IN PHOTOS: Finance Secretary Ralph G. Recto met with senior officials of Nomura on June 20, 2024 in Tokyo to explore opportunities for collaboration in the country’s fundraising activities and public-private partnerships (PPPs).

Secretary Recto encouraged Nomura／野村證券 to participate in the government’s Build Better More program consisting of big-ticket infrastructure projects open for PPPs, noting that private sector participation is now made easier and faster through the PPP Code.

Nomura showed strong interest in supporting the country’s infrastructure projects, renewable energy market, and sustainability programs.

The firm also expressed eagerness in supporting the Philippines’ future issuances of Samurai bonds.

Nomura is a global financial services group that offers solutions in retail, wholesale, and asset management. It has supported the Philippines’ international financing efforts by assisting its past Samurai bond issuances and co-hosting Philippine Economic Briefings in Japan, including the recent event in Tokyo on June 21, 2024.

Key Nomura officials present during the meeting were Senior Managing Director and Global Head of Investment Banking Masahiro Goto; Managing Director and Joint Head of Capital Markets Tatsuya Yasuda; Managing Director and Joint Head of Syndicate Akihiro Igarashi; Executive Director and Head of International Debt Capital Markets Masanori Kazama; and Nomura Philippines Country Head Miguel Ozaeta.

Joining Secretary Recto were Department of Finance (DOF) Undersecretaries Maria Luwalhati Dorotan-Tiuseco, Charlito Martin Mendoza, Catherine L. Fong, Rolando G. Tungpalan, and Domini S. Velasquez; and National Treasurer Sharon P. Almanza.