Banking & Insurance
Partnership widens funding options of MSMEs
FundSpace, a leading loan aggregator facilitating the funding requirements of businesses of all sizes, has teamed up with BPC Lending Inc. to boost the financing options of micro, small, and medium-sized enterprises (MSMEs) and individual borrowers.
MPTC eyes raising P45 billion from syndicate of banks
Metro Pacific Tollways Corp. (MPTC) is in negotiations with a syndicate of local and foreign banks to raise at least P45 billion as part of a larger plan to reduce its debt.
National Treasury cuts substantially Dec treasury bills, bonds offer sizes
The National Treasury has substantially reduced to P60 billion the amount of treasury bills and bonds it will offer during weekly auction scheduled December, less than a third of the volume it offered in November.
Inflation seen easing some more in November
Inflation, which averaged sharply lower to only 4.9 percent in October, is projected to ease further in November, according to the Bangko Sentral ng Pilipinas.
ACEN taps undisclosed lender for P20B loan
ACEN Corp. has tapped a bank for P20 billion earmarked for general corporate and for its renewable energy projects but declined to identify the lender.
