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    Bond issue proposed to fund ships for South China Sea

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    Date
    January 12, 2016
    Author
    Mariano, Keith Richard
    Tubadeza, Kathryn Mae P.
    Metadata
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    Classification code
    BW20160112_S1/5
    Excerpt
    A legislator on Monday proposed that the government offer up to P150 billion worth of retail bonds to help finance the Armed Forces of the Philippines (AFP) modernization program. The next administration should ascertain the feasibility of offering up to P150 billion worth of Kalayaan retail bonds to support the Armed Forces of the Philippines Modernization Program, amid the country's long-running row with China over territorial waters,a statement from House Deputy Minority Leader and LPGMA (LPG Marketers Association) party-list Rep. Arnel U. Ty read.
    Citation
    Mariano, K. R. & Tubadeza, K. M. P. (2016, January 12). Bond issue proposed to fund ships for South China Sea. Business World, p. S1/5.
    URI
    http://hdl.handle.net/20.500.12174/819
    Associated content
    Online version
    Subject
    Financing; Governments; Territorial waters; Defence craft; Exclusive economic zone; Disputes; Department of National Defense; Armed Forces of the Philippines (AFP); Ty, Arnel; Aquino, Benigno III
    Collections
    • BusinessWorld [512]

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