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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

Financial system resources up 9 percent in January

The total resources of the country’s financial system continued to breach the P30-trillion level, rising by almost nine percent as of end-January, preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed......»»

Category: newsSource:  philstarRelated NewsMar 15th, 2024

Philippine exports breach $100 billion mark in 2023

Total Philippine exports breached the $100-billion level for the first time last year, but fell short of the government and private sector’s target......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

P4.57 trillion in agency budget released

Nearly 80 percent of the record P5.768 trillion budget for the year has been released as the government ramps up implementation of various programs......»»

Category: financeSource:  philstarRelated NewsMar 8th, 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

Tax revenues jump to P3.4 trillion

The country’s tax revenues rose by five percent to hit P3.38 trillion as the government ramped up its tax administration and digitalization program......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

Infrastructure spending hits lowest level in November

Government spending for infrastructure dropped to a year-low in November last year even after state agencies were ordered to catch up on their expenses to boost economic growth......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024

Government sets P585 billion borrowings in Q2

The government is set to borrow P585 billion from the domestic market in the second quarter amid hopes of more favorable interest rates here and abroad......»»

Category: financeSource:  philstarRelated NewsMar 25th, 2024

Mark may ibinuking kay Lolit Solis; never pumatol sa beki para magkapera

“YUNG utang ko kay Nanay Lolit (Solis), lumang balance na ‘yun. Hindi ‘yun recently lang. Saka nabayaran ko na ‘yun. Ha-hahaha!” Ito ang natatawang kuwento ni Mark Herras sa one-on-one interview niya kay Ogie Diaz na mapapanood na sa YouTube channel nito kagabi. Natanong ng content creator ang tungkol sa viral issue noon ni Mark.....»»

Category: newsSource:  inquirerRelated NewsApr 3rd, 2024

Dingdong super flex sa regalo ni Mark Padernal: ‘Hanepski na gift!’

IBINANDERA at ipinagmalaki ni Dingdong Dantes ang natanggap na regalo mula sa kilalang visual artist na si Mark Padernal. Makikita sa Instagram account ng Kapuso Primetime King ang painting na ibinigay sa kanya ni Mark na naging kaibigan niya simula pa noong nasa grade school sila. Ipininta ng visual artist ang portrait ni Dingdong kasama.....»»

Category: newsSource:  inquirerRelated NewsFeb 27th, 2024

Mark Bautista gusto nang magkapamilya, open magkadyowa ng babae

INAMIN ng singer-actor na si Mark Bautista na nasa punto na siya ng kanyang buhay na nais na niyang magkaroon ng sariling pamilya. Sa kanyang panayam kay Karen Davila na mapapanood sa YouTube channel ng huli ay napag-usapan nila kung kumusta na nga ba buhay ng singer. Pag-amin ni Mark, sa edad niyang 40 ay.....»»

Category: newsSource:  inquirerRelated NewsFeb 9th, 2024

SSS targets 20% profit hike to P100 billion

State-run pension fund Social Security System is expecting at least a 20-percent hike in its bottomline to breach the P100-billion mark this year on increased investment returns and enhanced collection efforts......»»

Category: financeSource:  philstarRelated NewsApr 5th, 2024

Philippines financial sector expands by 8 percent in February

The total resources of banks and non-bank financial institutions rose by 7.9 percent to P30.87 trillion as of end-February from P28.58 trillion in the same period a year ago, based on preliminary data from the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsApr 16th, 2024

The trillion-dollar club

Could we really join the trillion-dollar club, along with the big boys, including Canada or Italy or Brazil?.....»»

Category: newsSource:  philstarRelated NewsMar 21st, 2024

Philippines has potential to grow into $2 trillion economy – WEF

The Philippines can potentially expand to a $2-trillion economy over the next decade if investments in key sectors will be sustained, particularly in education and human development, according to a top official of the World Economic Forum......»»

Category: financeSource:  philstarRelated NewsMar 20th, 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

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......»»

Category: newsSource:  philstarRelated NewsMar 1st, 2024

Bank assets up 8% to P31 trillion in 2023

The total resources of the country’s financial system went up by eight percent to hit P31 trillion in 2023, the Bangko Sentral ng Pilipinas said......»»

Category: financeSource:  philstarRelated NewsFeb 15th, 2024

P3.3 trillion in agency budget released

A total of P3.3 trillion has been released to state agencies to implement priority programs and address the problem of underspending, according to the Department of Budget and Management......»»

Category: financeSource:  philstarRelated NewsFeb 7th, 2024

InstaPay money transfers swell to P5 trillion

Real-time fund transfers via InstaPay jumped by 45 percent to P5 trillion last year as volume surged by 56 percent to 838.56 million, BancNet said......»»

Category: financeSource:  philstarRelated NewsFeb 5th, 2024