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End-January Philippine debt balloons to P14.79 trillion — Treasury

The Philippines' outstanding debt climbed to a record of P14.79 trillion as of the end of January 2024 due to the net issuance of domestic securities and the effect of peso depreciation, the Bureau of Treasury (BTr) said on Friday......»»

Category: newsSource:  philstarRelated NewsMar 1st, 2024

Metrobank raises $1 billion on international debt market

Metrobank [MBT 62.00 ?1.5%] [link] revealed that it was able to sell twice the amount in medium-term notes on the international debt capital markets than it intended......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

Metrobank eyes return to offshore debt market

Metropolitan Bank & Trust Co. is returning to the offshore debt market to raise at least $500 million to diversify the bank’s funding sources and support its operations......»»

Category: financeSource:  philstarRelated NewsFeb 27th, 2024

Sky-high debt a major factor in aborted cable TV merger

It was a ‘til debt do us part’ of sorts that caused the collapse of talks between telco giant PLDT Inc. and Sky Cable Corp.’s parent firm ABS-CBN, industry sources said......»»

Category: financeSource:  philstarRelated NewsFeb 25th, 2024

Attorney General says she’ll seize Donald Trump’s property if he can’t pay $454 million civil fraud debt

Attorney General says she’ll seize Donald Trump’s property if he can’t pay $454 million civil fraud debt.....»»

Category: newsSource:  sunstarRelated NewsFeb 22nd, 2024

ALI to raise P50 billion in debt capital

Property giant Ayala Land Inc. is raising up to P50 billion in debt capital this year to refinance maturing obligations and partially fund general corporate requirements......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

BPI eyes return to debt markets in 1st half

Bank of the Philippine Islands is looking to tap the local and foreign debt markets within the first half of the year to raise funds to refinance its maturing obligations and beef up its lending portfolio......»»

Category: financeSource:  philstarRelated NewsFeb 9th, 2024

Struggling with credit card debt: Renters and low-income individuals fall behind – The Daily Guardian

Title: Financial Challenges Persist for Certain U.S. Population Despite Strong Economy Subtitle: Rising inflation, credit card debt, and student loan burdens threaten the financial well-being.....»»

Category: newsSource:  inquirerRelated NewsFeb 6th, 2024

PH debt rose to P14.62 trillion in 2023

PH debt rose to P14.62 trillion in 2023.....»»

Category: sportsSource:  abscbnRelated NewsFeb 2nd, 2024

Philippines debt hits record P14.6 trillion

The Marcos administration has so far incurred P1.82 trillion in debt since it assumed office, largely due to a high interest rate environment, pushing the country’s outstanding obligation to an all-time high of P14.62 trillion in 2023, according to the Bureau of the Treasury......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024

Third retail bond issue eyed in Q1

The government will borrow from small creditors in the first quarter as the Marcos administration sets its third offering of retail Treasury bonds in a bid to boost state coffers and finance various projects......»»

Category: newsSource:  philstarRelated NewsJan 19th, 2024

Philippines GDP growth slows to 5.6 pct in 2023

© Provided by Xinhua MANILA, Feb. 1 (Xinhua) -- The Philippine economy grew by 5.6 percent in 2023 after expanding by 5.6 percent in the fourth quarter, below the 6 to 7 percent target range for 2023 set by the government, the Philippine Statistics Authority.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 3rd, 2024

Philippines GDP growth slows to 5.6 pct in 2023

© Provided by Xinhua MANILA, Feb. 1 (Xinhua) -- The Philippine economy grew by 5.6 percent in 2023 after expanding by 5.6 percent in the fourth quarter, below the 6 to 7 percent target range for 2023 set by the government, the Philippine Statistics Authority.....»»

Category: sportsSource:  abscbnRelated NewsFeb 1st, 2024

Most Read Apr 26, 2018 – 01:29 PM

Most Read as of Apr 26, 2018 – 01:29 PM SC to announce 2017 bar exam results at 1:15 p.m. on Thursday 25.5% of 6,750 pass Bar Exam 2017 University of St. La Salle alum tops Bar Exam 2017 Sotto bares initial list of Senate bets NPC will endorse in 2019 Sunshine Dizon explains why.....»»

Category: newsSource:  inquirerRelated NewsApr 10th, 2024

Latest Stories as of Apr 26, 2018 – 01:42 PM

Latest Stories as of Apr 26, 2018 – 01:42 PM FULL LIST: 2017 Bar examination passers Marvel Studios’ ‘Avengers: Infinity War’ nabs P141.6-M on opening day in the PH Moira Dela Torre speaks up about relationship and reunion with dad Tight security at ports as exodus out of Boracay begins US Embassy hosts drug treatment.....»»

Category: newsSource:  inquirerRelated NewsApr 10th, 2024

PSE has until 2025 to spend money it raised in 2018

The PSE disclosed that its board of directors voted to approve an extension of the timeline for its disbursement of the P2.8 billion in net proceeds that it raised through a 2018 stock rights offering......»»

Category: financeSource:  philstarRelated NewsFeb 23rd, 2024

Mapúa MCM celebrates standard of quality education with certification of ISO 21001:2018

Mapúa MCM celebrates standard of quality education with certification of ISO 21001:2018.....»»

Category: newsSource:  sunstarRelated NewsFeb 4th, 2024

Road Warriors overcome 3rd-quarter slump vs FiberXers

Usually struggling in the third quarter, the NLEX Road Warriors flipped the script and ran away with a massive 115-93 victory over the Converge FiberXers in their PBA Philippine Cup clash on Saturday......»»

Category: sportsSource:  philstarRelated NewsMar 10th, 2024

Economy likely grew by 6.2 percent in Q4

The Philippine economy likely posted a faster growth rate in the fourth quarter of 2023 than in the third quarter, supported by gains in the labor market, according to an economist......»»

Category: newsSource:  philstarRelated NewsJan 14th, 2024

Moody’s Analytics sees below 5 percent GDP in Q4

Philippine economic growth likely slowed to below five percent in the final quarter of 2023 on the back of softer global economic growth, according to Moody’s Analytics......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024