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Hot money returns to net inflow in February
More foreign portfolio investments flowed into the Philippines in February, snapping two straight months of net outflows, amid the government’s retail Treasury bond offering......»»
BPI readies issuance of dollar bonds
The Bank of the Philippine Islands is close to issuing its dollar-denominated bond sale, as it has started a series of fixed income investor meetings......»»
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:.....»»
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......»»
Larry Summers warns that the war vs inflation might not be over
Larry Summers, the former US Treasury Secretary (under President Bill Clinton) and former Chief Economist of the World Bank, said that the US Federal Reserve may still need to raise rates before it can declare victory in the war against inflation......»»
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......»»
US Senate panel urges Treasury Dept to make tech firms comply with sanctions
US Senator Mark Warner says tech companies like Alphabet and Meta have continued to provide adtech services to sanctioned entities with ties to 'foreign adversaries'.....»»
FACT CHECK | VP Sara Duterte did not return her 2022 confidential fund
Vice President Sara Duterte has not returned her confidential fund to government treasury, contrary to a video posted on YouTube. Reports that Duterte spent in just 11 days in December 2022 a confidential fund amounting to P125 million from the contingency fund of the Office of the President drew widespread criticisms and demands for an […].....»»
Government borrows P30 billion from T-bonds
The government secured P30 billion from the local debt market via the fresh issuance of long-term securities, with the coupon rate set slightly higher than secondary markets......»»
FACT CHECK | VP Sara Duterte did not return her 2022 confidential fund
Vice President Sara Duterte has not returned any confidential funds to the government treasury, contrary to a video posted on YouTube. Reports that Duterte spent in just 11 days in December 2022 a confidential fund amounting to P125 million from the contingency fund of the Office of the President drew widespread criticisms and demands for […].....»»
SunStar Davao bags 2 PPI awards
SUNSTAR Davao bagged two awards from the 2023 Civic Journalism Community Press Awards of the Philippine Press Institute (PPI) on Thursday, April 25, 2024, at the Century Park Hotel in Manila on April 25, 2024......»»
Exhuma, Moving lead 2024 Baeksang Arts Awards nominees
Horror movie "Exhuma" and Disney+'s action-fantasy series "Moving" lead all nominees at the 60th Baeksang Arts Awards in South Korea......»»
Exhuma, Moving lead 2024 Baeksang Arts Awards nominees
Horror movie "Exhuma" and Disney+'s action-fantasy series "Moving" lead all nominees at the 60th Baeksang Arts Awards in South Korea......»»
Philippine Esports Awards set
Smart Communications takes the stage when it presents the 2023 Philippine Esports Awards, with partners PLDT Enterprise, CignalTV, and San Miguel Corp......»»
72nd Palanca Awards announces call for entries
72nd Palanca Awards announces call for entries.....»»
72nd Palanca Awards announces call for entries
72nd Palanca Awards announces call for entries.....»»
72nd Palanca Awards announces call for entries
72nd Palanca Awards announces call for entries.....»»
72nd Palanca Awards announces call for entries
72nd Palanca Awards announces call for entries.....»»
SAC-SMB Sports Awards ibalik, Mayo 26
SAC-SMB Sports Awards ibalik, Mayo 26.....»»
BDO feted at Retail Banker International Asia Trailblazer Awards 2024
BDO feted at Retail Banker International Asia Trailblazer Awards 2024.....»»