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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

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

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

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

The power of words and reading

My favorite quotation on reading and books is from former US president Barack Obama, who said in a 2017 interview on what books mean to him: “…(reading) reintroduced me to the power of words as a way to figure out who you are and what you think, and what you believe, and what’s important, and to sort through and interpret this swirl of events that is happening around you every minute.”.....»»

Category: newsSource:  philstarRelated NewsApr 7th, 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

[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

Human Receives First Neuralink Brain Implant, Plays Civilization 6

What better way to test your new “Cyberpunk-like” brain with a good ‘ol strategy game, right? This is what the first human recipient of the Neuralink brain-computer interface (BCI) did, as he tested his “new” brain by playing a highly touted grand strategy game, Civilization VI. This comes as the Elon Musk-led company has etched […].....»»

Category: newsSource:  metrocebuRelated NewsMar 29th, 2024

Keeping Magnolia at Bey

The theory is if the opposing imports cancel each other out, then the locals will decide the outcome of the PBA Commissioner’s Cup Finals. But what if the imports don’t perform as expected, can the locals carry the load?.....»»

Category: sportsSource:  philstarRelated NewsFeb 6th, 2024

Less is More: Simplifying Your Business for Maximum Impact

In the world of business, simplicity is the key to success – like finding a hidden treasure trove. When you strip away the unnecessary from your processes, everything runs smoothly, like a well-oiled machine. Ever struggled with overly complicated instructions? It’s like trying to navigate a maze without a map. But when you simplify things, […].....»»

Category: newsSource:  metrocebuRelated NewsMar 29th, 2024

‘Buruguduystunstugudunstuy’ promises wild ride through Parokya ni Edgar’s musical universe

Parokya ni Edgar’s second album, Buruguduystunstugudunstuy, released in 1997, was adopted as the title of a major musical carrying the band’s songs. This April, Full House Theater Company will stage the musical at the Newport Performing Arts Theater of Newport World Resorts......»»

Category: entertainmentSource:  philstarRelated NewsMar 31st, 2024

Cebu City’s Singapore-like goal is about instilling discipline and respect, city administrator says

CEBU CITY, Philippines —  Discipline and respect are what will make Cebu City a Singapore-like city. According to Cebu City Administrator and Lawyer Collin Rosell, speaking on Friday, March 1, during the “League of Lupong Tagapamayapa – Cebu City Chapter General Assembly and Board of Directors Election,” held near a pier in Cebu City, Mayor.....»»

Category: newsSource:  inquirerRelated NewsMar 3rd, 2024

LIST: Concerts, events this March 2024

March will carry over the excitement from 2024's early concerts and productions to ensure the year's first quarter ends with a bang......»»

Category: entertainmentSource:  philstarRelated NewsFeb 28th, 2024

Millennials, Gen Zs seen to lift travel demand

Low-cost carrier AirAsia Philippines is banking on the youth to carry the travel demand this year, as they tend to involve their loved ones in their plans, increasing spending on trips......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024

PSSO warns anew vs building structures atop dikes, coastal road

The Davao City Public Safety and Security Office's (PSSO) Coastal Road and Davao River Monitoring Team has issued a renewed warning to Dabawenyos against constructing buildings on top of dikes and along the coastal road. This caution follows the dismantling of 334 illegal structures from October 2020 to the third week of January 2023. PSSO Head Angel Sumagaysay emphasized that these structures, including house extensions, kitchen extensions, cages, and sala extensions, are typically found atop or attached to dikes and gabions near the Davao River. Recent operations in the Talomo District involved the removal of a hut at Purok 8 Iñigo, Matina Pangi, and a reconstructed fisherman's kiosk at the Punta Dumalag section of the Coastal Area. Sumagaysay highlighted that the PSSO collaborates with barangays to identify and address illegal structures, and owners are given the choice to self-demolish or have the PSSO carry out the demolition. Sumagaysay stressed that illegal structures on dikes and gabions pose risks to the structure's integrity, potentially leading to increased flooding and related issues. He urged residents living near the river to refrain from constructing any form of extension or additional structure on the dikes, emphasizing the need to preserve their stability to prevent flooding and overflow. The PSSO does not have a specific target number of structures to dismantle, but rather identifies them during monitoring and inspection, working in coordination with barangays and purok leaders. Sumagaysay hopes that the public comprehends the purpose behind these dismantling efforts, emphasizing the importance of safeguarding the dikes to mitigate flooding risks......»»

Category: newsSource:  sunstarRelated NewsJan 26th, 2024