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BPI raises $400 million from offshore debt market

Bank of the Philippine Islands has raised $400 million after successfully tapping into the offshore debt market for the first time since 2019......»»

Category: financeSource:  philstarRelated NewsMar 20th, 2024

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

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

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

Tumalog Falls gisirad-an

Tumalog Falls gisirad-an.....»»

Category: newsSource:  sunstarRelated NewsMar 20th, 2024

Negros Oriental’s most wanted falls at NAIA

Negros Oriental’s most wanted falls at NAIA.....»»

Category: newsSource:  sunstarRelated NewsFeb 9th, 2024

Korean national falls to death from hotel in Barangay Mactan

Korean national falls to death from hotel in Barangay Mactan.....»»

Category: newsSource:  sunstarRelated NewsJan 27th, 2024

Teachers oppose 100 percent foreign ownership of schools

Teachers and other education personnel have expressed their opposition to opening up the country’s schools to 100 percent foreign ownership under the proposed Resolution of Both Houses No. 7 currently under deliberations in Congress......»»

Category: newsSource:  philstarRelated NewsMar 9th, 2024

Avani 10th as Chinese Taipei s Chun-Wei wins Women s Amateur Asia-Pacific

Pattaya [Thailand], February 4 (ANI): Avani Prashanth, India's only player in the world's Top-50 finished tied for tenth place as the Women's Amateur Asia-Pacific (WAAP) championship came to an end. She carded 1-under 71, her four successive under par round. Put alongside 68-69-71 she totalled 9-under 279. India's other player to make the cut, Saanvi Somu (73) finished tied 48th in her debut appearance at the event, where.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 5th, 2024

Avani 10th as Chinese Taipei s Chun-Wei wins Women s Amateur Asia-Pacific

Pattaya [Thailand], February 4 (ANI): Avani Prashanth, India's only player in the world's Top-50 finished tied for tenth place as the Women's Amateur Asia-Pacific (WAAP) championship came to an end. She carded 1-under 71, her four successive under par round. Put alongside 68-69-71 she totalled 9-under 279. India's other player to make the cut, Saanvi Somu (73) finished tied 48th in her debut appearance at the event, where.....»»

Category: newsSource:  manilanewsRelated NewsFeb 4th, 2024

DENR, Masungi 2017 MOA voiding ‘untenable’ — Masungi Foundation

In the statement of the Masungi Georeserve Foundation, it said that the contract between the foundation and the DENR was entered under the e-NIPAS act “to enter into agreements with non-state actors in pursuit of conservation.”.....»»

Category: newsSource:  philstarRelated NewsApr 3rd, 2024