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Moody’s outlook: Philippine banks remain on stable footing

Moody’s Investors Service has maintained a stable outlook for Philippine banks as interest rate cuts from the Bangko Sentral ng Pilipinas this year are seen to support economic recovery......»»

Category: financeSource:  philstarRelated NewsMar 7th, 2024

Lacson optimistic with NegOcc economy after ‘stable internal peace’ declaration

Lacson optimistic with NegOcc economy after ‘stable internal peace’ declaration.....»»

Category: newsSource:  sunstarRelated NewsMar 6th, 2024

PH highlights need for stable environment for e-commerce

PH highlights need for stable environment for e-commerce.....»»

Category: newsSource:  sunstarRelated NewsMar 1st, 2024

Cebu’s Jimenez beats Brillo, wrests GAB Youth minimumweight belt

CEBU CITY, Philippines — Cebu’s John Kevin Jimenez of the Chao Sy Boxing Stable staged a huge upset after beating MP Boxing Stable’s prospect Jayson Brillo in the main event of the “Manny Pacquiao Presents Blow-by-Blow” fight card at the City of Passi Arena in Iloilo on February 9.  He defeated the heavily favored Brillo.....»»

Category: newsSource:  inquirerRelated NewsFeb 11th, 2024

Philippines expects stable rice price in first half of 2024

MANILA, Feb. 8 (Xinhua) -- The rice supply in the Philippines is sufficient through the first half of this year, ensuring the stable price of the country's main food staple, an agriculture official said on Thursday. Philippine Agriculture Secretary Francisco Tiu Laurel said rice prices may stay elevated through September this year due to concerns over El Nino's impact on global rice supply and heightened demand.....»»

Category: newsSource:  manilanewsRelated NewsFeb 9th, 2024

Philippines expects stable rice price in first half of 2024

MANILA, Feb. 8 (Xinhua) -- The rice supply in the Philippines is sufficient through the first half of this year, ensuring the stable price of the country's main food staple, an agriculture official said on Thursday. Philippine Agriculture Secretary Francisco Tiu Laurel said rice prices may stay elevated through September this year due to concerns over El Nino's impact on global rice supply and heightened demand.....»»

Category: sportsSource:  abscbnRelated NewsFeb 9th, 2024

DOE official: Grid system in Panay Island stable

DOE official: Grid system in Panay Island stable.....»»

Category: newsSource:  sunstarRelated NewsJan 22nd, 2024

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.....»»

Category: newsSource:  manilanewsRelated NewsMar 21st, 2024

BPI raises $400 million from offshore debt market

Bank of the Philippine Islands has raised $400 million after successfully tapping into the offshore debt market for the first time since 2019......»»

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

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......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 27th, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 25th, 2024

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.....»»

Category: newsSource:  sunstarRelated NewsFeb 22nd, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 9th, 2024

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.....»»

Category: newsSource:  inquirerRelated NewsFeb 6th, 2024

PH debt rose to P14.62 trillion in 2023

PH debt rose to P14.62 trillion in 2023.....»»

Category: sportsSource:  abscbnRelated NewsFeb 2nd, 2024

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......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024

Rick Pitino criticizes fraudulent March Madness metrics with St. Johns not as close as believed – The Daily Guardia

St. John’s Basketball Team Left Out of NCAA Tournament Despite Strong Season In a surprising turn of events, the St. John’s basketball team was left.....»»

Category: newsSource:  thedailyguardianRelated NewsMar 18th, 2024