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Philippines: DBP provided a PHP 1.1 billion loan facility to Pueblo de Panay, Inc.

Description

On 13 July 2023, the Development Bank of the Philippines (DBP) provided a PHP 1.1 billion (USD 20.06 million) loan facility to Pueblo de Panay, Inc. (PDPI). According to the news release, the stated o...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

13 Jul 2023

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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