MANILA, Philippines — The International Finance Corporation (IFC) is considering a $10 million investment in Dali Everyday Grocery, a rapidly expanding hard-discount retailer in the Philippines.
The private-sector arm of the World Bank Group revealed this in a disclosure dated September 22.
According to the IFC, the proposed quasi-equity financing would help Dali broaden consumer access to affordable household products, supporting its continued growth across the country.
https://business.inquirer.net/549711/ifc-mulls-10-m-bet-on-philippine-retailer-dali
