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Government to limit debt as new taxes hang

With outstanding debt at a record high, the government may have to go slow with its borrowing spree, at least for now, amid its no new taxes stance and the still elevated interest rate environment......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 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

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

Philippines debt declines to P14.9 trillion in March

The country’s outstanding debt declined by nearly two percent to P14.93 trillion as of end-March from a record P15.18 trillion a month ago as the government settled its obligations to both local and foreign lenders, according to the Bureau of the Treasury......»»

Category: financeSource:  philstarRelated NewsMay 2nd, 2024

In Asia Pacific, rise in public debt is hurting women’s access to social services

Regular check ups, particularly those related to reproductive health, are not covered by the free services provided by village health centers, as per the Philippine law on universal health care. Fabella wishes that the government can allocate more funds for the basic services but this has not improved over the years. The post In Asia Pacific, rise in public debt is hurting women’s access to social services appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsMay 2nd, 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

PH debt rose to P14.62 trillion in 2023

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

Category: sportsSource:  abscbnRelated NewsFeb 2nd, 2024

Significance of the country visit of UN SR for free expression and opinion to the PH

Human rights group emphasized the importance UN Special Rapporteur's visit, adding that this is the chance to show the international community that all is not well in the Philippines, and how current government policies, laws and programs have led to killings and various forms of human rights violations. The post Significance of the country visit of UN SR for free expression and opinion to the PH appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsJan 18th, 2024

Red-tagging hobbles free expression and opinion

Freedom of expression and opinion in the Philippines is seriously hampered by the practice of red-tagging, according to Irene Khan, United Nations Special Rapporteur, who wound up a 10-day official visit to the Philippines yesterday......»»

Category: newsSource:  philstarRelated NewsFeb 2nd, 2024

Ramon Lim, former STAR opinion editor, writes 30

Ramon M. Lim, former opinion editor of The Philippine STAR, fought a good fight from COVID to pneumonia for more than a month starting mid-January of this year......»»

Category: newsSource:  philstarRelated NewsMar 8th, 2024

VP Sara ready to face ICC charges only before a Filipino court

Vice President Sara Duterte expressed her readiness to confront any allegations against her but insisted that she would only do so in front of a Filipino judge and within the jurisdiction of a Filipino court. In a statement on her Facebook page, she emphasized her refusal to participate in any process that could tarnish the reputation and integrity of the Philippine judiciary system. Duterte adamantly opposed the involvement of foreign entities in the country's legal affairs, citing it as a dishonor to the sacrifices made by Filipino heroes for the nation's freedom. Duterte, who previously served as vice mayor and mayor of Davao City, vehemently denied any involvement in the Davao Death Squad during her terms in office. She expressed dismay over the sudden appearance of a witness against her in the International Criminal Court (ICC) after assuming the vice presidency. Duterte dismissed the accusations and questioned the motives behind the allegations, asserting her capability to accomplish tasks without resorting to unlawful means. In a related development, President Ferdinand Marcos Jr. voiced his refusal to acknowledge the ICC's jurisdiction in the Philippines, considering it a threat to the country's sovereignty. He issued a directive for all government agencies to refrain from cooperating with the ICC, emphasizing the nation's non-recognition of the court's authority. Former senator Antonio Trillanes IV claimed that ICC investigators had gathered substantial evidence against former President Rodrigo Duterte regarding his administration's war on drugs. He anticipated an imminent issuance of an arrest warrant against the former president. Former President Rodrigo Duterte condemned the ICC's decision to initiate a preliminary investigation into the war on drugs, labeling it an insult to the Philippines and challenging the court's jurisdiction within the country. During his presidency, he initiated the withdrawal of the Philippines' membership from the Rome Statute, the treaty that established the ICC. The ICC appeals chamber recently granted a request to resume the investigation into alleged crimes against humanity related to the Philippines' controversial drug campaign, spanning from November 2011 to March 2019. The developments surrounding the ICC's probe into the Philippines' internal affairs have sparked a contentious debate, with key political figures and rights groups expressing divergent views on the matter. The ongoing tensions between the Philippines and the ICC underscore the complex intersection of international law, national sovereignty, and human rights issues......»»

Category: newsSource:  sunstarRelated NewsJan 24th, 2024

[OPINION] What is needed is culture change, not charter change

'Instead of just tinkering with the system, we need a common frame for understanding and interpreting our own past, for defining who we are and what we stand for as a nation'.....»»

Category: newsSource:  rapplerRelated NewsFeb 19th, 2024

PH task force on media security’s efforts not enough, says UN’s Khan

United Nation Special Rapporteur on freedom of expression and opinion Irene Khan also emphasizes: Media killings should be considered work-related until proven that they are not.....»»

Category: newsSource:  rapplerRelated NewsFeb 3rd, 2024

Woman in Peru accused of cutting off  partner’s penis

Lima, Peru —Peruvian authorities said Tuesday they were investigating a woman accused of cutting off her partner’s penis with a kitchen knife as he slept. “We are awaiting the results of the investigation to determine the motive and circumstances of the events,” Darinka Lossio, a prosecutor with the city of Chota in northern Peru, told AFP of the.....»»

Category: newsSource:  inquirerRelated NewsFeb 14th, 2024

Xinhua world news summary at 0630 GMT, Feb. 11

GAZA -- At least 25 Palestinians were killed in Israeli bombing of a house in the southern Gaza Strip city of Rafah on Sunday, according to the official Palestinian news agency WAFA. (Gaza-Israel-Bombing) - - - - LIMA -- The Peruvian government has declared a state of emergency on Saturday for at least 96 districts in 15 regions of the country due to damage caused by heavy rains in recent weeks. Th.....»»

Category: newsSource:  manilanewsRelated NewsFeb 12th, 2024

Xinhua world news summary at 0630 GMT, Feb. 11

GAZA -- At least 25 Palestinians were killed in Israeli bombing of a house in the southern Gaza Strip city of Rafah on Sunday, according to the official Palestinian news agency WAFA. (Gaza-Israel-Bombing) - - - - LIMA -- The Peruvian government has declared a state of emergency on Saturday for at least 96 districts in 15 regions of the country due to damage caused by heavy rains in recent weeks. Th.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 11th, 2024

Dallas Liu compares Philippines to Fire Nation, reflects on Zuko s redemption arc

Dallas Liu joked that the Philippine humidity rivals that of the Fire Nation in "Avatar: The Last Airbender.".....»»

Category: entertainmentSource:  philstarRelated NewsFeb 21st, 2024

Opposition bares some Senate bets for 2025 elections

Liberal Party spokesperson Leila de Lima says that the party will try to convince former vice president Leni Robredo to join the opposition's senatorial ticket.....»»

Category: newsSource:  rapplerRelated NewsFeb 22nd, 2024

In Peru, ‘Teddy bear’ cop nabs drug dealers

LIMA, Peru — Happy Valentine’s Day, you’re under arrest! Two women in Peru accused of drug trafficking got more than they bargained for on Wednesday when a romantic gesture turned out to be a police raid leading to their arrests. Police footage of the raid showed a giant teddy bear holding up gifts outside the women’s home,.....»»

Category: newsSource:  inquirerRelated NewsFeb 17th, 2024