Tags: Philippines
Philippine regulator accepts development project proposals under Italy's development program
The Philippines' Department of Finance announced that it had begun to accept development proposals under the Philippines-Italy Debt for Development Swap Program.
Philippine Commission on Audit announces tighter guidelines for public fund release
The Philippine Commission on Audit asked the Department of Budget and Management to issue guidelines for the release of public funds for different local projects.
Japan's Brother invests in the Philippines
Japanese printer maker Brother Industries opened a new manufacturing plant in the Philippines. Brother Industries, a printer maker based in Japan, opened a new manufacturing facility in the First Philippine Industrial Park in Batangas.
Rating and Investment Info Inc raises Philippines' credit ratings
The Japanese debt watcher raised the Philippines' credit ratings recently. Rating and Investment Information Inc, a debt watcher from Japan, recently upgraded the Philippines' credit outlook from "stable" to "positive" due to progressive changes in the country's fundamentals.