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MPIC to pursue buyout of Ayala stake in LRT-1

Metro Pacific Investments Corp. plans to buy out the 35 percent stake of the Ayalas in the operator of Light Rail Transit Line 1 to beef up MPIC’s portfolio for its eventual bid for other railways......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

Provincial airports get P14 billion for upgrade

The Department of Transportation is allocating P14 billion this year for the development and upgrade of regional airports to support the recovery of domestic tourism......»»

Category: financeSource:  philstarRelated NewsFeb 7th, 2024

USAID spends P14 billion for PH health

USAID spends P14 billion for PH health.....»»

Category: newsSource:  sunstarRelated NewsFeb 4th, 2024

PhilHealth claims for COVID-19 pneumonia hit P14.6 billion

COVID pneumonia topped the medical cases that the Philippine Health Insurance Corp. reimbursed last year, with claims amounting to more than P14 billion......»»

Category: newsSource:  philstarRelated NewsMar 5th, 2024

CLI allots higher capex, partners with Japan firm

Cebu Landmasters Inc. is hiking its capital spending to P14.5 billion this year as it gears up for growth and expansion following a strong financial performance in 2023......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 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

Peza approves P14.951B investments from January to March

Peza approves P14.951B investments from January to March.....»»

Category: newsSource:  sunstarRelated NewsMar 17th, 2024

Quezon City bettor wins P14.6 million lotto pot

A lone bettor in Quezon City won the P14.6-million jackpot of the Regular Lotto 6/42 on Saturday night, the Philippine Charity Sweepstakes Office (PCSO) said yesterday......»»

Category: newsSource:  philstarRelated NewsMar 10th, 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

P14.6M nga shabu nasakmit sa Bohol

P14.6M nga shabu nasakmit sa Bohol.....»»

Category: newsSource:  sunstarRelated NewsFeb 20th, 2024

El Niño destroys P14 million palay in Negros Occidental

The dry spell brought by the El Niño phenomenon has damaged more than P14 million worth of rice crops in Negros Occidental, officials said yesterday......»»

Category: newsSource:  philstarRelated NewsFeb 15th, 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

Market falls amid worries over rate cuts, China growth

Share prices ended in the red for a third session after another dour day across global markets, fuelled by a sense of resignation that the interest rate cuts long expected in March will not materialize due to stubbornly high inflation......»»

Category: financeSource:  philstarRelated NewsJan 18th, 2024

First Gen income up 4 percent to P15.4 billion in 2023

Lopez-led power firm First Gen Corp. grew its income by four percent to P15.4 billion in 2023, from the previous year’s profit of P14.3 billion, mainly due to contributions from its geothermal subsidiary Energy Development Corp......»»

Category: financeSource:  philstarRelated NewsMar 23rd, 2024

Household cuts rice consumption

Household cuts rice consumption.....»»

Category: newsSource:  sunstarRelated NewsApr 13th, 2024

Faster inflation could delay interest rate cuts – BDO

Faster inflation could delay monetary policy rate cuts from the Bangko Sentral ng Pilipinas , according to an official from BDO Trusts and Investments, the investment arm of BDO Unibank Inc......»»

Category: financeSource:  philstarRelated NewsApr 5th, 2024

Gradual BSP rate cuts likely by Q3

The Bangko Sentral ng Pilipinas is expected to make gradual interest rate cuts starting in the third quarter of the year, according to global banking giant Citi......»»

Category: financeSource:  philstarRelated NewsFeb 17th, 2024

‘4Ps registered P9 billion deficit due to budget cuts’

The Pantawid Pamilyang Pilipino Program of the government had already registered a “budget deficit” of P9 billion after Sen. Imee Marcos slashed its budget by P13 billion......»»

Category: newsSource:  philstarRelated NewsFeb 21st, 2024