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What you need to know about credit card balance transfers

Moneymax.ph
Posted at Sep 27 03:37 PM

Want to lower your credit card debt? Try getting a credit card balance transfer. In a nutshell, a credit card balance transfer involves transferring your outstanding balance to a new credit card for a lower interest rate. You can either get a new card from the same bank or a different one. Read more »

Diokno: Interest rate, RRR cuts may come 'sooner than later'

ABS-CBN News
Posted at Sep 13 12:08 PM

The MB last cut the overnight borrowing rate used by banks to price loans by 25 basis points last Aug. 8, after first half growth slowed to a 4-year low. The policy body has 3 more meetings left this year, on Sept. 26, Nov. 14 and Dec. 12. Read more »

Credit rating upgrade 'a vote of confidence' on Philippines: economist

Cathy Yang, ABS-CBN News
Updated as of May 01 05:14 PM

The upgrade was “well-deserved” after the Bangko Sentral ng Pilipinas raised the benchmark borrowing rate by 175 basis points in 2018 to tame inflation, he said. Inflation slowed for the fifth straight month in March. Read more »

S&P raises Philippines' credit rating, citing strong economy

ABS-CBN News
Posted at Apr 30 06:22 PM

The Philippines' score was raised to BBB+ from BBB A, the third lowest investment grade rating or 3 notches above the minimum investment grade score, S&P said.  Read more »

How to Say No to People Who Want to Borrow Money

MoneyMax.ph
Posted at Dec 12 04:59 PM

Tired of people asking you for a loan for the nth time? Wondering how you can properly refuse family and friends who want to borrow money again? Read more »

House leader defends Arroyo after finance chief's remarks

RG Cruz, ABS-CBN News
Posted at Dec 07 06:47 PM

House Majority Leader Rolando Andaya Jr. on Friday rebutted Finance Secretary Carlos Dominguez who alluded to the administration of former President Gloria Macapagal-Arroyo’s alleged mishandling of financing from China. Read more »

Dominguez allays fears over 'Chinese debt trap'

ABS-CBN News
Posted at Dec 06 06:51 PM

Finance Secretary Carlos Dominguez said the Duterte administration will not fall into a "debt trap" with China because it has "learned much from a previous administration’s scandalous mismanagement of Chinese financing." Read more »

BPI prices inaugural peso bonds, worth P25 billion

ABS-CBN News
Updated as of Nov 20 10:23 AM

BPI said the issue size was increased to P25 from the initial guidance of P5 billion and the consolidated order book reached P38 billion. Read more »

Household loans decelerate in July: Bangko Sentral

ABS-CBN News
Posted at Aug 31 06:00 PM

Loans for household consumption slowed to 16.9 percent in July from the revised 17.8 percent in June, the BSP said in a statement.  Read more »

Philippines sells $1.39 billion in Samurai bonds

ABS-CBN News
Posted at Aug 08 09:37 AM

The transaction size had a dollar equivalent of $1.39 billion, Finance Secretary Carlos Dominguez said in a statement. Read more »

Utang sa credit card, bangko, posibleng tumaas ang interes

ABS-CBN News
Posted at Jun 22 12:25 AM

May basehan ang mga bangko ngayon upang magtaas din ng kanilang interes sa credit card at iba pang pautang. Read more »

Philippines to sell $1 billion in samurai bonds

ABS-CBN News
Posted at Jun 19 02:08 PM

The samurai bonds may be issued in September or October, Dominguez said in a briefing for Japanese investors in Tokyo, according to a statement from his office. Read more »

Treasury to sell minimum P30 billion in retail bonds on May 30

Reuters
Posted at May 25 03:12 PM

Pricing will be set at an auction on May 30 and issuance is on June 13. Read more »

Treasury rejects bids for 182-day, 364-day T-bills

Reuters
Posted at Apr 02 03:25 PM

The Bureau of Treasury rejected all bids at a regular auction to sell 182-day and 364-day Treasury bills on Monday. Read more »

Treasury launches 10-year US dollar bonds

Reuters
Posted at Jan 18 03:18 PM

The Philippines on Thursday launched 10-year US dollar bonds, the Bureau of Treasury said, to help fund President Rodrigo Duterte's record budget this year. Read more »

Gov't readies dollar bond sale in early 2018

ABS-CBN News
Posted at Jan 08 12:17 PM

The Philippines may sell dollar bonds "between now and February," Finance Secretary Carlos Dominguez said Monday. Read more »

Gov't plans P889.7-B in borrowings next year

Reuters
Posted at Jun 19 11:56 AM

The Philippine government plans to borrow P889.7 billion ($17.9 billion) from local and foreign sources next year to help finance its budget deficit and pay off debts, documents from the Bureau of the Treasury showed. Read more »