Malacañang Palace 09 August 2012 President Benigno S. Aquino III witnessed the signing of a loan agreement between the Philippines and South Korea for the construction of the Jaluar River Multipurpose Irrigation Project in Iloilo. The $207.88 million loan agreement was signed between Finance Secretary Cesar Purisima and Executive Director Sang-Wan Byun of the continue reading : Signing of the Loan Agreement for the Jaluar River Multipurpose Irrigation Project in Iloilo