debt | ABS-CBN News

Mga grupo nababahala sa itinatakbo ng COP27

ABS-CBN News
Posted at Nov 19 12:18 AM

Nagpahayag ng pagkabahala ang iba't-ibang environmental at civil society organizations sa itinatakbo ng pag-uusap ng mga lider ng iba't-ibang bansa sa COP27 na ginaganap sa Egypt patungkol sa climate change. Read more »

THE DAY IN PHOTOS: November 14, 2022

ABS-CBN News
Posted at Nov 14 11:37 PM

Here are the day's top stories in photos. Read more »

Climate advocates call for reparation for climate debt

Jire Carreon, ABS-CBN News
Posted at Nov 14 03:10 PM

Civil society groups demanded the delivery of adequate and accessible climate finance, the establishment of a loss and damage fund, as well as reparations for the climate debt owed by rich countries to poor and vulnerable countries. Read more »

Hundreds join cycling event to address climate change

ABS-CBN News
Updated as of Nov 06 11:18 AM

Hundreds of cyclists across Metro Manila took part in the Pedal for the People and Planet event on Sunday, calling for climate reparations. Read more »

Dissecting Dennis Uy's mountain of debt

Warren de Guzman, ABS-CBN News
Updated as of Nov 03 11:18 PM

Just adding up the total liabilities of Dennis Uy's listed companies puts his debt level at P287.86 billion as of the end of June 2022. Read more »

PH debt grows to P13.52 trillion amid peso weakness

ABS-CBN News
Posted at Nov 03 04:32 PM

The Philippines' sovereign debt hit P13.52 trillion in September partly due to the peso depreciation against the US dollar, the Bureau of Treasury said. Read more »

Fitch keeps Philippines' BBB rating with negative outlook

ABS-CBN News
Updated as of Oct 27 06:40 PM

Fitch said the 'BBB' rating balances strong growth, external finances and a credible economic policy framework against lagging structural indicators. Read more »

Joe Biden attends student debt event

Jim Lo Scalzo, EPA-EFE
Posted at Oct 22 11:50 AM

US President Joe Biden departs the White House in Marine One for a student debt event in Delaware, in Washington, DC, USA on Friday Read more »

BOP deficit widens, gross reserves fall in Sept

ABS-CBN News
Posted at Oct 19 04:43 PM

The Philippines posted a balance of payments deficit of $2.3 billion in September, while gross international reserves declined to $93 billion. Read more »

'High interest rate, elevated inflation to slow household consumption'

ABS-CBN News
Updated as of Oct 14 11:55 AM

Household consumption could slow down in the next few months due to interest rate hikes by the central bank and elevated inflation, an economist said. Read more »

‘Cancel illegitimate debts’

Mark Demayo, ABS-CBN News
Posted at Oct 13 03:58 PM

Multi-sectoral groups hold a protest march towards the Philippine Senate in Pasay City on Thursday, to demand debt cancellation and the repeal of the Automatic Appropriations Law. Read more »

UnionBank, Lazada partner to offer loans to select shoppers

ABS-CBN News
Posted at Oct 10 09:38 AM

UnionBank of the Philippines said it signed a memorandum of understanding with Lazada to offer loans to customers that are also under UnionBank payroll. Read more »

Embattled Credit Suisse to buy back $3-B debt

Agence France-Presse
Posted at Oct 07 04:57 PM

Troubled Swiss banking giant Credit Suisse announced plans to buy back up to 3 billion Swiss francs of debt. Read more »

IMF chief says world better prepared for this crisis

Heather Scott and Erwan Lucas, Agence France-Presse
Posted at Oct 07 05:33 AM

The global economy is at a difficult crossroads, but the IMF's Kristalina Georgieva said institutions are better prepared to weather this storm. Read more »

Marcos administration umutang ng panibagong 2 bilyong dolyar

ABS-CBN News
Posted at Oct 06 11:20 PM

Bawat Pilipino ay may utang na higit P100,000 para mabayaran ang utang ng bansa, ayon sa eksperto. Read more »

PH borrows $2 billion from foreign lenders via bonds

ABS-CBN News
Updated as of Oct 06 06:07 PM

The Philippines has borrowed $2 billion from foreign lenders via a bond offering to fund its budget, the Bureau of Treasury said on Thursday. Read more »

Why Filipinos have P118,000 debt each

ABS-CBN News
Updated as of Oct 04 02:46 PM

The Philippine government is challenged to raise more revenues to cover amortization payments for its debt, which has ballooned to thirteen trillion pesos. Read more »

PH debt rises to P13.02 trillion as of end-August

ABS-CBN News
Updated as of Sep 30 04:17 PM

The national government's total outstanding debt rose to P13.02 trillion as of the end of August, the Bureau of Treasury said. Read more »

Climate groups protest Japan’s promotion of LNGs

George Calvelo, ABS-CBN News
Posted at Sep 28 02:26 PM

Climate justice groups protested against the Japanese government’s alleged promotion of “false solutions” at the Tokyo GX Week, a two-week long international conference on various green transformation topics. Read more »

China must do more to help avoid debt crisis: US official

Agence France-Presse
Posted at Sep 21 03:10 AM

Estimates of the total of outstanding Chinese official loans range widely to as much as $1 trillion, a senior US Treasury official said. Read more »