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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......»»
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.....»»
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.....»»
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......»»
PH debt rose to P14.62 trillion in 2023
PH debt rose to P14.62 trillion in 2023.....»»
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......»»
2 Best Ways to Save Up for Something
Sometimes, you find yourself unable to afford something you desire. While resorting to debt might seem convenient, it’s far from ideal. Saving money is a superior alternative, albeit challenging. Often, the struggle lies in maintaining savings, as funds intended for one purpose end up diverted elsewhere. We’re all familiar with the difficulty of saving money. […].....»»
ERC suspends reserve market settlement
The Energy Regulatory Commission has ordered the Philippine Electricity Market Corp. and the Independent Electricity Market Operator of the Philippines Inc. to suspend settlement amounts in the reserve market......»»
List or sell? PLDT weighs options on data centers
Telco-to-tech provider PLDT Inc. is open to the possibility of listing a real estate investment trust in the Philippine Stock Exchange, eyeing to raise fresh capital from its data center business for debt payments......»»
Metrobank looking to raise $0.5-B in USD debt offering
Metrobank announced that it has selected Bank of America Securities and UBS as joint global coordinators to run a process to sell up to $500 million in dollar-denominated senior unsecured notes, “with option to upsize”......»»
Nueva Ecija provincial government told to return P96.8 million unused funds
The provincial government of Nueva Ecija has been asked to return P96.81 million in unutilized funds it received from various government agencies......»»
Sara Duterte asks SC to dismiss pleadings vs confidential funds
Vice President Sara Duterte asked the Supreme Court to dismiss the petitions assailing the constitutionality of the P125 million confidential and intelligence funds of the Office of the Vice President for 2022......»»
Sara Duterte urges SC to junk petitions vs confidential funds
Sara Duterte urges SC to junk petitions vs confidential funds.....»»
US approves funds for modernization of Philippine power sector
The United States Trade and Development Agency has approved the release of funds that will support efforts for the modernization and buildout of electricity transmission and distribution networks in the Philippines......»»
Recto wants pension funds to buy government stake in SCTEX
Finance Secretary Ralph Recto wants the two pension funds to buy the government’s share in toll roads to ensure that the state will not be at a loss......»»
Solo parent subsidy depends on availability of LGU funds
A REPRESENTATIVE from the Department of Social Welfare and Development-Davao Region (DSWD-Davao) said the P1,000 monthly cash subsidy for solo parents will depend on the availability of funds of the local government unit (LGU) where they reside......»»
Group demands accounting of Cebu City COVID-19 funds
CEBU CITY, Philippines—A coalition is demanding transparency and accountability for the budget allocated for the coronavirus disease (COVID-19) pandemic response here. The Freedom Debt Coalition composed of various cause-oriented groups in the city said there is a need to show the public a transparent liquidation of the P3.5 billion funds for the pandemic response since […].....»»
‘DOH has P40 billion excess funds that can fund senior health care’
As the House of Representatives tries to find ways to improve the measly allocation for the health care of senior citizens, it turns out that the Department of Health has “excess funds” to support such a program......»»
DBM: P1.95 billion calamity funds released in February
Up to P1.95 billion in calamity funds was released last month to finance various disaster relief operations......»»
Marcos approves release of P9.7 billion unprogrammed funds for DPWH projects
President Marcos has approved the release of P9.7 billion from the unprogrammed funds for public works and road repair whose original budget was slashed and included in the P60 billion in last-minute insertions in the 2024 national budget by some members of the House of Representatives......»»