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Gov’t debt stock rose to P14.79 trillion as of Jan

MANILA, Philippines — The government’s outstanding debt rose in January due to a weak peso and after the Marcos administration borrowed more from local creditors than what it paid for its maturing liabilities, the Bureau of the Treasury (BTr) reported Friday. Data showed state obligations increased 1.9 percent month-on-month to P14.79 trillion as of January. ALSO READ:.....»»

Category: newsSource:  inquirerRelated NewsMar 2nd, 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

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

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

Recto: No new tax on junk food, sweetened drinks

Finance Secretary Ralph Recto is not inclined to impose additional consumption-based taxes such as on junk food and sweetened beverages as these measures can be inflationary, while the debt level remains manageable and does not warrant extra burden on Filipinos......»»

Category: newsSource:  philstarRelated NewsJan 24th, 2024

T-bond rates up slightly

The government borrowed P30 billion from the domestic debt market at a slightly higher rates ahead of the policy decision of the US Federal Reserve......»»

Category: financeSource:  philstarRelated NewsJan 30th, 2024

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......»»

Category: financeSource:  philstarRelated NewsJan 17th, 2024

Oliver crush na crush si Kim, wish makatrabaho sina Piolo at Kathryn

IPINAKILALA na sa media/vloggers ang hottie lawyer ng Cebu na si Oliver Moeller bilang talent ng Cornerstone Entertainment headed by Erickson Raymundo at Jeff Vadillo. Unang exposure ni Oliver sa “It’s Showtime” at kaya siya sumali pala sa “Expecially For You” segment ay dahil crush niya si Kim Chiu kaya tinutukso na agad siya sa.....»»

Category: newsSource:  inquirerRelated NewsApr 26th, 2024

PAGASA warns of dangerous heat index in 11 areas on Black Saturday

PAGASA warned of heat indexes reaching "danger levels" in almost a dozen areas in the Philippines on Black Saturday, with continued exposure possibly causing heat cramps, heat exhaustion or heat stroke......»»

Category: newsSource:  philstarRelated NewsMar 30th, 2024

Razon unit strengthens exposure in water infrastructure

The Razon Group’s joint venture with a privately owned Australian construction company plans to beef up its presence in the water infrastructure space to support its growth in the coming years......»»

Category: financeSource:  philstarRelated NewsMar 15th, 2024

‘Social media partly to blame for teenage pregnancies’

Too much social media exposure is partly to blame for the alarming rise in teenage pregnancies in the country, the Commission on Population said yesterday......»»

Category: newsSource:  philstarRelated NewsMar 13th, 2024

Japanese firm to double stake in REDC

Japanese conglomerate Tokai Corp. will double its equity exposure in Repower Energy Development Corp., a subsidiary of Pure Energy Holdings Corp......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

Bong hindi na keri ang butt exposure sa pelikula; CC6 tuloy ang pagtulong

BUKOD sa pinaplanong entry para sa Metro Manila Film Festival 2024, inaabangan na rin ng fans ang reunion movie nina Sen. Bong Revilla at Sharon Cuneta. Wala pang maibigay na mga detalye ang actor-public servant tungkol sa naturang proyekto pero wishing and hoping siya sa muling pagtatambal nila sa big screen ng nag-iisang Megastar. Pero.....»»

Category: newsSource:  inquirerRelated NewsFeb 13th, 2024