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Government sets P585 billion borrowings in Q2

The government is set to borrow P585 billion from the domestic market in the second quarter amid hopes of more favorable interest rates here and abroad......»»

Category: financeSource: philstar philstarMar 25th, 2024

USD3.32-B Loan Approved by BSP

On Monday, the Bangko Sentral ng Pilipinas (BSP) announced that the Monetary Board approved USD 3.32 billion in medium-to-long-term (MLT) foreign borrowings for Q4 2023. From October to December 2023, the public sector’s foreign borrowings rose by 65.8%, reaching USD3.32 billion, up from USD2 billion in the same period in 2022. This brought the total […].....»»

Category: newsSource:  metrocebuRelated NewsJan 24th, 2024

Government cuts borrowings to P203 billion in January

The Marcos administration slashed its borrowings by 45 percent to P203 billion at the onset of the new year in the absence of new global bond offerings.......»»

Category: financeSource:  philstarRelated NewsMar 24th, 2024

Foreign borrowings nearly halved in Q1

The public sector’s foreign borrowings approved by the Bangko Sentral ng Pilipinas went down by 48 percent to $2.87 billion in the first quarter from $5.56 billion recorded a year ago......»»

Category: financeSource:  philstarRelated NewsApr 15th, 2024

Foreign borrowings rise to $14.5 billion in 2023

Foreign borrowings approved by the Bangko Sentral ng Pilipinas jumped by more than 40 percent in 2023 after declining for two straight years, as the national government borrowed more from offshore creditors primarily to bankroll key infrastructure projects......»»

Category: financeSource:  philstarRelated NewsJan 22nd, 2024

Government borrowings inch up to P2.19 trillion

The Philippines slightly increased its borrowings to P2.19 trillion last year amid a high interest rate environment here and abroad, with the government almost hitting its entire financing program......»»

Category: newsSource:  philstarRelated NewsMar 3rd, 2024

Tax Notes: BIR clarifies tax treatment of interest on borrowings

Tax Notes: BIR clarifies tax treatment of interest on borrowings.....»»

Category: newsSource:  sunstarRelated NewsFeb 25th, 2024

LGU loans more than tripled in H2

The proposed domestic borrowings of local government units (LGUs) more than tripled to P48.9 billion in the second half of 2023 from P15.8 billion in the same period in 2022, the Bangko Sentral ng Pilipinas (BSP) reported......»»

Category: financeSource:  philstarRelated NewsApr 14th, 2024

RTB issue hikes borrowings to P420 billion in February

The government borrowed 22 percent more in February primarily due to the issuance of Retail Treasury Bonds aimed at financing state projects......»»

Category: newsSource:  philstarRelated NewsApr 15th, 2024

Government eyes P30 billion from 30th RTB issue

The government is borrowing at least P30 billion from small creditors as the Marcos administration sets its third offering of retail Treasury bonds (RTBs) to expand state coffers and finance various projects......»»

Category: newsSource:  philstarRelated NewsFeb 7th, 2024

Dominion Holdings earns P277.3M, sets P1.50 in cash dividends

Dominion Holdings earns P277.3M, sets P1.50 in cash dividends.....»»

Category: newsSource:  sunstarRelated NewsApr 18th, 2024

DMW sets April 15 deadline for kin of deceased Saudi OFW wage claimants

DMW sets April 15 deadline for kin of deceased Saudi OFW wage claimants.....»»

Category: newsSource:  sunstarRelated NewsMar 28th, 2024

CV wage board sets public hearing for kasambahay pay

CV wage board sets public hearing for kasambahay pay.....»»

Category: newsSource:  sunstarRelated NewsMar 28th, 2024

Negros Occidental sets monthly ‘Kadiwa ng Pangulo’ markets

Negros Occidental sets monthly ‘Kadiwa ng Pangulo’ markets.....»»

Category: newsSource:  sunstarRelated NewsMar 23rd, 2024

Zamboanga City sets ‘pick-and-go’ traffic scheme dry run

Zamboanga City sets ‘pick-and-go’ traffic scheme dry run.....»»

Category: newsSource:  sunstarRelated NewsMar 17th, 2024

PH sets new Guinness World Record for largest human organ image

PH sets new Guinness World Record for largest human organ image.....»»

Category: newsSource:  sunstarRelated NewsMar 16th, 2024

Comelec sets 2nd bidding for internet voting system

Comelec sets 2nd bidding for internet voting system.....»»

Category: newsSource:  sunstarRelated NewsMar 1st, 2024

Bago celebrates 58 years of cityhood, sets Sarah-Bamboo free concert

Bago celebrates 58 years of cityhood, sets Sarah-Bamboo free concert.....»»

Category: newsSource:  sunstarRelated NewsFeb 13th, 2024

Clark sets Pebble Beach record with 60

Clark sets Pebble Beach record with 60.....»»

Category: newsSource:  sunstarRelated NewsFeb 4th, 2024

Comelec allocates P465M for internet voting for overseas voters, sets public bidding

Comelec allocates P465M for internet voting for overseas voters, sets public bidding.....»»

Category: sportsSource:  abscbnRelated NewsJan 19th, 2024

Globe sets 2024 capex at P55 billion, a 5-year low

Mobile giant Globe Telecom Inc. is bringing down its capital expenditures to a five-year low of P55 billion in 2024, as the telco works on attaining a certain cost efficiency for financial health......»»

Category: newsSource:  philstarRelated NewsFeb 7th, 2024