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Gov’t debt stock rose to P14.79 trillion as of Jan

MANILA, Philippines — The government’s outstanding debt rose in January due to a weak peso and after the Marcos administration borrowed more from local creditors than what it paid for its maturing liabilities, the Bureau of the Treasury (BTr) reported Friday. Data showed state obligations increased 1.9 percent month-on-month to P14.79 trillion as of January. ALSO READ:.....»»

Category: newsSource:  inquirerRelated NewsMar 2nd, 2024

Debt balloons to P14.8 trillion

The issuance of domestic securities and the weakening of the peso pushed the country’s outstanding debt to a fresh high of P14.79 trillion in January, latest data from the Bureau of the Treasury showed......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

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

'Will not leave any stone unturned to repay this debt of affection': PM Modi in J-K

Srinagar (Jammu and Kashmir) [India], March 7 (ANI): Prime Minister Narendra Modi on Thursday extended gratitude to the people of Jammu and Kashmir for the affection he has received and said that he will not leave any stone unturned to repay this debt of affection. "Modi will not leave any stone unturned to repay this debt of affection. I am doing all this hard work to win your hearts and I believe that I am on the right.....»»

Category: newsSource:  philippinetimesRelated NewsMar 10th, 2024

'Will not leave any stone unturned to repay this debt of affection': PM Modi in J-K

Srinagar (Jammu and Kashmir) [India], March 7 (ANI): Prime Minister Narendra Modi on Thursday extended gratitude to the people of Jammu and Kashmir for the affection he has received and said that he will not leave any stone unturned to repay this debt of affection. "Modi will not leave any stone unturned to repay this debt of affection. I am doing all this hard work to win your hearts and I believe that I am on the right.....»»

Category: newsSource:  manilanewsRelated NewsMar 8th, 2024

Key Tips to Help in Car Negotiations

When purchasing a new vehicle, there’s a lot to think about – and affordability is one of the most vital factors to consider here. In line with this thought, today, we’re looking at several tips to help with your car negotiations; hopefully, this will help you get a good price on your new sale or […] The post Key Tips to Help in Car Negotiations appeared first on Kagay An......»»

Category: newsSource:  kagay_anRelated NewsApr 10th, 2024

Inadequate teacher training for Catch Up Fridays stalls reading progress

Teachers’ lack of in-depth training on how to help struggling readers weakens the impact of the Department of Education’s “Catch Up Fridays” program.....»»

Category: newsSource:  philstarRelated NewsFeb 23rd, 2024

Stocks up, peso breaches 56:$1

The stock market posted slight gains yesterday as it tracked upswing in US markets, while the peso weakened and breached the 56 to $1 barrier......»»

Category: financeSource:  philstarRelated NewsMar 20th, 2024

Peso underperformance likely to continue – MUFG

The Philippine peso may continue to underperform against the dollar this quarter amid the country’s wide current account deficit and expensive foreign exchange valuations, Tokyo-based MUFG Bank said......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

BDO to raise P5 billion via sustainability bonds

BDO Unibank Inc. is raising at least P5 billion as it returned to the domestic debt market via the issuance of peso-denominated fixed-rate sustainability bonds......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

Salt Substitutes Lower Risk of High Blood Pressure by 40% – The Daily Guardian

New Study Finds Salt Substitutes Can Lower the Risk of High Blood Pressure Excessive salt consumption has long been recognized as a major risk factor.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 14th, 2024

Debt payment rises threefold in January

The government jacked up its debt service by more than threefold to P159 billion in January as payments for interest and amortization both increased......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

E-notice provision, other amendments to SARFAESI, DRTA in pipeline to streamline debt recovery

By Vishu AdhanaNew Delhi [India], March 19 (ANI): The Ministry of Finance has constituted a committee to determine further amendments to the SARFAESI and DRT Acts, including providing legal cover to e-notice for expeditious debt recovery, sources in the ministry said. The committee held several meetings and discussions are in the "advanced stage," sources told ANI. Last month, the finance ministry held extensive discussio.....»»

Category: newsSource:  manilanewsRelated NewsMar 21st, 2024

BPI raises $400 million from offshore debt market

Bank of the Philippine Islands has raised $400 million after successfully tapping into the offshore debt market for the first time since 2019......»»

Category: financeSource:  philstarRelated NewsMar 20th, 2024

Foreign debt reaches all-time high in 2023

The country’s foreign debt reached another record high in 2023, as both the national government and the private sector borrowed more from offshore creditors, the central bank said......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

Government debt payments rise to record P1.6 trillion

The country’s debt service registered a record P1.6 trillion last year, exceeding the program, as the government aggressively moved to cut mounting obligations......»»

Category: financeSource:  philstarRelated NewsMar 11th, 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