^
+ Follow VIPUL BHAGAT Tag
VIPUL BHAGAT
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 363034
                    [Title] => IFC to assist TransCo bid winner
                    [Summary] => The winning bidder for the 25-year concession of the National Transmission Corp. (TransCo), the country’s sole power transmission provider, has been assured of financial assistance.


This as the International Finance Corp. (IFC) said it was prepared to provide financing support to the winning concessionaire. The IFC is the private sector investment arm of the World Bank.
[DatePublished] => 2006-10-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 341846 [Title] => IFC eyes investing in RP [Summary] => The World Bank’s private investment arm, International Finance Corp. (IFC), is considering investing $2 billion to $5 billion in the Philippines.

Vipul Bhagat, IFC country manager for Philippines and Thailand, said that they were interested in making investments or assist in enticing foreign investors in infrastructure, tourism and information technology industries, especially in business processing outsourcing, electronics and energy.

The IFC is also looking at possible investments in water distribution, medical tourism, the financial sector and the mining sector. [DatePublished] => 2006-06-14 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [2] => Array ( [ArticleID] => 322107 [Title] => IFC ready to fund eco-friendly tourism projects in Boracay [Summary] => The International Finance Corp. (IFC), the private financing arm of the World Bank said it is willing to provide loans to both the public and private sector that have environmentally-sound and sustainable tourism-related projects in the world famous tourist destination, Boracay Island.

"We have a credit window that could be availed of be investors that can meet our criteria of implementing tourism-related projects that are both viable and sustainable, and ensure the environment is preserved and enhanced even," said IFC country manager Vipul Bhagat.
[DatePublished] => 2006-02-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1704647 [AuthorName] => Rocel Felix [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 282652 [Title] => IFC may raise RP credit facility to $150M [Summary] => The International Finance Corp. (IFC), the private sector arm of the World Bank (WB), may raise its loans to the Philippines to $125 million to $150 million to support infrastructure, financial sector, and small-and-medium enterprise projects.

Vipul Bhagat, IFC’s country manager for the Philippines, said the IFC has committed a total of $105 million in loans to the Philippines but this he said could be increased due to the Philippines’ improving fiscal position.
[DatePublished] => 2005-06-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 282451 [Title] => IFC extends record loan to Filinvest Land [Summary] => Filinvest Land Inc. (FLI) , a real estate development firm owned by the Gotianun family, has signed an agreement with the International Finance Corp. (IFC) for a P2.25 billion (approximately $41 million) loan to help improve the availability of mortgage financing to lower and middle-income buyers.

IFC country manager Vipul Bhagat said this was the largest local currency financing extended by IFC to a Philippine company. The loan has a term of eight years.
[DatePublished] => 2005-06-19 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 274958 [Title] => IFC eyes non-performing assets [Summary] => The International Finance Corp. (IFC) is looking for other possible investments in the market for non-performing assets (NPAs) following the successful acquisition of the bad loans of the National Home Mortgage Finance Corp. (NHMFC).

The IFC said yesterday that the NHMFC deal was a replicable model for the NPA market that could be used for similar acquisitions of bad loans that could be rehabilitated by asset management companies.
[DatePublished] => 2005-04-23 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 251571 [Title] => IFC sets involvement in RP’s rural electrification program [Summary] => The International Finance Corp. (IFC) has been given the green light by the Philippine government to get involved in the country’s rural electrification program.

IFC, the private sector arm of the World Bank, has signed an advisory mandate from the Department of Energy (DOE) to promote private investment and competitive infrastructure in rural power supply. However, it will not be involved in power generation.
[DatePublished] => 2004-05-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 226282 [Title] => IFC willing to finance SMEs in RP [Summary] => The International Finance Corp. (IFC), the financing arm of the World Bank, is willing to provide financing for small and medium enterprises, Trade and Industry Secretary Manuel A. Roxas II, said yesterday.

Roxas met last week with IFC officials, led by IFC country manager Vipul Bhagat, to discuss a possible financing scheme for SMEs with counterpart funding from the government through the National Development Corp. (NDC) and the private sector.
[DatePublished] => 2003-11-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097285 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 192759 [Title] => IFC, ADB mull joint venture to buy banks’ bad debts [Summary] => The International Finance Corp. (IFC) said yesterday it plans to set up a joint venture with the Asian Development Bank (ADB) and other partners to buy bad debts from Philippine banks.

The details of the plan will be finalized after the government releases regulations for so-called special purpose asset vehicles (SPAVs) or asset management companies authorized to acquire and invest in banks’ non-performing loans.
[DatePublished] => 2003-01-25 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 188834 [Title] => IFC-HSBC launches $20-M trade facility [Summary] => The International Finance Corp. (IFC), the private sector deve- lopment arm of the World Bank Group, recently signed an agreement to develop a partnership with the Hongkong and Shanghai Banking Corp. Ltd. (HSBC), that will establish the $20 million Philippine trade facility (PTF).

The facility will provide medium-sized private local banks active in import trade, with access to increased confirmation limits for letters of credits (LCs) issued by them.
[DatePublished] => 2002-12-22 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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