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Debt-to-GDP ratio remains above int’l threshold at 60.2%

The country’s outstanding debt as a share to the overall economy slightly eased in the first quarter, but remained above the internationally accepted threshold, with the government urged to be on a serious lookout for more revenue sources......»»

Category: financeSource:  philstarRelated NewsMay 9th, 2024

IOB to sell 92 NPA accounts having Rs 13,472 cr loan outstanding

Indian Overseas Bank to e-auction 92 non-performing loans worth Rs 13,471.68 crore. Loans include consortium arrangements, NCLT cases, sole banking ventures. Gross NPA reduced to 3.90% by December 31, 2023......»»

Category: newsSource:  manilanewsRelated NewsMay 7th, 2024

Philippines debt declines to P14.9 trillion in March

The country’s outstanding debt declined by nearly two percent to P14.93 trillion as of end-March from a record P15.18 trillion a month ago as the government settled its obligations to both local and foreign lenders, according to the Bureau of the Treasury......»»

Category: financeSource:  philstarRelated NewsMay 2nd, 2024

D& L bonds maintain top credit rating

D&L Industries Inc., the country’s leading specialty food ingredients and oleochemicals producer, has maintained the highest credit rating for its outstanding bonds......»»

Category: financeSource:  philstarRelated NewsMay 1st, 2024

BYD launches newest electric vehicle showroom in Cebu

CEBU CITY, Philippines – A new era of mobility has arrived in Cebu as BYD, known for its reliable electric vehicles, launched its showroom along A.S. Fortuna in Barangay Banilad, Cebu City on April 24, 2024. This highly anticipated unveiling represents an outstanding breakthrough for both BYD and the local automotive industry. It signals the.....»»

Category: newsSource:  inquirerRelated NewsApr 25th, 2024

UNAP grants Human Rights Award to outstanding Pinoys

The United Nations Association of the Philippines (UNAP), a 76-year-old non-government organization, has granted the Human Rights Award to four Filipinos who contributed significantly to the attainment of the United Nations Sustainable Development Goals (SDGs) in their respective fields......»»

Category: newsSource:  philstarRelated NewsApr 19th, 2024

WAO: Earth Run PH a success

We Are One (WAO)-Philippines is thrilled to announce that the “Earth Run 2023: Peace Heritage” which was held on 29 October 2023 at the City of Imus Grandstand and Track Oval (CIGTO) was an outstanding success......»»

Category: lifestyleSource:  abscbnRelated NewsApr 4th, 2024

EDCOM 2 taps ‘outstanding’ teachers for solutions to learning gaps

A congressional body tasked with crafting legislative solutions to long-standing problems in education has tapped award-winning educators to provide insights on how to improve learning and teaching standards across the nation’s schools......»»

Category: newsSource:  philstarRelated NewsMar 15th, 2024

Premium Leisure Corp to be voluntarily delisted

The PSE suspended trading in Premium Leisure Corp yesterday after PLC’s parent company, Belle Corp., announced that it would conduct a tender offer for all of PLC’s outstanding common shares “for the purpose of eventually causing the filing of an application for the voluntary delisting of PLC.”.....»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

Star-rank generals

Metrobank Foundation’s Outstanding Filipino Soldiers and Police Officers who were promoted as star-rank generals were presented during Metrobank Foundation’s 45th anniversary celebration......»»

Category: newsSource:  philstarRelated NewsMar 2nd, 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

Kathryn Bernardo, Belle Mariano pinagsasabong ng fans

TILA pinagsasabong ng kani-kanilang fans online ang mga Kapamilya actress na sina Kathryn Bernardo at Belle Mariano. Base kasi sa latest episode ng “Cristy Ferminute” na umere noong Biyernes, March 1, mas lumalala na raw ng girian sa pagitan ng fans ng dalawang aktres dahil sa pagkaka-link ni Donny Pangilinan sa itinanghal na “Asian Outstanding.....»»

Category: newsSource:  inquirerRelated NewsMar 2nd, 2024

PSA-RSSO 8 awards Outstanding Stakeholders in Eastern Visayas

The Philippine Statistics Authority -Regional Statistical Services Office VIII (PSA-RSSO 8) recognized its partner organizations and individuals who have been instrumental in the success of PSA programs and activities for the past 10 years......»»

Category: newsSource:  samarnewsRelated NewsMar 1st, 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

Senate President, First Lady headline Consular Corps meeting

It is not every day that two of the most outstanding and prominent personalities in the country share centerstage of a gathering of equally important standing......»»

Category: newsSource:  philstarRelated NewsFeb 24th, 2024

20 Caraga artists honored in inaugural festival

BUTUAN CITY (MindaNews / 22 February)—Twenty artists from the Caraga Region were honored on Tuesday in the inaugural Creative Caraga Festival aimed to acknowledge and celebrate the accomplishments of outstanding creatives who originate from and are based in the region across diverse fields within the creative industries. Named the Creative Caraga Awards, this is a […].....»»

Category: newsSource:  mindanewsRelated NewsFeb 22nd, 2024

Dongallo credits UE teammates for stellar UAAP debut

Casiey Dongallo had no qualms in sharing the credit after an outstanding debut performance in the UAAP Season 86 women’s volleyball tournament for the UE Lady Warriors......»»

Category: sportsSource:  philstarRelated NewsFeb 17th, 2024

NMP nabs 'Outstanding e-NGAs User Entity Award'

NMP's remarkable use of the Electronic New Government Accounting System (e-NGAs) received recognition for its commitment to transparency and the timely submission of financial statements and other reports for FY 2022, as mandated by the Commission on Audit (COA)......»»

Category: newsSource:  samarnewsRelated NewsFeb 12th, 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