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‘Toxic relationship’ is why Mindanao should secede from sinking PH – former lawmaker
MANILA, Philippines — A “toxic relationship” between Mindanao and the Philippines was the reason why the former should break up with the latter. Davao del Norte 1st District Rep. Pantaleon Alvarez, a former House speaker, said this on why Mindanao should break up with the Philippines. The country was now a “sinking ship” due to.....»»
Rights group calls for deeper look into military’s reprisals vs. rights defenders
As the motion of reconsideration for the terror charges against Ken Rementilla and Jasmin Rubia was denied by an Antipolo prosecutor, human rights alliance Defend Southern Tagalog calls for accountability of notorious rights violators. The post Rights group calls for deeper look into military’s reprisals vs. rights defenders appeared first on Bulatlat......»»
Boljoon fisherman dragged into deeper water by Pugapo drowns
CEBU CITY, Philippines — A fisherman, who went spearfishing drowned after he was dragged by a grouper locally known as Pugapo deeper into the sea. This was after he hit the fish and got entangled with the line connected to the spear in Boljoon town in southern Cebu on Wednesday evening, February 14. Boljoon Police.....»»
'Will not leave any stone unturned to repay this debt of affection': PM Modi in J-K
Srinagar (Jammu and Kashmir) [India], March 7 (ANI): Prime Minister Narendra Modi on Thursday extended gratitude to the people of Jammu and Kashmir for the affection he has received and said that he will not leave any stone unturned to repay this debt of affection. "Modi will not leave any stone unturned to repay this debt of affection. I am doing all this hard work to win your hearts and I believe that I am on the right.....»»
'Will not leave any stone unturned to repay this debt of affection': PM Modi in J-K
Srinagar (Jammu and Kashmir) [India], March 7 (ANI): Prime Minister Narendra Modi on Thursday extended gratitude to the people of Jammu and Kashmir for the affection he has received and said that he will not leave any stone unturned to repay this debt of affection. "Modi will not leave any stone unturned to repay this debt of affection. I am doing all this hard work to win your hearts and I believe that I am on the right.....»»
Market plunges deeper amid Middle East conflict
The stock market plunged deeper in the red yesterday on concerns over the escalating conflict in the Middle East......»»
BPI raises $400 million from offshore debt market
Bank of the Philippine Islands has raised $400 million after successfully tapping into the offshore debt market for the first time since 2019......»»
E-notice provision, other amendments to SARFAESI, DRTA in pipeline to streamline debt recovery
By Vishu AdhanaNew Delhi [India], March 19 (ANI): The Ministry of Finance has constituted a committee to determine further amendments to the SARFAESI and DRT Acts, including providing legal cover to e-notice for expeditious debt recovery, sources in the ministry said. The committee held several meetings and discussions are in the "advanced stage," sources told ANI. Last month, the finance ministry held extensive discussio.....»»
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.....»»
Debt payment rises threefold in January
The government jacked up its debt service by more than threefold to P159 billion in January as payments for interest and amortization both increased......»»
Foreign debt reaches all-time high in 2023
The country’s foreign debt reached another record high in 2023, as both the national government and the private sector borrowed more from offshore creditors, the central bank said......»»
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:.....»»
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......»»
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 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......»»
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......»»
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......»»
Government debt payments rise to record P1.6 trillion
The country’s debt service registered a record P1.6 trillion last year, exceeding the program, as the government aggressively moved to cut mounting obligations......»»