Restructuring

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Saturday, 1 August 2026
1 Jul 2026
2:47PM

Cebu BRT restructured after $85-M World Bank loan cut

CEBU CITY— The Cebu Bus Rapid Transit (CBRT) project has undergone a major restructuring, primarily to align its scope with reduced financing after the World Bank canceled nearly $85 million in loan proceeds.
1 Apr 2026
1:07PM

PH seeks to cancel unused Cebu BRT loan funds

CEBU CITY — The Philippines is seeking to cancel unused portions of the funding for the Cebu Bus Rapid Transit (CBRT) project, with its closing date now less than six months away.
12 Aug 2024
11:00AM

Struggling TKC Metals to restructure into 'Tiger World' shell company

Businessman Ben C. Tiu’s TKC Metals Corp. is selling its remaining subsidiaries and will become a shell company.
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