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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

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

Daily Gospel, April 2

This is the Daily Gospel for today, April 02, 2024, which is Tuesday of Easter Week. READ MORE: Daily Gospel, April 1 Daily Gospel, March 30 Holy Gospel of Jesus Christ according to Saint John 20, 11-18. Mary Magdalene stayed outside the tomb weeping. And as she wept, she bent over into the tomb and.....»»

Category: newsSource:  inquirerRelated NewsApr 2nd, 2024

Cebu Pacific profit soars

Low-cost carrier Cebu Pacific reached a cruising altitude in the first quarter of the year, doubling its profit to more than P2 billion due to the holiday boom for air travel......»»

Category: financeSource:  philstarRelated News6 hr. 34 min. ago

Index soars on easing Mid East tensions

Positive cues from the US markets and easing tensions in the Middle East provided a much needed boost to the stock market yesterday, extending gains to a sixth straight session......»»

Category: financeSource:  philstarRelated NewsApr 30th, 2024

Labor group pushes for worker protections as heat soars

National labor center Kilusang Mayo Uno (KMU) stressed on Sunday that extreme heat is a “health and safety hazard that must be met with responsive measures.” .....»»

Category: newsSource:  philstarRelated NewsApr 7th, 2024

JG Summit core profit soars in 2023

Core earnings of conglomerate JG Summit Holdings Inc. soared in 2023 following a significant turnaround in its airline business, with Cebu Pacific returning to full-year profit for the first time since the pandemic......»»

Category: newsSource:  philstarRelated NewsMar 26th, 2024

Intuitive Surgical Stock Surges After FDA Clearance for Next-Gen Robotic Surgery

Intuitive Surgical (ISRG) Soars After FDA Clearance for da Vinci 5 Robotic Surgery System In a groundbreaking development, Intuitive Surgical’s stock saw a significant increase.....»»

Category: newsSource:  thedailyguardianRelated NewsMar 15th, 2024

San Miguel income soars to P44.7 billion in 2023

Diversified conglomerate San Miguel Corp. expects to sustain its growth momentum this year after earnings soared in 2023 on the back of significant volume growth across its key businesses......»»

Category: financeSource:  philstarRelated NewsMar 15th, 2024

UM soars to 19th in 2024 EduRank

THE University of Mindanao (UM) has climbed to the 19th spot in the 2024 EduRank list of the top 100 universities in the Philippines, six places higher than its previous ranking in 2023, according to EduRank, an independent metric-based website......»»

Category: newsSource:  sunstarRelated NewsMar 13th, 2024

Powerball jackpot soars to a whopping $532M

The Powerball jackpot continues to climb, reaching an estimated $532 million after no tickets matched the winning numbers in the latest drawing on Saturday night......»»

Category: newsSource:  thedailyguardianRelated NewsMar 10th, 2024

SSS net income soars to all-time high of P83B in 2023

MANILA,  Philippines  —The Social Security System (SSS) posted a net income of P83.13 billion in 2023, exceeding by 62.8 percent its target  of P51.06 billion for the year and the highest attained so far by the state pension fund. Based on its unaudited financial statement, the SSS said the 2023 bottom line market a big jump.....»»

Category: newsSource:  inquirerRelated NewsFeb 25th, 2024

Obiena soars to glory anew

Paris Olympics-bound Filipino pole-vaulter EJ Obiena added another record-breaking effort as he shattered the 26-year-old Asian indoor mark in a golden performance in the ISTAF Indoor in Berlin, Germany Friday......»»

Category: newsSource:  philstarRelated NewsFeb 25th, 2024

Obiena soars to another gold, rules Berlin tilt

Another golden victory for the golden boy......»»

Category: sportsSource:  philstarRelated NewsFeb 24th, 2024