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Phoenix lacks the retained earnings to pay PNX4 and PNX3B divs

The PSE sought an update from Dennis Uy’s Phoenix Petroleum on the non-payment of dividends to shareholders of its PNX4 preferred shares and PNX3B preferred shares......»»

Category: financeSource:  philstarRelated NewsFeb 23rd, 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

100th win: Phoenix solves Magnolia puzzle to extend PBA campaign

Facing elimination, Phoenix shows steely resolve and overcomes a huge deficit to end its years-long skid against Magnolia and stay alive in the PBA Commissioner's Cup.....»»

Category: newsSource:  rapplerRelated NewsJan 28th, 2024

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......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

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......»»

Category: financeSource:  philstarRelated NewsMar 18th, 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

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

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

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

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

Phoenix rises from 21-point hole to stay alive vs Hotshots

The Phoenix Fuel Masters flipped the script in the second half and successfully clawed back from a 21-point second quarter deficit to force a Game 4 in the PBA Commissioner’s Cup semifinals against the Magnolia Hotshots, 103-85, Sunday at the Mall of Asia Arena in Pasay City......»»

Category: newsSource:  philstarRelated NewsJan 28th, 2024

Phoenix stops buying imported oil

Phoenix Petroleum Philippines Inc. of businessman Dennis Uy has suspended its procurement of imported diesel and gasoline......»»

Category: financeSource:  philstarRelated NewsJan 22nd, 2024

Phoenix salvages semis spot

Phoenix went full throttle against Meralco early and this time drove all the way to the PBA Commissioner’s Cup semifinals......»»

Category: sportsSource:  philstarRelated NewsJan 22nd, 2024

Redemption for Phoenix?

Phoenix coach Jamike Jarin isn’t thinking about the 2018 PBA Governors’ Cup quarterfinals where the Super LPG Fuel Masters blew a twice-to-beat advantage and lost to Meralco in a meltdown that was capped by an overtime setback......»»

Category: sportsSource:  philstarRelated NewsJan 21st, 2024

Phoenix soars higher

Phoenix stepped on the gas and reached its intended destination in the PBA Commissioner’s Cup playoffs......»»

Category: sportsSource:  philstarRelated NewsJan 11th, 2024

Lady Gaga, Joaquin Phoenix magtatambal sa bagong ‘Joker’ film

MAGBABALIK sa big screen ang tinaguriang “Clown Prince of Crime” na si Joker, ang isa sa kilalang supervillain sa DC Universe. Muling bibida sa titular role ang award-winning actor na si Joaquin Phoenix sa pelikulang “Joker: Folie à Deux.” Ang makakatambal niya riyan ay ang sikat na international pop star na si Lady Gaga bilang.....»»

Category: newsSource:  inquirerRelated NewsApr 5th, 2024

Lady Gaga, Joaquin Phoenix magtatambal sa bagong ‘Joker’ film

MAGBABALIK sa big screen ang tinaguriang “Clown Prince of Crime” na si Joker, ang isa sa kilalang supervillain sa DC Universe. Muling bibida sa titular role ang award-winning actor na si Joaquin Phoenix sa pelikulang “Joker: Folie à Deux.” Ang makakatambal niya riyan ay ang sikat na international pop star na si Lady Gaga bilang.....»»

Category: newsSource:  inquirerRelated NewsApr 5th, 2024