We are sorry, the requested page does not exist
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......»»
Government eyes P30 billion from 30th RTB issue
The government is borrowing at least P30 billion from small creditors as the Marcos administration sets its third offering of retail Treasury bonds (RTBs) to expand state coffers and finance various projects......»»
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'.....»»
Treasury raises P81 billion from T-bill sale in January
The government borrowed a total of P81 billion through the issuance of short-term securities this month, exceeding its target after it upsized offers at the onset of the new year......»»
Treasury raises P120 billion from T-bonds
The government raised the entire program of P120 billion in long-term securities this month amid the downtrend in investor asking rates......»»
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 […].....»»
Third retail bond issue eyed in Q1
The government will borrow from small creditors in the first quarter as the Marcos administration sets its third offering of retail Treasury bonds in a bid to boost state coffers and finance various projects......»»
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 […].....»»
Vic Sotto s GMA sitcom Open 24/7 bids farewell
Pauleen Luna confirmed that her husband Vic Sotto's GMA-7 sitcom "Open 24/7" aired its final episode last May 25......»»
Filipina golfers launch bids in LPGA, Epson tours
Yuka Saso and Bianca Pagdanganan drew same tee times but on opposite nines as they kick off their campaign against the world’s best in the Mizuho Americas Open......»»
Pro boxer bids for Paris slot
Criztian Pitt Laurente is putting his pro boxing career on hold to bid for a slot in the Paris Olympics and will join Carlo Paalam, Rogen Ladon and Hergie Bacyadan in the final World Qualifiers in Bangkok on May 23-June 3. There are 51 Olympic tickets left for boxing, 28 men and 23 women, in 13 weight divisions......»»
Chery Tiggo, PLDT have contrasting fates in semis bids
There is an ocean of difference between the pathways needed by Chery Tiggo and PLDT to claim the fourth and last spot to the Premier Volleyball League All-Filipino Conference semifinals......»»
Muhammad Alis Thrilla in Manila shorts expected to smash auction records - Muhammad Ali
Bids for trunks from 1975 fight against Joe Frazier could reach $6m in online Sothebys auction The shorts worn by Muhammad Ali during his famous Thrilla in Manila fight in 1975 are expected to smash auction records at Sothebys in New York next week. The white satin Everlast trunks, which Ali signed with a black Sharpie pen, have attracted bids of $3.8m (3m) in an online auction that closes on 12 April. That puts the trunk.....»»
Top Contenders Peaking Ahead of March Madness in AP Top 25 Womens Basketball Poll
The NCAA women’s basketball tournament is quickly approaching, with Selection Sunday less than a week away. Several top teams have already secured automatic bids and.....»»
Steve Lawrence bids farewell
A voice from the past said goodbye last March 7. Singer and actor Steve Lawrence passed away from complications of Alzheimer’s disease in Los Angeles, California, at the age of 88......»»
Tahanang Pinakamasaya bids farewell, 130 employees displaced — reports
Television and Production Exponents (TAPE) Inc.'s "Tahanang Pinakamasaya" has bid farewell, according to reports......»»
Comelec resets bid submission for SETS
The Commission on Elections moved to Feb. 29 the deadline for the submission of bids for the P1.64-billion Secure Electronic Transmission Services, which will be used in the May 2025 midterm elections......»»