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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.....»»
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......»»
A glance at government s windfall from SMC’s NAIA takeover
The winning bid of the San Miguel Corp.-led consortium for the Ninoy Aquino International Airport translates to a government revenue share of P911.1 billion over a 25-year period, significantly higher than the other bidders’ revenue share offer of between P342.1 billion and P416.9 billion over the same period......»»
Philippine government retains 6.5 to 7.5 pct GDP growth target for 2024
MANILA, Jan. 26 (Xinhua) -- National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan on Friday expressed optimism that the Philippine government will achieve a gross domestic product growth of 6.5 percent to 7.5 percent in 2024. "This growth will be supported by low and manageable inflation, a labor force with access to more and better jobs, a stronger fiscal position in the form of a lower.....»»
Philippine government retains 6.5 to 7.5 pct GDP growth target for 2024
MANILA, Jan. 26 (Xinhua) -- National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan on Friday expressed optimism that the Philippine government will achieve a gross domestic product growth of 6.5 percent to 7.5 percent in 2024. "This growth will be supported by low and manageable inflation, a labor force with access to more and better jobs, a stronger fiscal position in the form of a lower.....»»
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......»»
Government raises P30 billion from T-bond sale
The government secured P30 billion from the local debt market through the fresh issuance of long-term securities with the coupon rate set above secondary markets......»»
Philippine landslide death toll rises to 92, search for 36 continues
MANILA, Feb. 15 (Xinhua) -- The death toll from the Feb. 6 landslide that hit a mining town in Davao de Oro province in the southern Philippines has risen to 92, local authorities said Thursday. Provincial government of Davao de Oro said on social media that rescuers are still looking for 36 missing people. Leah Anora of the Department of Interior and Local government told a press conference at Maco, the.....»»
Philippine landslide death toll rises to 92, search for 36 continues
MANILA, Feb. 15 (Xinhua) -- The death toll from the Feb. 6 landslide that hit a mining town in Davao de Oro province in the southern Philippines has risen to 92, local authorities said Thursday. Provincial government of Davao de Oro said on social media that rescuers are still looking for 36 missing people. Leah Anora of the Department of Interior and Local government told a press conference at Maco, the.....»»
Philippine landslide death toll rises to 71, search for 47 continues
MANILA, Feb. 13 (Xinhua) -- The death toll from the Feb. 6 landslide that hit a mining town in Davao de Oro province in the southern Philippines has risen to 71, a government official said Tuesday. Leah Anora of the Department of the Interior and Local Government told a press conference at Maco, the municipality where the tragedy occurred, that rescuers are still looking for 47 missing people. Thirty-two.....»»
Philippine landslide death toll rises to 71, search for 47 continues
MANILA, Feb. 13 (Xinhua) -- The death toll from the Feb. 6 landslide that hit a mining town in Davao de Oro province in the southern Philippines has risen to 71, a government official said Tuesday. Leah Anora of the Department of the Interior and Local Government told a press conference at Maco, the municipality where the tragedy occurred, that rescuers are still looking for 47 missing people. Thirty-two.....»»
Remolona sees 5.9 percent GDP this year
The Philippine economy is likely to grow at a faster pace this year, but it would still be below the government’s goal of six to seven percent as rate hikes continue to constrict demand, Bangko Sentral ng Pilipinas Governor Eli Remolona Jr. said......»»