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Government hikes borrowings to P2.57 trillion for this year
The Philippines raised its 2024 borrowing program by four percent to P2.57 trillion, which could make fiscal consolidation more challenging for the government......»»
BSP to be more cautious on lowering rates – S& P
The Bangko Sentral ng Pilipinas, along with other emerging market central banks, would be more cautious about cutting borrowing costs this year amid external risks, according to S&P Global Ratings......»»
Approved construction permits down by 5.5 percent in February
Approved building permits declined 5.5 percent in February from a year ago as fewer residential projects were started amid high borrowing costs......»»
Banking 101: Unmasking Financial Lingo
Hey friends, ever get stuck in a conversation where financial terms sound like a different language? Don’t worry, we’ve got your back! Let’s break down some everyday bank talk in a way that won’t leave you scratching your head. Interest Rates First off, “Interest Rates” – it’s the cost of borrowing money or the high-five […].....»»
High rates dampen credit growth in 2023
he expansion of credit in the country slowed last year as the still elevated cost of borrowing dampened demand, the Bangko Sentral ng Pilipinas said......»»
Government eyes P30 billion from 30th RTB issue
The government is borrowing at least P30 billion from small creditors as the Marcos administration sets its third offering of retail Treasury bonds (RTBs) to expand state coffers and finance various projects......»»
From ‘Ekstra’ to ‘Expats’: How Ruby Ruiz bagged the role of a lifetime
From borrowing a costume to use in the independent film “Ekstra” opposite Vilma Santos to having her own costume designer in the big-budget Hollywood production “Expats” opposite Nicole Kidman, Ruby Ruiz is living the dream......»»
T-bill rates up across the board
The government has cut its two consecutive weeks of increased borrowing from local investors, returning within the regular program for short-term debts as rates went up across the board......»»
Lite Ferries Anniversary Run 2.0: Grander race set for July 28
CEBU CITY, Philippines– A bigger and better Lite Ferries Anniversary Run 2.0 will treat Cebuano running buffs with top-notch race and generous prizes on July 28, at the Pescadores Road in Cebu Business Park. The running event serves as the centerpiece activity of the Lite Shipping Corporation’s 33rd anniversary. To make it grander, two brand-new.....»»
Carlos scrambles from Korea tryouts to help Creamline notch crucial PVL semis win
Tots Carlos was back like she never left for the Creamline Cool Smashers after trying her hand at the Korean Volleyball (KOVO) Asian Quota Draft earlier this week, scoring 21 points in her team’s four-set victory over the Petro Gazz Angels at the 2024 PVL All-Filipino Conference semifinals on Thursday......»»
Lady Blazers notch 33rd straight win
The St. Benilde Lady Blazers’ magnificent streak lives on......»»
Perez, Tautuaa, Fajardo tow Beermen past Dyip
The San Miguel Beermen banked on huge performances from CJ Perez, Mo Tautuaa and June Mar Fajardo to notch their fifth straight win in the PBA Philippine Cup, escaping the Terrafirma Dyip, 113-110, Wednesday at the Ninoy Aquino Stadium in Manila......»»
Cepca’s monthly chess tilt unfolds on March 31
CEBU CITY, Philippines — Another round of top-notch woodpushing action will unfold on Sunday, March 31, as the Cebu Executives and Professionals Chess Association (CEPCA) opens its monthly chess tournament. Over 50 of its finest woodpushers will battle on the boards to earn the monthly title that will be their ticket to the grand finals.....»»
Batang Pier clamp down on Bolts, notch 3rd straight win
The pesky NorthPort Batang Pier staged a defensive masterclass and grinded their way to their third straight win at the expense of the Meralco Bolts, 90-85, in the PBA Philippine Cup at the Smart Araneta Coliseum on Sunday......»»
Lady Bulldogs notch second straight win
Slowly but surely......»»
Lady Bulldogs nip Lady Falcons for 2nd straight win
The National University Lady Bulldogs swept the Adamson Lady Falcons, 25-17, 25-20, 25-20, to notch back-to-back wins in the UAAP Season 86 women’s volleyball tourney Wednesday at the Smart Araneta Coliseum ......»»
Palarong Pambansa 2024: Malls, universities comprise most of sports venues
CEBU CITY, Philippines— Top-notch venues around Cebu City will be utilized for hosting the Palarong Pambansa 2024 from July 6 to 17. One of the key components that won Cebu City the bidding last year to host Palarong Pambansa is the availability and close proximity of its playing venues. In an earlier statement, Department of.....»»
Omega Sports Promotions aims to revive Cebu’s glory days in boxing
CEBU CITY, Philippines— Cebu’s very own Omega Boxing Gym eyes to bring back Cebu’s former glory in boxing. Once hailed as the ‘Boxing Mecca of the Philippines,’ Cebu was a prime venue for world title bouts and top-notch fight cards. However, the Covid-19 pandemic happened. Today, Cebu’s once vibrant boxing scene is slowly getting back.....»»
Kumbati 16: All set for Araneta, Magramo world title eliminator duel
CEBU CITY, Philippines—– Expect nothing but fireworks and a top-notch main event bout of the “Kumbati 16” after Omega Boxing Gym’s Christian “The Bomb” Araneta and Elorde Boxing Gym’s Arvin “Hurricane” Magramo passed the official weigh-in on Thursday, January 25, 2024, at the Axis Bar of the NUSTAR Resort and Casino. Magramo and Araneta both.....»»
Thirdy Ravena impresses anew as San-En keeps hot streak going
After falling one point short of a triple-double, Thirdy Ravena delivers once again to help the San-En NeoPhoenix notch their eighth straight win in the Japan B. League.....»»