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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: philstar philstarFeb 9th, 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

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

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

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

DepEd eyes aggressive return to June-March calendar to escape heat

The Department of Education is eyeing to shorten next year's school calendar by two months as part of its most aggressive proposal yet to return to a schedule that ends classes before the hot months of April and May......»»

Category: newsSource:  philstarRelated NewsApr 30th, 2024

Folayang says he’s not yet done, eyes ONE return

Eduard Folayang has a lot left in the tank before calling it a career, he underscored, as he expressed willingness to return to the ONE Championship cage later this year......»»

Category: sportsSource:  philstarRelated NewsMar 20th, 2024

Companies State it Takes More Than 6 Months to Fill Cybersecurity Positions

The latest Kaspersky survey found that 48% of companies require over half a year to find a qualified cybersecurity professional. A lack of proven experience was cited as one of the biggest challenges, along with the high cost of hiring and global competition in talent acquisition. With global labor markets continuing to clamor for InfoSec […].....»»

Category: newsSource:  metrocebuRelated NewsMar 27th, 2024

Higher rates force government to cut down T-bond award

The government barely raised half of its target long-term securities yesterday as rates picked up, allowing it to borrow only P11.5 billion from the debt market......»»

Category: financeSource:  philstarRelated NewsMay 14th, 2024

Foreign funds return strongly

After a prolonged absence, global investors are making a notable comeback in the Philippine markets......»»

Category: financeSource:  philstarRelated NewsJan 15th, 2024

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......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

RCBC raises $400 million from oversubscribed sustainability notes

Rizal Commercial Banking Corp. (RCBC) has raised $400 million from its return to the offshore debt market as investors swarmed its sustainability note issuance......»»

Category: financeSource:  philstarRelated NewsJan 12th, 2024

Lapu-Lapu City drowning: 5-year-old drowned by own half brother

LAPU-LAPU CITY, Cebu — A 5-year-old boy died after he was allegedly drowned by his own half-brother while they were swimming in the seawaters of Sitio Lawis, Brgy. Suba-Basbas in Lapu-Lapu City on Friday, May 10, 2024, at around 9 a.m., police said. Before drowning his stepbrother, the 14-year-old suspect allegedly hit the head of.....»»

Category: newsSource:  inquirerRelated NewsMay 11th, 2024

Prince is still Cebu’s half-marathon king

Prince is still Cebu’s half-marathon king.....»»

Category: newsSource:  thenewstodayRelated NewsApr 7th, 2024

Prince is still Cebu’s half-marathon king

Prince is still Cebu’s half-marathon king.....»»

Category: newsSource:  thenewstodayRelated NewsApr 7th, 2024

Prince is still Cebu’s half-marathon king

Prince is still Cebu’s half-marathon king.....»»

Category: newsSource:  thenewstodayRelated NewsApr 7th, 2024