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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......»»
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......»»
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......»»
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......»»
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.....»»
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......»»
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......»»
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......»»
Rights group highlights PH gov’t failure in stopping drug-related killings
Continuing killings, repression, and the prevailing impunity in the Philippines are among the key findings reported by human rights group Amnesty International (AI)-Philippines. The post Rights group highlights PH gov’t failure in stopping drug-related killings appeared first on Bulatlat......»»
DENR leads Earth Day cleanup at gov t center
DENR leads Earth Day cleanup at gov t center.....»»
‘P20 per kilo of rice possible if gov’t aggressive in subsidizing farmers’
‘P20 per kilo of rice possible if gov’t aggressive in subsidizing farmers’.....»»
Solo parents receive assistance from gov t
Solo parents receive assistance from gov t.....»»
Esmi ng ex-gov’t exec inalila mall staff
Mistulang ginawang kasambahay ng asawa ng dating government official ang isang staff ng department store nang mag-shopping ito ng kanyang mga gamit. The post Esmi ng ex-gov’t exec inalila mall staff first appeared on Abante......»»
Bersamin tinukuran suspensiyon vs Davao del Norte gov
Itinanggi ni Executive Secretary Lucas Bersamin na hindi binigyan ng due process si Davao del Norte Governor Edwin Jubahib bago ito pinatawan ng suspensiyon. The post Bersamin tinukuran suspensiyon vs Davao del Norte gov first appeared on Abante......»»
Marcos bans gov’t officials from using sirens, blinkers
Marcos bans gov’t officials from using sirens, blinkers.....»»
Davao del Norte gov sinuspinde ng Palasyo
Sinuspinde ng Office of the President si Davao del Norte Gov. Edwin Jubahib dahil sa reklamo ng grave abuse of authority at oppression. The post Davao del Norte gov sinuspinde ng Palasyo first appeared on Abante......»»