Bond Investment Strategies
Rules speed up joint venture agreements
MANILA, Philippines - The government hopes to attract more foreign investments as it speeds up the approval process for joint venture agreements between agencies and private companies through guidelines approved on April 8. The joint venture guidelines, due for release today, also contain a clause mandating an agency that receives an unsolicited project proposal from a private company to act on it within 10 working days. "The guidelines will, in effect, expedite [projects] through clear-cut joint-venture processes," Government Corporate Counsel Alberto Agra said in an interview Wednesday. His office, which received the rules from the National Economic and Development Authority (NEDA), is expected to publish these today. In a letter to the government corporate lawyer, Socioeconomic Planning Secretary Augusto B.
NZ Super Fund investments in death and destruction
This update follows the NZ Superannuation Fund's announcement earlier this month that it intends to divest from companies involved in the production of cluster munitions. It revises and expands the information provided in 'Investing in whose future? NZ Super Fund investments in cluster munitions and nuclear weapons production' [1] , the February 2008 No WARP! (Network Opposed to Weapons and Related Production) action alert and leaflet. .
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