philippine

New closing date of March 26 set as members of MRTC consortium fail to sign documents on time.

2002 will be the year when securitization starts to bloom in the Philippines. Oh yes.

Insular Life has awarded ING Investment Management a global equities mandate; a fund of funds mandate could follow.

The National Home Mortgage Finance Corp is looking at securitization as a means to raise funds.

Merrill Lynch has decided to sell its Philippine brokerage after local management offered to buy it.

Deutsche Bank replaces Jose Isidro Camacho, current Philippine secretary of Finance, with Michael Hellbeck.

The Philippines government is once again evaluating a securitization deal to alleviate its debts. Among the assets being considered are natural gas and gambling revenues. Local bankers, however, have raised eyebrows at the news.

The Philippine finance bureaucrats invented a perfect solution but applied it to the wrong problem.

In another aggressive move, the Philippine monetary board lowered key interest rates by another 50 basis points even as Bangko Sentral (central bank) defended its governorÆs right to the post.