Govt to ignite private sector led development
Deputy Prime Minister and Minister for Trade, Manoa Kamikamica says the Government is keen to help ignite private sector led development that is sustainable
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Deputy Prime Minister and Minister for Trade, Manoa Kamikamica says the Government is keen to help ignite private sector led development that is sustainable
LAST month, the Securities and Exchange Commission (SEC), through SEC Memorandum Circular 9, Series of 2019, or the Guidelines on the Issuance of Social Bonds under the Asean Social Bonds Standards in the Philippines, successfully facilitated the issuance by ASA Philippines Foundation Inc. of gender bonds as social bonds, a historic issuance of the first-ever gender bonds in the Philippines. Asean is the Association of Southeast Asian Nations.
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ASA Philippines Foundation Inc. the country’s leading microfinance non-government organization, raised P5 billion from the issuance of corporate notes classified
ASA Philippines Foundation, Inc. (ASA), the country’s leading microfinance non-government organization, successfully raised PHP5 billion from the issuance of 5-year fixed rate corporate notes. The proceeds of the issue will be used for working capital purposes to expand ASA’s lending business, which wholly targets women as principal borrowers to empower…