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Shooting: Angry man shoots debt collector in San Fernando

CEBU CITY, Philippines – A furious 76-year-old man from San Fernando town, southern Cebu shot the lady collector of his lending business for neglecting her job. The man whom witnesses said was angered by the apparent negligence of his collector who was seen engaging in a drinking spree, also attempted to kill himself on Monday.....»»

Category: newsSource: inquirer inquirerJan 23rd, 2024

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......»»

Category: financeSource:  philstarRelated NewsMar 11th, 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 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......»»

Category: financeSource:  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

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.....»»

Category: newsSource:  sunstarRelated NewsFeb 22nd, 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

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

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

Perpetual shoots for Final Four bonus

University of Perpetual Help guns for the top seeding and the twice-to-beat Final Four incentive that goes with it as it clashes with a dangerous San Sebastian in today’s final elimination play date in NCAA Season 99 junior basketball at the Filoil EcoOil Arena......»»

Category: sportsSource:  philstarRelated NewsMar 2nd, 2024

Man killed, wife wounded in Antipolo gun attack

A man was killed while his wife was wounded in a shooting in Antipolo City, Rizal on Wednesday night......»»

Category: newsSource:  philstarRelated NewsMar 21st, 2024

Cebu City drug bust: 18-year-old man nabbed with P102,000 ‘shabu’

CEBU CITY, Philippines — An 18-year-old man, who is believed to be the suspect of a previous shooting incident, will be spending some time in jail after he was caught in the act of counting illegal drugs by police who were implementing a Simultaneous Anti-Criminality Law Enforcement Operation (SACLEO) in a public market in Barangay.....»»

Category: newsSource:  inquirerRelated NewsFeb 29th, 2024

Crucifixions and whippings in the Philippines on Good Friday

Catholic zealots in the Philippines re-enacting the last moments of Jesus Christ were nailed to wooden crosses while others whipped themselves bloody in extreme displays of religious devotion on Good Friday. While most Filipinos went to church or spent the holiday with family, hundreds gathered in villages around San Fernando city, north of Manila, to.....»»

Category: newsSource:  inquirerRelated NewsMar 29th, 2024

Visita Iglesia 2024: San Fernando Rey Parish Church in Liloan

CEBU CITY, Philippines — The Liloan town in northern Cebu is known to be the home of the delightful ‘rosquillos.’ But apart from their signature delicacy, a seemingly unique placement of a religious structure was built in this town. If you plan to have a Visita Iglesia this Holy Week, you may want to include.....»»

Category: newsSource:  inquirerRelated NewsMar 23rd, 2024

Int’l floating bookfair docks in La Union

The international floating bookfair “MV Doulos Hope” docked at the Poro Point Freeport Zone, City of San Fernando, La Union on Wednesday ahead of its grand opening slated Friday......»»

Category: newsSource:  philstarRelated NewsMar 7th, 2024