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Philippines: Govt explores hybrid financing for infra – DoF

On top of its intensified revenue collection and investment promotion efforts, the government is exploring hybrid-financing arrangements that will combine development aid and loans to fund its big-ticket infrastructure projects while keeping down borrowing costs, the Department of Finance (DoF) said. In a statement over the weekend, Finance Secretary Carlos Dominguez 3rd said hybrid financing […]

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Philippines: The future is in agribusiness

The global unemployment rate will increase to 5.8 percent representing 3.4 million people or a total of 201.1 million, according to the World Employment and Social Outlook-Trends 2017 report recently released by the International Labor Organization. This gloomy picture is attributed to the weak economic growth in many regions, in particular Sub-Saharan Africa, Latin America […]

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Philippines: Tourist arrivals to hit 6.5 M this year

MANILA, Philippines – The government’s efforts to improve the Philippines’ air connectivity with other countries will continue to stimulate increased tourist arrivals in the country this 2017, a senior official of the Department of Tourism (DOT) said. Tourism Undersecretary for development planning Benito Bengzon told The STAR the country would achieve its 6.5 million foreign […]

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