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Funding a start-up through a business loan

Many people see debt as a bad thing; there is even a pervasive myth that “no debt is a good debt.” But, here comes...

Chinese bridge pushes Maldives deeper in debt: opposition

Maldives -- The Maldives opposition said Friday that President Abdulla Yameen had pushed the Indian Ocean nation deeper into a Chinese "debt trap" with...

AboitizPower to issue fixed-rate bonds worth P15 billion in fourth quarter

Aboitiz Power Corp. (AboitizPower) will be issuing P15 billion worth of fixed-rate bonds by the fourth quarter of this year to refinance existing debt. In...

PSALM clarifies issue on maturing debts

Power Sector Assets and Liabilities Management Corp. (PSALM) said it was not blaming the Energy Regulatory Commission (ERC) for the interest cost it incurred...

Chinese envoy: PHL grants come with no strings attached

By Arjay L. Balinbin, Reporter The Philippines is not a province of the People’s Republic of China, Chinese Ambassador to the Philippines Zhao Jianhua stressed...

Gov’t outstanding debt down in May

OUTSTANDING DEBT went down in May as the government settled domestic loans, the Bureau of the Treasury reported on Friday.

Government debt posts slight decrease

THE NATIONAL government’s outstanding debt had a slight decrease in April “due to the stronger peso and third currency fluctuations,” the Bureau of the Treasury (BTr) said.

India, Indonesia among Asia’s most debt risky nations

THE PHILIPPINE Institute for Development Studies (PIDS) wants to broaden the level of transparency in the government's foreign investment negative list.

Enhancing Philippine business and the economy

IHAP Awards 2018 recognizes winners By Romsanne R. Ortiguero Established in 1974, the Investment House Association of the Philippines (IHAP) has since promoted a better understanding...

PNB raises $300 million from term notes offer

The Philippine National Bank (PNB) has raised $300 million worth of medium-term notes amid overwhelming demand from offshore investors, it said in a disclosure...

Megaworld to raise $200 million in perpetual notes

Megaworld Corp. will be raising $200 million through the issuance of perpetual senior notes in the offshore bond market to refinance existing debt. In a...

SMC plans to lower dollar-denominated debt as peso weakens

By Krista Angela M. Montealegre, Senior Reporter San Miguel Corp. (SMC) plans to further trim down its dollar-denominated debt, as the peso weakens and interest rates...

RCBC doubles medium-term note program to $2 billion

Rizal Commercial Banking Corp. (RCBC) doubled its medium-term note program to raise additional capital. In a disclosure to the local bourse on Monday, March 5,...

National government debt inches up 1.1% in January

Outstanding government debt rose in January as the weaker peso drove up the value of the country’s foreign loans, the Bureau of the Treasury...

Ayala Land to raise up to P25 billion from debt notes,...

Ayala Land, Inc. (ALI) plans to raise up to P25 billion of combined debts, bilateral term loans, and qualified buyer notes this year, to...

Asia debt binge to dampen growth but not derail It, Oxford...

Asia’s soaring levels of debt will weigh on growth over the next decade -- especially in China, Malaysia, Thailand and India -- but it...

Government debt at 36.4% of GDP

The country’s ratio of General Government (GG) Debt to the Gross Domestic Product (GDP) stood at 36.4% as of end-June 2017, slightly up from...

National gov’t debt rises to P6.44-T in Sept. on increased peso...

OUTSTANDING government debt rose to P6.444 trillion in September as the Treasury borrowed more funds using peso-denominated securities, the bureau said on Friday. Debts held...

Gov’t eyes to roll out repurchase market for banks next month...

THE GOVERNMENT is looking to roll out a repurchase market for banks next month, the country’s central bank chief said, forming part of an...

Philippines taps Bank of China for panda bonds

THE Philippine government has tapped the Bank of China in its bid to get China’s approval of a plan to raise $200 million from...

Gov’t debt hits P6.43 trillion at end of August

INCREASED BORROWING from domestic and foreign lenders, as well as a weaker peso, pushed government debt to P6.43 trillion at the end of August,...

Gov’t debt may top P7 trillion in 2018 amid infra push

THE GOVERNMENT’S outstanding debt may breach the P7 trillion mark next year, according to the Treasury bureau. Amid preparations for the Budget Expenditures and Sources...