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Government debt payments rise to record P1.6 trillion

The country’s debt service registered a record P1.6 trillion last year, exceeding the program, as the government aggressively moved to cut mounting obligations......»»

Category: financeSource:  philstarRelated NewsMar 11th, 2024

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

Metrobank eyes return to offshore debt market

Metropolitan Bank & Trust Co. is returning to the offshore debt market to raise at least $500 million to diversify the bank’s funding sources and support its operations......»»

Category: financeSource:  philstarRelated NewsFeb 27th, 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

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

Liza Soberano pairs P2M jewelry with black Anthony Ramirez dress to Vietnam film fest

Newly-minted Hollywood Filipino actress Liza Soberano was a stunning revelation at the inaugural Ho Chi Minh City International Film Festival in Vietnam last week......»»

Category: entertainmentSource:  philstarRelated NewsApr 16th, 2024

Diamonds for everyone

Can Karat World truly make fine jewelry accessible?.....»»

Category: newsSource:  philstarRelated NewsFeb 8th, 2024

‘Nag-ROI na s’ya’: Heart Evangelista jokes about P15M Bulgari jewelry; shares birthday wish

Heart told Philstar.com that her gown is by Italian fashion label Pollini, complemented by her two interlocking Bulgari Serpenti Viper necklaces in white and yellow gold......»»

Category: entertainmentSource:  philstarRelated NewsFeb 6th, 2024

Rozenstruik forces Graziev to quit in UFC Fight Night

In a heavyweight battle of heavyweight in the main event of UFC Fight Night last Sunday, March 3, at the Apex in Las Vegas, No. 12-ranked heavyweight Jairzinho Rozenstruik claimed a huge win over Shamil Graziev......»»

Category: sportsSource:  philstarRelated NewsMar 5th, 2024

Saso blows Match Play quarters bid in playoff

Moriya Jutanugarn drilled in a bending 16-foot birdie putt on the third playoff hole to edge out Brooke Henderson and Yuka Saso for the eighth and last berth in the T-Mobile Match Play at Shadow Creek in Las Vegas, Nevada Friday (Saturday Manila time)......»»

Category: newsSource:  philstarRelated NewsApr 6th, 2024

Saso blows Match Play quarters bid in playoff

Moriya Jutanugarn drilled in a bending 16-foot birdie putt on the third playoff hole to edge out Brooke Henderson and Yuka Saso for the eighth and last berth in the T-Mobile Match Play at Shadow Creek in Las Vegas, Nevada Friday (Saturday Manila time)......»»

Category: newsSource:  philstarRelated NewsApr 6th, 2024