Ayala said it signed a yen-denominated term loan equivalent to $200 million or about P11.5 billion following a positive credit rating appraisal from the Japan Credit Rating Agency Ltd. (JCR).

T he government and Japan's biggest business lobby Keidanren said Monday they plan to double the country's capital expenditures to 200 trillion yen ($1.3 trillion) in fiscal 2040 from its level in ...