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Alsons Power stages innovation conference

In a bid to foster a culture of innovation and excellence, Alsons Power Group staged its inaugural Innovation Conference under the theme “Innovation: It’s for Everyone.”.....»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

Government borrowings down by 12 percent to P830 billion in Q1

The government slashed its borrowings by 12 percent to P830 billion in the first quarter, particularly its obligations to the foreign market, according to the Bureau of the Treasury......»»

Category: financeSource:  philstarRelated NewsApr 28th, 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

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

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

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

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

Higher GOCC remittances to help reduce debt – Marcos

Higher remittances from government-owned or controlled corporations will help cut the country’s borrowings and avoid the imposition of higher taxes, President Marcos said yesterday......»»

Category: newsSource:  philstarRelated NewsMay 6th, 2024

Government hikes borrowings to P2.57 trillion for this year

The Philippines raised its 2024 borrowing program by four percent to P2.57 trillion, which could make fiscal consolidation more challenging for the government......»»

Category: financeSource:  philstarRelated NewsApr 30th, 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

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

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:  philstarRelated NewsMar 25th, 2024

Globe subsidiary eyes bringing eco-friendly scooter in Cebu

Globe subsidiary eyes bringing eco-friendly scooter in Cebu.....»»

Category: newsSource:  sunstarRelated News16 hr. 55 min. ago

Bacolod eyes partnering with pharmacies for medical assistance

Bacolod eyes partnering with pharmacies for medical assistance.....»»

Category: newsSource:  sunstarRelated NewsMay 4th, 2024

Ilocos Norte town eyes solar power irrigation system to aid farmers

Ilocos Norte town eyes solar power irrigation system to aid farmers.....»»

Category: newsSource:  sunstarRelated NewsMay 4th, 2024

BCPO eyes task force to solve bizman s slay

BCPO eyes task force to solve bizman s slay.....»»

Category: newsSource:  sunstarRelated NewsApr 19th, 2024

DOLE eyes better relations with private sector to increase quality jobs

DOLE eyes better relations with private sector to increase quality jobs.....»»

Category: newsSource:  sunstarRelated NewsApr 14th, 2024

Bacolod eyes on acquiring mobile command center

Bacolod eyes on acquiring mobile command center.....»»

Category: newsSource:  sunstarRelated NewsApr 13th, 2024

Bacolod eyes construction of 4 primary care facilities

Bacolod eyes construction of 4 primary care facilities.....»»

Category: newsSource:  sunstarRelated NewsMar 23rd, 2024