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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......»»
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.......»»
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......»»
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......»»
Tax Notes: BIR clarifies tax treatment of interest on borrowings
Tax Notes: BIR clarifies tax treatment of interest on borrowings.....»»
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 […].....»»
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......»»
Interview: ISU chief hails next generation stars rising at Gangwon 2024
GANGNEUNG, South Korea, Jan. 28 (Xinhua) -- The next generation stars in ice skating are rising at the 2024 Gangwon Winter Youth Olympic Games, chief of the global skating governing body has said. "Next-generation stars can compete [at a] global level. Just like many other sports, this is an event where we get to see the rising stars, the next generation stars," Kim Jae-youl, president of the International Skati.....»»
7 Tips to Help You Save on Your Next Travel Adventure
Traveling can be costly but it shouldn’t be. There are ways to capitalize on affordable prices in deals to help you save. But can you pay less during your travels? Here are some tips that can help you save on your next travel adventure: 1. Plan your trip ahead Prepare for your trip ahead of […].....»»
BINI s 2nd, 3rd night concert tickets gone in less than 2 hours
Star Music announced that the second and third-day concerts of P-pop girl group BINI at the New Frontier Theater have completely sold out in less than two hours......»»
MCWD: Supply Dropped, expect less water
MCWD: Supply Dropped, expect less water.....»»
Bantayan Island bliss: Beach getaway for less than P5,000
Bantayan Island bliss: Beach getaway for less than P5,000.....»»
Riding the crossroads: The battle of Manila’s jeepney drivers against modernization
“Most members in my group are seniors,” he said, “My father is 72 years old, yet he drives every day because he doesn't want to rely on his children. He needs money for medication, electricity and water to survive. Where will they find a livelihood? I’m sure no company would want to hire them anymore, right?” The post Riding the crossroads: The battle of Manila’s jeepney drivers against modernization appeared first on Bulatlat......»»
‘Not war with China; don’t rely only on US’ – Marcos Jr.
One may not have expected to hear or read this from Marcos Jr......»»
Why Now’s the Perfect Time to Rethink Your Social Media Security
Last week’s Meta outage was a stark reminder of our dependence on digital platforms. While the technical glitches were temporary, they once again highlighted the utmost importance of online security, especially for businesses that rely heavily on social media. Here’s how to ensure your social media accounts remain secure, even during unexpected disruptions. Fortify Your […].....»»
NZ support for strikes against Houthis
Foreign Minister Winston Peters and Defence Minister Judith Collins KC today expressed New Zealand support for strikes against Houthi targets in Yemen threatening commercial shipping in the Red Sea."Today's strikes support international security and trade, on which New Zealanders rely," Foreign Minister Winston Peters said. "Nearly 15 per cent of global trade flows thr.....»»
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......»»
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......»»
US set to overtake China as Germany s top trade partner - data
Berlin has been exporting less to the Asian country in recent years, statistics have shown The US is on track to surpass China as Germany's leading trade partner as soon as next year, Reuters reported this week, citing the German Chamber of Industry and Commerce (DIHK). China has held the top spot for the past seven y.....»»
Sara reveals she will run in next polls
Summary: Sara Duterte, the Vice President and Education Secretary, announced her intention to run in the next election during a visit to flood victims in Barangay Bago Gallera. In a Facebook Live video, she mentioned that her brothers, Davao City Mayor Sebastian “Baste” Duterte and First District Rep. Paolo “Pulong” Duterte, may not run in the next election, prompting her decision to campaign. However, she did not specify the position she would be running for. The upcoming election will be the 2025 midterm senatorial elections for senators, congressmen, and local officials, with the presidential national elections scheduled for 2028. Duterte also emphasized the importance of barangay development councils in times of calamity and stressed the need for disaster resilience and awareness among barangay officials and children. Additionally, she highlighted the significance of safety and security, urging trust in security personnel and caution against scammers and swindlers. Duterte also emphasized the importance of education for the younger generation and the equal opportunities it provides. This announcement comes amidst her visits to various areas in the Philippines, where she has been extending aid and addressing pertinent issues such as disaster resilience and community safety......»»