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As global economy slows, Philippines bats for intensified financing solutions

The Philippines has called on multilateral financial institutions to step up support and financing solutions to developing nations as the global economy hits a critical point of further slowdown......»»

Category: financeSource:  philstarRelated NewsApr 21st, 2024

New Mandaue city hall gets P3 billion financing

State-run Development Bank of the Philippines has extended a P3-billion loan financing to the local government of Mandaue in Cebu for the construction of a center that would boost delivery of services......»»

Category: financeSource:  philstarRelated NewsApr 11th, 2024

Global Dominion, RCBC Capital extend financing to the unbanked and underbanked

Both organizations aim to service the financial needs of people and organizations unable to tap the banks for their funding requirements and leave a positive impact on society through financing......»»

Category: financeSource:  philstarRelated NewsApr 2nd, 2024

FundSpace, Global Dominion tie up to boost SME, individual financing

FundSpace, Global Dominion tie up to boost SME, individual financing.....»»

Category: newsSource:  sunstarRelated NewsMar 4th, 2024

Security Bank, Epson partner for financing

Security Bank Corp. has partnered with Epson Philippines Corp. for a special financing program for Epson’s distributors and dealers to help them fulfill big-ticket orders which usually tighten liquidity......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 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

State revenues hit P1.4 trillion in April

The country generated P1.4 trillion in revenues from January to April as the government ramped up its revenue mobilization efforts, Finance Secretary Ralph Recto said......»»

Category: financeSource:  philstarRelated NewsMay 6th, 2024

Non-banks’ domestic claims up by 15 percent in Q4

The domestic claims of non-bank financial institutions increased by 15 percent to P9.05 trillion in the fourth quarter of 2023 from P7.87 trillion in the same quarter in 2022, based on a survey of the Bangko Sentral ng Pilipinas (BSP)......»»

Category: financeSource:  philstarRelated NewsMay 4th, 2024

P1.7 trillion investments show confidence in Philippines

For some members of the House of Representatives, the P1.7 trillion in investments infused by local and foreign traders in 2023 proved business confidence in the country and in President Marcos......»»

Category: newsSource:  philstarRelated NewsMay 3rd, 2024

‘Climate change inaction cost to reach P1.4 trillion by 2030’

The cost of inaction against climate change could reach P1.4 trillion by 2030, or about eight percent of the 2020 gross domestic product, the Department of Environment and Natural Resources said yesterd.....»»

Category: newsSource:  philstarRelated NewsMay 3rd, 2024

Gov’t debt slightly drops to P14.93T

The national government’s total debt dropped to P14.93 trillion as of the end of March, down 1.67 percent from the previous month’s P15.12 trillion. This was because more money was repaid for domestic government loans than was borrowed. The Bureau of Treasury reported that 31.14 percent of the debt is from outside the country, while.....»»

Category: newsSource:  inquirerRelated NewsMay 3rd, 2024

Government hikes borrowings to P2.57 trillion for this year

The Philippines raised its 2024 borrowing program by four percent to P2.57 trillion, which could make fiscal consolidation more challenging for the government......»»

Category: financeSource:  philstarRelated NewsApr 30th, 2024

Philippines digital economy expands by 7.7 percent in 2023

The value of the Philippine digital sector went up by 7.7 percent to P2.05 trillion in 2023 from P1.9 trillion in 2022, according to the Philippine Statistics Authority......»»

Category: newsSource:  philstarRelated NewsApr 25th, 2024

Digital economy contributes 8.4 pct to Philippine economy in 2023

MANILA, April 25 (Xinhua) -- The digital economy amounted to 2.05 trillion pesos (35.396 billion U.S. dollars) in 2023, contributing 8.4 percent to the country's gross domestic product (GDP), the Philippine Statistics Authority (PSA) said Thursday. "This resulted in a 7.7 percent growth from the 1.90 trillion pesos (32.8 billion dollars) gross value added of the digital economy in 2022," the agency said......»»

Category: newsSource:  manilanewsRelated NewsApr 25th, 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

Government jacks up infrastructure spending to P1.2 trillion in 2023

The government jacked up its infrastructure spending last year, hitting P1.2 trillion and effectively surpassing its programmed allocation on the back of faster disbursements for major transport and road projects, according to the Department of Budget and Management......»»

Category: financeSource:  philstarRelated NewsApr 1st, 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