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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......»»

Category: newsSource:  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

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......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 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

Australia: An important and critical ally

The official visit of President Ferdinand Marcos Jr. to Canberra underscores the ever-important alliance between the Philippines and Australia – the only other country aside from the United States with whom we have a Visiting Forces Agreement......»»

Category: newsSource:  philstarRelated NewsMar 3rd, 2024

Paolo defends Sara, but gets criticized over their silence on WPS issue

Davao City Congressman Paolo Duterte's defense of her sister, Vice President Sara Duterte, for her silence on the recent tensions in the West Philippine Sea drew more criticisms instead......»»

Category: newsSource:  davaotodayRelated NewsMar 29th, 2024

Sara: Baste quit call made out of ‘brotherly love’

Vice President Sara Duterte said she has not spoken to her brother, Davao City Mayor Sebastian Duterte, about his call for President Marcos to resign, which she stressed was more out of “brotherly love” to protect her from the shabby treatment she has been receiving from people within the Palace inner circle......»»

Category: newsSource:  philstarRelated NewsJan 29th, 2024

Overtime pay, no admin tasks: Sara Duterte promises more benefits for teachers

(1st UPDATE) For two consecutive years, Vice President Sara Duterte puts a spotlight on teachers' welfare during her education report.....»»

Category: newsSource:  rapplerRelated NewsJan 25th, 2024

Akbayan to Sara: You don’t have to be president to speak vs China

MANILA, Philippines — Party-list group Akbayan said on Thursday that Vice President Sara Duterte does not have to be a president of the country for her to call out China’s intrusive actions over the West Philippine Sea (WPS). Empathy and a moral backbone is just what it takes to stand up with fisherfolk and frontline.....»»

Category: newsSource:  inquirerRelated NewsMar 28th, 2024

Japan recession: Scaled back spending helps push economy to where it is now

TOKYO — To grasp the dynamics that bumped Japan into recession and off its perch as the world’s third largest economy on Thursday, look no further than Risa Shinkawa’s dining habits. Unlike unionised workers at big manufacturers such as Toyota Motor, the 32-year-old aesthetician isn’t expecting a pay rise anytime soon. Rather, her salary has.....»»

Category: newsSource:  inquirerRelated NewsFeb 16th, 2024

Kiko Estrada ‘destined’ to be an action star, says director

‘I’m very focused. Like I said in past interviews, this project took a lot out of me in preparing for it... conditioning my everything to become this character who lost everything. Yes, I did and I can relate but not to the extremes that Norman dela Cruz had to go through.’.....»»

Category: entertainmentSource:  philstarRelated NewsApr 7th, 2024

Sarah Lahbati hindi naniniwala sa paghihiganti: I believe in karma!

“REVENGE” action-drama ang tema ng pinakabagong serye ng TV5, ang remake ng classic film na “Lumuhod Ka Sa Lupa” starring Sarah Lahbati and Kiko Estrada. Magsisimula na ito sa April 8 after “Eat Bulaga” kung saan makakasama rin sa cast sina Sid Lucero, Rhen Escaño, Gardo Versoza, Mark Anthony Fernandez, Andrew Muhlach, Phoebe Walker, Andre.....»»

Category: newsSource:  inquirerRelated NewsApr 7th, 2024

Sari-sari stores post P8 billion in sales in 2023

Small neighborhood variety (sari-sari) stores in the Philippines recorded sales of more than P8 billion in 2023, more than 21 percent higher than the previous year’s tally of P6.6 billion, according to a study conducted by analytics startup Packworks......»»

Category: financeSource:  philstarRelated NewsFeb 17th, 2024

PBBM, Sara approval ratings drop

PRESIDENT Ferdinand “Bongbong” Marcos Jr.’s and Vice-President Sara Duterte’s performance ratings decreased in March 2024, based on the survey results released by two various polling firms......»»

Category: sportsSource:  abscbnRelated NewsApr 8th, 2024

PBBM, Sara approval ratings drop

PRESIDENT Ferdinand “Bongbong” Marcos Jr.’s and Vice-President Sara Duterte’s performance ratings decreased in March 2024, based on the survey results released by two various polling firms......»»

Category: sportsSource:  abscbnRelated NewsApr 8th, 2024