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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.....»»
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......»»
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 raises $1 billion on international debt market
Metrobank [MBT 62.00 ?1.5%] [link] revealed that it was able to sell twice the amount in medium-term notes on the international debt capital markets than it intended......»»
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......»»
Attorney General says she’ll seize Donald Trump’s property if he can’t pay $454 million civil fraud debt
Attorney General says she’ll seize Donald Trump’s property if he can’t pay $454 million civil fraud debt.....»»
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.....»»
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......»»
PH debt rose to P14.62 trillion in 2023
PH debt rose to P14.62 trillion in 2023.....»»
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......»»
Do-or-die for Phoenix title showdown with SMB awaits Magnolia
Even with its youth-laden crew, Phoenix has shown its mettle in handling pressure-packed do-or-die situations......»»
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.....»»
Sean Manganti turns into unlikely hero for defiant Phoenix
Given ample playing time, Sean Manganti plays his finest game of the PBA Commissioner's Cup to help Phoenix avoid elimination against Magnolia in their semifinal series.....»»
Phoenix buhi pa
Phoenix buhi pa.....»»
No walk in the park: Magnolia still wary despite extending years-long win streak vs Phoenix
Magnolia reasserts its mastery over Phoenix as it draws first blood to kick off their best-of-five semifinals in the PBA Commissioner's Cup.....»»
Phoenix stops buying imported oil
Phoenix Petroleum Philippines Inc. of businessman Dennis Uy has suspended its procurement of imported diesel and gasoline......»»
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......»»
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......»»
TNT ousts Phoenix to complete quarterfinals cast
The stage is set for the PBA Commissioner's Cup quarterfinals after the TNT Tropang Giga annihilated the Phoenix Fuel Masters, 116-96, at the Philsports Arena in Pasig City Sunday......»»
Matthew Wright remains supportive of ex-team Phoenix
Former Phoenix star Matthew Wright is pleased to see the Fuel Masters succeed in the PBA even after leaving the team to play in the Japan B. League.....»»