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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

POC targets 25 for Paris

POC president Mayor Bambol Tolentino said yesterday he expects a delegation of about 25 athletes to represent the country at the coming Paris Olympics with more qualifiers from boxing, golf, judo, cycling, swimming, athletics, skateboarding, gymnastics and weightlifting tipped to bolster the current pool of 12......»»

Category: newsSource:  philstarRelated News22 hr. 27 min. ago

Asia Album: Glimpse of summer in Philippines

An aerial drone photo taken on May 5, 2024 shows people cooling off in a swimming pool at a resort in Bulacan Province, the Philippines. (Xinhua/Rouelle Umali)MANILA, May 6 (Xinhua) -- Check out the cool scenes from a resort in Bulacan Province, the Phi.....»»

Category: newsSource:  manilanewsRelated NewsMay 6th, 2024

Cebu senior tankers rule the PRISAA regional swim meet in Bohol

CEBU CITY, Philippines — Team Cebu’s senior swimming squad in the Private Schools Athletic Association (PRISAA) Regional Meet concluded its campaign with a staggering haul of 33 gold medals over the weekend at the University of Bohol-Victoriano Degamo Tirol (VDT) pool in Tagbilaran City, Bohol. Comprising mostly University of San Carlos (USC) tankers, Team Cebu’s.....»»

Category: newsSource:  inquirerRelated NewsApr 29th, 2024

Yee, Gitaruelas, Alcoseba shine in IRONMAN 70.3 Lapu-Lapu Cebu

CEBU CITY, Philippines — Local athletes didn’t disappoint in flexing their winning form in last Sunday’s IRONMAN 70.3 Lapu-Lapu Cebu. Budding triathlete Franklin Ferdie Yee, elite cyclist Lovely Gitaruelas, and swimming prospect Fionna Alcoseba did shine in the race that fielded 1,385 triathletes coming from 54 countries. Yee lorded the men’s 19-24 years old category.....»»

Category: newsSource:  inquirerRelated NewsApr 22nd, 2024

IRONKIDS: Kids with iron hearts and iron wills

LOOK: Some of the highlights from the swimming portion of the IRONKIDS Aquathlon on Saturday, April 20, at the Reef Island Resort Lapu-Lapu City, Cebu. The IRONKIDS is a prelude to the grand event on Sunday which is the IRONMAN 70.3 Lapu-Lapu with thousands competing including a record-field of 29 of the world’s top pro.....»»

Category: newsSource:  inquirerRelated NewsApr 20th, 2024

EDITORIAL - Lifeguards

With high temperatures expected to prevail for the coming weeks, swimming will continue to be a popular activity. And the risk of drowning will remain high......»»

Category: lifestyleSource:  abscbnRelated NewsApr 8th, 2024

EDITORIAL - Lifeguards

With high temperatures expected to prevail for the coming weeks, swimming will continue to be a popular activity. And the risk of drowning will remain high......»»

Category: lifestyleSource:  abscbnRelated NewsApr 8th, 2024

EDITORIAL - Lifeguards

With high temperatures expected to prevail for the coming weeks, swimming will continue to be a popular activity. And the risk of drowning will remain high......»»

Category: lifestyleSource:  abscbnRelated NewsApr 8th, 2024