PHILIPPINES PRESS-Melco Crown Philippines sets up $340 mln debt facility - BusinessMirror
Casino operator Melco Crown (Philippines) Resorts Corp said it had signed a loan agreement with subsidiaries to provide a term-loan facility for up to $340 million in case a planned senior notes issue is not finalised, the BusinessMirror newspaper reported.
NOTE: Reuters has not verified this story and does not vouch for its accuracy. (Compiled by Manila Newsroom; Editing by Anand Basu)
DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.