Tag: general
SHFC oks 19 socialized housing projects, 3400 families to benefit
MANILA, Philippines — The state-controlled Social Housing Finance Corporation (SHFC) has approved a total of 19 Enhanced Community Mortgage Program (ECMP) projects nationwide, aiming to secure housing for more than 3,400 families. In a statement on Thursday, SHFC said that moving forward, it expected to approve more ECMP projects in the coming weeks. The approvals are
Japan seeks to ramp up Asian Games buzz with year to go
Japanese organizers admit public awareness of the Asian Games in Aichi-Nagoya “needs to be higher” as they look to ramp up interest with Friday marking a year to go until the start of the sporting spectacular. The pandemic-delayed 2023 edition in Hangzhou, China, featured about 12,000 athletes–the biggest Asian Games in history boasting more competitors
DMPL and creditors in talks to extend debt payment deadline
MANILA, Philippines — Food manufacturing giant Del Monte Pacific Ltd. (DMPL) is in talks with creditors to extend the maturity of debts falling due in fiscal year 2026, alongside plans to raise fresh equity as it grapples with a $600-million capital deficiency. Nonetheless, DMPL said it was confident in its ability to maintain uninterrupted business