^

Business

Japan PM Abe to offer $48.2M in loans in meet with Duterte

K KA LANG? - Philstar.com
October 23, 2016 | 2:39pm
Japan PM Abe to offer $48.2M in loans in meet with Duterte
In this photo, President Rodrigo Duterte met with Japan Prime Minister Shinzo Abe for the first time.
Facebook.com / Jess Dureza, File
TOKYO (Philippine News Agency) — Prime Minister Shinzo Abe is looking to offer ¥5 billion (USD 48.2 million) in loans when he meets with Philippine President Rodrigo Duterte next week, bilateral diplomatic sources said Saturday.
 
The financial support is aimed at helping facilitate agricultural development in the southern Philippine island of Mindanao, according to the sources.
 
Duterte, who will make his first visit to Japan on Tuesday, was a longtime mayor of Davao City.
 
The deal will come after Duterte's four-day visit to China this week underlined the Philippines' diplomatic shift to move closer to Beijing and away from Washington.

JAPAN PRIME MINISTER SHINZO ABE

RODY DUTERTE
Philstar
  • Latest
  • Trending
Trending
Latest
Trending
abtest
abtest
Conservative America is back

Conservative America is back

By Joe Zaldarriaga | 1 day ago
One of the most historic comebacks in United States’ political history – this is how the victory of president-elect...
Business
fbtw
7-Eleven owner announces counter-bid to foreign buyout

7-Eleven owner announces counter-bid to foreign buyout

By Kyoko Hasegawa | 1 day ago
The Japanese owner of 7-Eleven said Wednesday its founding family had offered a counter-bid to a takeover attempt by Canadian...
Business
fbtw
PSEi bleeds anew slips below 6,800

PSEi bleeds anew slips below 6,800

By Richmond Mercurio | 1 day ago
The bleeding continued for the local stock market yesterday as share prices plunged for the sixth consecutive session after...
Business
fbtw
Rice imports hit new record high

Rice imports hit new record high

By Jasper Emmanuel Arcalas | 1 day ago
The Philippines remains the world’s largest rice importer as imports reached a new record high of nearly 3.9 million...
Business
fbtw
My.SSS deploys stricter process for verification

My.SSS deploys stricter process for verification

By Louise Maureen Simeon | 1 day ago
State-run pension fund Social Security System has implemented a multi-factor authentication scheme as part of its enhanced...
Business
fbtw
Latest
abtest
Nuclear development seen as investment area for Maharlika fund

Nuclear development seen as investment area for Maharlika fund

By Brix Lelis | 18 minutes ago
Maharlika Investment Corp. the country’s first sovereign wealth fund manager, could end up investing in nuclear development...
Business
fbtw
Market extends losing streak

Market extends losing streak

By Richmond Mercurio | 18 minutes ago
Share prices plunged anew yesterday as investors continue to exit the market, extending the local bourse’s losing streak...
Business
fbtw
Meralco unit, Polish firm to deploy EV charging hubs

Meralco unit, Polish firm to deploy EV charging hubs

By Brix Lelis | 18 minutes ago
Movem Electric Inc., the sustainable mobility arm of Manila Electric Co., has teamed up with Poland-based ChargeEuropa to...
Business
fbtw
GT Capital nets P21.72 billion in 9 months

GT Capital nets P21.72 billion in 9 months

By Richmond Mercurio | 18 minutes ago
Conglomerate GT Capital Holdings Inc. saw its earnings dip in the nine months ending September on the absence of significant...
Business
fbtw
Privatize Pagcor right away

Privatize Pagcor right away

By Boo Chanco | 18 minutes ago
A few weeks ago, PAGCOR Chairman Al Tengco told me that BBM is determined to privatize PAGCOR and has already started the...
Business
fbtw
Recommended
Are you sure you want to log out?
X
Login

Philstar.com is one of the most vibrant, opinionated, discerning communities of readers on cyberspace. With your meaningful insights, help shape the stories that can shape the country. Sign up now!

Get Updated:

Signup for the News Round now

FORGOT PASSWORD?
SIGN IN
or sign in with