PH Dealbook: Semirara, Meralco close power supply deal; DoubleDragon to build Jollibee Tower; BSP launches credit facility for micro SMEs

In three separate developments in the Philippines, listed power firms Semirara Mining and Power Corp and Manila Electric Company (Meralco) have completed a power supply deal, while property firm DoubleDragon Properties Corp has reached an agreement to build the 40-storey Jollibee Tower for fast food giant Jollibee Foods Corp . Meanwhile, the Phillipine central bank or Banko Sentral ng Pilipinas (BSP) has unveiled its latest credit facility for micro, small and medium enterprises (MSMEs).