corporation (PHILGUARANTEE) trailblazed in its performance during the second year of the pandemic, with net income posted at P1.37 billion in 2021, up by 182 percent from P487 million registered in 2020, according to a report to Finance Secretary Carlos Dominguez III.
Read MoreFinance Secretary Carlos Dominguez III pitched before American investors Thursday night (Manila time) the Philippines as a “growth leader in the region and a reliable host for international partnerships,” where they can bring in their capital on a broader scale as a result of a fresh set of economic liberalization measures either being carried out or about to be implemented by the Duterte administration.
Read MoreThe interagency Trust Fund Management Committee (TFMC) tasked to oversee and set the investment strategy of the Coconut Farmers and Industry Trust Fund (CFITF) has convened for its first meeting in 2022 and discussed how to efficiently and swiftly accomplish its objective of optimizing the use of the multibillion-peso coco levy fund for the benefit of the country’s coconut farmers.
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