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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

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

LTO: Plastic drivers’ licenses delayed anew due to paper work issues

MANILA, Philippines — The promised plastic cards for driver’s licenses are facing delays, as they still need to overcome technical hurdles before becoming available to the public, Land Transportation Office (LTO) Chief Atty. Vigor Mendoza II said on Monday. The LTO said earlier that the Philippine Society of Medicine for Drivers donated four million plastic.....»»

Category: newsSource:  inquirerRelated NewsJan 15th, 2024

Philippines FDI net inflows grow by 89.9 pct in January

MANILA, April 10 (Xinhua) -- Foreign direct investment (FDI) that flowed into the Philippines grew year-on-year by 89.9 percent in January to 907 million U.S. dollars, the country's central bank said Wednesday. "The increase in FDI was supported mainly by the 173.2 percent expansion in nonresidents' net investments in debt instruments to 820 million dollars from 300 million dollars in January 2023," the Bangko S.....»»

Category: newsSource:  manilanewsRelated NewsApr 13th, 2024

SC: Disini estate to pay P100 million damages for BNPP

The Supreme Court has affirmed with finality its decision ordering the estate of late businessman Herminio Disini to pay the government damages for the US $2.3 billion mothballed Bataan Nuclear Power Plant in Morong, Bataan......»»

Category: newsSource:  philstarRelated NewsFeb 21st, 2024

Pakistan: New Government Should Protect Rights

(New York) - Pakistan's newly elected prime minister, Shehbaz Sharif, should make human rights a key focus of his government, Human Rights Watch said in a letter today to the prime minister. The new Pakistani government should adopt an agenda that actively promotes and protects human rights,.....»»

Category: newsSource:  philippinetimesRelated NewsMar 11th, 2024

QC court convicts bus drivers over death of journalist Chit Estella

Both bus drivers "had the last clear chance to avoid the collision had they exercised reasonable care and precaution in driving their respective buses," the decision said......»»

Category: newsSource:  philstarRelated NewsMay 13th, 2024

DSWD to aid displaced traditional jeepney drivers - Philippine Canadian Inquirer

DSWD to aid displaced traditional jeepney drivers Philippine Canadian Inquirer.....»»

Category: newsSource:  manilanewsRelated NewsMay 5th, 2024

DSWD to help jeepney drivers affected by PUVMP

The Department of Social Welfare and Development is ready to provide assistance to jeepney operators and drivers affected by the government’s Public Utility Vehicle Modernization Program (PUVMP), a DSWD official said yesterday......»»

Category: newsSource:  philstarRelated NewsMay 5th, 2024

Jeepney drivers in Philippines to go on 3-day strike starting Monday

MANILA, April 28 (Xinhua) -- Jeepney drivers in the Philippines will mount a three-day nationwide strike starting Monday to protest the government's plans to remove decades-old jeepneys off the streets. The transport strike, which will run until May 1, has prompted the Department of Education to order all public schools nationwide to resort to online classes on April 29 and 30. The educational directive w.....»»

Category: newsSource:  manilanewsRelated NewsApr 28th, 2024

Jeepney drivers, operators prod SC on TRO vs PUVMP

Jeepney drivers and operators yesterday asked the Supreme Court to act on their petition for a temporary restraining order against the government’s public utility vehicle modernization program ahead of the April 30 franchise consolidation deadline......»»

Category: newsSource:  philstarRelated NewsApr 23rd, 2024

500 MPUV drivers fear income loss after CBRT package 1 s completion

500 MPUV drivers fear income loss after CBRT package 1 s completion.....»»

Category: newsSource:  sunstarRelated NewsApr 21st, 2024

Riding the crossroads: The battle of Manila’s jeepney drivers against modernization

“Most members in my group are seniors,” he said, “My father is 72 years old, yet he drives every day because he doesn't want to rely on his children. He needs money for medication, electricity and water to survive. Where will they find a livelihood? I’m sure no company would want to hire them anymore, right?” The post Riding the crossroads: The battle of Manila’s jeepney drivers against modernization appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsApr 20th, 2024

Striking drivers, operators face financial woes

For single-unit operators like Chel Mallonga, 45, the impact of the government’s Public Utility Vehicle Modernization Program (PUVMP) would be drastic. Once consolidation pushes through, single-unit operators will no longer be granted franchises. The post Striking drivers, operators face financial woes appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsApr 17th, 2024

Candaba trike drivers get livelihood aid

Candaba trike drivers get livelihood aid.....»»

Category: sportsSource:  abscbnRelated NewsApr 8th, 2024

Lalamove empowers aspiring women entrepreneurs to start their small businesses in PangNegosyo program

Lalamove, a leading on-demand delivery platform, has launched the Panalong PangNegosyo program for its thousands of women partner drivers to give out a business-starter package to three lady riders or drivers......»»

Category: financeSource:  philstarRelated NewsMar 27th, 2024