MANILA, Sept 29 (Reuters) - Here are news stories and press reports which may influence local financial markets on Thursday:
- ASEAN 100 Leadership forum: One ASEAN, How Close are We?, Shangri-La Makati Hotel, 9:00 a.m. to 6 p.m. [0100 to 1000 GMT]
- Second day of the 8th International Technology Exhibition & Conference on Energy, Power and Electrical Engineering, SMX Convention Center
REUTERS NEWS - PHILIPPINES
> Philippines counts cost after typhoon departs
> Philippines puts typhoon crop damage at $16.6 mln
> ASEAN agrees data-sharing to fight militants
> Philippines eyes retail T-bond sale in mid-Oct
> NiHAO signs marketing deal with Glencore
> Cbank sees one-off inflation impact from typhoon
> Marubeni venture to expand Philippine power plant
LOCAL PRESS REPORTS
(Reuters has not verified these stories)
- Debt watchers have agreed with the Philippines' claim of improved macroeconomic foundations, a development that could boost the country's chances of gaining an investment grade rating, central bank governor Amando Tetangco said.
(BUSINESSWORLD)
- The Philippine government has signed a $500 million credit line with the World Bank for emergency relief and post-disaster reconstruction. (ALL PAPERS)
- The Philippine Stock Exchange said it had deferred the launch of a new board showcasing firms with high governance standards, called the Maharlika Board, which was originally set for this month. (BUSINESSWORLD)
- The proponents of Maibarara geothermal power project, including Trans-Asia Oil and Energy Development Corp , have signed a 2 billion peso ($46 million) loan agreement with
Rizal Commercial Banking Corp . (ALL PAPERS)
- Security Bank Corp said it was looking to raise as much as 10 billion pesos via long-term certificates of
deposits offering higher yields to investors. (PHILIPPINE DAILY INQUIRER, MANILA STANDARD TODAY)
- Belle Corp has extended until Thursday its 4.5 billion peso stock rights offer, which was supposed to end on Tuesday, due to Typhoon Nesat.
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