Gov’t debt slightly drops to P14.93T
The national government’s total debt dropped to P14.93 trillion as of the end of March, down 1.67 percent from the previous month’s P15.12 trillion. This was because more money was repaid for domestic government loans than was borrowed. The Bureau of Treasury reported that 31.14 percent of the debt is from outside the country, while.....»»
PH headline inflation slightly up to 3.4% in February 2024
PH headline inflation slightly up to 3.4% in February 2024.....»»
Philippines slightly upgrades GDP growth to 6 pct in Q3
MANILA, Jan. 30 (Xinhua) -- The Philippine Statistics Authority (PSA) on Tuesday slightly upgraded year-on-year growth of gross domestic product (GDP) for the third quarter of 2023 to 6 percent from preliminary estimate of 5.9 percent. "The major contributors to the upward revision were manufacturing, from 1.7 percent to 1.8 percent; financial and insurance activities, from 9.5 percent to 9.6 percent; and accomm.....»»
Meralco power rates slightly up this month
Rates of Manila Electric Co. are up slightly at the start of 2024......»»
Debt-to-GDP ratio remains above int’l threshold at 60.2%
The country’s outstanding debt as a share to the overall economy slightly eased in the first quarter, but remained above the internationally accepted threshold, with the government urged to be on a serious lookout for more revenue sources......»»
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......»»
Filipino artist drops new single dedicated to TWICE
Filipino artist drops new single dedicated to TWICE.....»»
MCWD water production drops further
MCWD water production drops further.....»»
PDP drops ‘Laban’ from name
PDP drops ‘Laban’ from name.....»»
New anti-popstar IIICCCYYY drops debut single ‘Habit’
New anti-popstar IIICCCYYY drops debut single ‘Habit’.....»»
New anti-popstar IIICCCYYY drops debut single ‘Habit’
New anti-popstar IIICCCYYY drops debut single ‘Habit’.....»»
New anti-popstar IIICCCYYY drops debut single ‘Habit’
New anti-popstar IIICCCYYY drops debut single ‘Habit’.....»»
DMCI Holdings net income down 20% to P24.9B as revenue drops
DMCI Holdings net income down 20% to P24.9B as revenue drops.....»»
Central Visayas inflation drops to 2.5%
Central Visayas inflation drops to 2.5%.....»»
Prince Harry drops libel case against Daily Mail after damaging pretrial ruling
Prince Harry drops libel case against Daily Mail after damaging pretrial ruling.....»»
Government debt payments down 21.1 percent in April
The government trimmed its debt service by 21.1 percent in April amid the decline in payments for the loan principal borrowed by the state......»»
PNB eyes $300 million in return to offshore debt market
Lucio Tan-led Philippine National Bank is looking to return to the offshore debt market this year to raise at least $300 million from the issuance of dollar bonds......»»
Philippines debt declines to P14.9 trillion in March
The country’s outstanding debt declined by nearly two percent to P14.93 trillion as of end-March from a record P15.18 trillion a month ago as the government settled its obligations to both local and foreign lenders, according to the Bureau of the Treasury......»»
In Asia Pacific, rise in public debt is hurting women’s access to social services
Regular check ups, particularly those related to reproductive health, are not covered by the free services provided by village health centers, as per the Philippine law on universal health care. Fabella wishes that the government can allocate more funds for the basic services but this has not improved over the years. The post In Asia Pacific, rise in public debt is hurting women’s access to social services appeared first on Bulatlat......»»
Debt payment rises threefold in January
The government jacked up its debt service by more than threefold to P159 billion in January as payments for interest and amortization both increased......»»
E-notice provision, other amendments to SARFAESI, DRTA in pipeline to streamline debt recovery
By Vishu AdhanaNew Delhi [India], March 19 (ANI): The Ministry of Finance has constituted a committee to determine further amendments to the SARFAESI and DRT Acts, including providing legal cover to e-notice for expeditious debt recovery, sources in the ministry said. The committee held several meetings and discussions are in the "advanced stage," sources told ANI. Last month, the finance ministry held extensive discussio.....»»