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Two Philippine property firms to raise US$359m in 2017

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The outlook for the property sector seems bright with economic managers saying this will be the "golden age of infrastructure" in the country.

Manila

TWO Philippine companies involved in the property sector announced on Tuesday plans to raise a combined US$358.7 million from the capital markets next year to fund expansion plans.

This comes at a time when President Rodrigo Duterte has vowed to raise infrastructure spending

sentifi.com

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