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Negros Island Region creation to move government service closer to people
Negros Island Region creation to move government service closer to people.....»»
NEWS BRIEFS | 11 March 2024
Three news barangays created in Marawi City Voters in Marawi City ratified the creation of three new barangays during a plebiscite held last Saturday there, the Commission on Elections (Comelec) said. In a statement, the Comelec said that 2,121 out of 2,265 voters approved the creation of the three barangays. The voters came from the three barangays […].....»»
Creation of Muslim Council in Baguio City pushed
The creation of a Muslim Consultative Council seeking to institutionalize the representation and participation of the Muslim community in Baguio city’s governmental processes has been proposed. .....»»
FACES OF CEBU: Boy Odilao, founder of Sinulog Festival
CEBU CITY, Philippines – Behind every remarkable creation in our world, there’s always a creator. Just as the book of Genesis attributes the creation of life and Earth to God, architects and engineers are the minds behind structures like the Burj Khalifa in Dubai. The songs we love are crafted by singers –Everything extraordinary has.....»»
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......»»
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 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......»»
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:.....»»
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......»»
Guimaras PPOC pushes for collective efforts to reduce traffic accidents
Guimaras PPOC pushes for collective efforts to reduce traffic accidents.....»»
BM Mylyn pushes for Moka Wall of Honor
BM Mylyn pushes for Moka Wall of Honor.....»»
Alcover pushes for agricultural scholarships amid student decline
Alcover pushes for agricultural scholarships amid student decline.....»»
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......»»
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......»»
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 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......»»
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......»»