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Debt payments decline to P294 billion in February
The Marcos administration reduced its debt service to P294 billion in February amid the decline in the payment for the loan principal borrowed by the government......»»
Metrobank raises record $1 billion from international bond market
Metropolitan Bank & Trust Co. has raised $1 billion as investors gobbled up its dual tranche offering of five and 10-year dollar-denominated notes as part of its return to the offshore debt market......»»
Government borrows P30 billion from T-bonds
The government secured P30 billion from the local debt market via the fresh issuance of long-term securities, with the coupon rate set slightly higher than secondary markets......»»
Argentina permitted to tap IMF bailout
The Latin American country is heading towards 200% inflation amid the worst economic crisis in decades The International monetary Fund (IMF) has agreed to unlock $4.7 billion for Argentina as part of a debt restructuring plan even though the country missed targets related to its $43 billion loan program, the fund anno.....»»
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......»»
Government raises P30 billion from T-bond sale
The government secured P30 billion from the local debt market through the fresh issuance of long-term securities with the coupon rate set above secondary markets......»»
T-bill rates climb ahead of BSP meet
The government upsized its sale of short-term securities yesterday to P17 billion, even after rates picked up ahead of the policy decision of the Bangko Sentral ng Pilipinas this week......»»
MacroAsia FY23 profit: P1.1-B (up 132%)
MacroAsia posted an FY23 net income of P1.07 billion, up 132% from its FY22 net income of P0.46 billion, lifted by a 74% increase in in-flight catering revenues to P3.98 billion and a 53% increase in ground handling and aviation services to P3.14 billion......»»
MacroAsia FY23 profit: P1.1-B (up 132%)
MacroAsia posted an FY23 net income of P1.07 billion, up 132% from its FY22 net income of P0.46 billion, lifted by a 74% increase in in-flight catering revenues to P3.98 billion and a 53% increase in ground handling and aviation services to P3.14 billion......»»
Filinvest cleared to sell P10 billion fixed bonds
Gotianun-led Filinvest Development Corp. received yesterday its permit to sell up to P10 billion in fixed bonds consisting of a base offer of P7 billion and an oversubscription option of P3 billion......»»
Philippine remittances rise by 2.9 pct in November
MANILA, Jan. 15 (Xinhua) -- Personal remittances from overseas Filipinos reached 3 billion U.S. dollars in November 2023, 2.9 percent higher than the 2.9 billion dollars recorded in November 2022, the Philippine central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the cumulative personal remittances grew by 2.9 percent to 33.6 billion dollars in the first 11 months of 2023 from 32.6 billion dolla.....»»
Philippine remittances rise by 2.9 pct in November
MANILA, Jan. 15 (Xinhua) -- Personal remittances from overseas Filipinos reached 3 billion U.S. dollars in November 2023, 2.9 percent higher than the 2.9 billion dollars recorded in November 2022, the Philippine central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the cumulative personal remittances grew by 2.9 percent to 33.6 billion dollars in the first 11 months of 2023 from 32.6 billion dolla.....»»
T-bills upsized to P17 billion on lower rates
The government upsized its short-term securities to P17 billion as rates slipped across the board ahead of the inflation data release later this week......»»
Marcos Partido Federal teams up with Romualdez s Lakas-CMD ahead of 2025 polls
President Ferdinand Marcos Jr.'s political party on Wednesday inked a formal alliance with the country's dominant party, laying the groundwork for the launch of his administration's senatorial slate ahead of 2025 midterm elections. .....»»
Chinese military drone spotted flying close to the Philippines ahead of BrahMos delivery from India
Manila [Philippines], April 20 (ANI): A WZ-7 Soaring Dragon drone of the Chinese People's Liberation Army was spotted flying in close proximity to the Philippines, ahead of preparations by the Southeast Asian country to receive the delivery of Indian BrahMos supersonic cruise missiles, The Eurasian Times reported. According to the report, the distinctive joined-wing shape of the WZ-7 drone caught the attention of Raffy Ti.....»»
PAGASA warns: Hotter days ahead in May
Prepare for hotter days and nights ahead, surpassing the already scorching heat as temperatures could reach over 40 degrees Celsius in the coming weeks......»»
Easterlies persist nationwide bringing hotter days ahead — Pagasa
MANILA, Philippines — The easterlies or warm winds blowing from the Pacific Ocean continue to dominate nationwide bringing hotter temperaturs in the days ahead. That is according to the state weather bureau. Even if there would be a possibility of isolated rain showers and thunderstorms in Eastern Visayas and Mindanao, hot and humid weather would.....»»
Adrian Lindayag opens up on HIV-positive diagnosis ahead of theater return
Actor Adrian Lindayag bared how testing positive for HIV set him on a path of bravery and fighting the stigma against the disease ahead of his return to the stage......»»
Employers urged to comply with holiday pay rules ahead of Araw ng Kagitingan, Eid’l Fitr
The attached agency of the Department of Labor and Employment sent a reminder to employers about holiday pay regulations ahead of the upcoming Araw ng Kagitingan and Eid'l Fitr......»»
Market slips ahead of US Fed meeting
Share prices pulled back yesterday as investors treaded with caution ahead of the policy meeting of the US Federal Reserve......»»