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PFDA commits to increased dividend payments to Treasury

Department of Agriculture’s Philippine Fisheries Development Authority announced in a statement that it would remit 75% of its dividend payouts coming from the prior 50% after Finance Secretary Ralph Recto requested the government firm to increase its remittances to the government. .....»»

Category: financeSource:  philstarRelated NewsApr 9th, 2024

T-bills, T-bonds rates up after inflation uptick

Yields for the government’s short and long-term securities picked up across the board after inflation accelerated for the second straight month......»»

Category: financeSource:  philstarRelated NewsApr 8th, 2024

Government bonds drawing in more online investors

Demand to invest via digital platforms is seen picking up further, especially for government securities, state-run Land Bank of the Philippines said......»»

Category: financeSource:  philstarRelated NewsApr 2nd, 2024

Reissued T-bonds fetch higher rates

The reissuance of the government’s long-term securities fetched higher rates amid expectation of faster inflation in March that likely breached the target of the central bank......»»

Category: financeSource:  philstarRelated NewsApr 2nd, 2024

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......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

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......»»

Category: financeSource:  philstarRelated NewsMar 18th, 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

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......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 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

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'.....»»

Category: newsSource:  rapplerRelated NewsJan 30th, 2024

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 […].....»»

Category: newsSource:  mindanewsRelated NewsJan 23rd, 2024

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 […].....»»

Category: newsSource:  mindanewsRelated NewsJan 16th, 2024

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......»»

Category: lifestyleSource:  abscbnRelated NewsApr 25th, 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......»»

Category: sportsSource:  abscbnRelated NewsApr 9th, 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......»»

Category: sportsSource:  abscbnRelated NewsApr 9th, 2024

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......»»

Category: sportsSource:  philstarRelated NewsApr 8th, 2024

72nd Palanca Awards announces call for entries

72nd Palanca Awards announces call for entries.....»»

Category: newsSource:  philstarRelated NewsApr 8th, 2024

72nd Palanca Awards announces call for entries

72nd Palanca Awards announces call for entries.....»»

Category: newsSource:  philstarRelated NewsApr 8th, 2024

72nd Palanca Awards announces call for entries

72nd Palanca Awards announces call for entries.....»»

Category: newsSource:  philstarRelated NewsApr 8th, 2024