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Topic: loans

Mga ekonomista, publiko hati sa posibleng dagdag-buwis

Mga ekonomista, publiko hati sa posibleng dagdag-buwis

ABS-CBN News
Posted at May 27 08:21 PM

Iginiit ng iba na kailangang maghigpit ng sinturon dahil sa laki ng babayarang utang sa bansa. Read more »

Filing says Elon Musk to borrow less in Twitter bid

Filing says Elon Musk to borrow less in Twitter bid

Agence France-Presse
Posted at May 26 09:07 AM

Elon Musk notified US regulators that he will rely less on loans in his bid to buy Twitter, as he and partners put $33.5 billion into the deal. Read more »

BSP says higher GDP growth seen in Q2

BSP says higher GDP growth seen in Q2

Warren De Guzman, ABS-CBN News
Posted at May 19 06:02 PM

The Philippine economy in the second quarter could breach the higher-than-expected 8.3 percent expansion in the previous quarter, the BSP said. Read more »

China-backed projects testament to Sri Lanka's mismanagement

China-backed projects testament to Sri Lanka's mismanagement

Aishwarya Kumar, Agence France-Presse
Posted at May 10 08:04 PM

Many of the white-elephant projects that helped fuel the crisis now gather dust in Hambantota district, home of the powerful Rajapaksa clan. Read more »

SBCorp launches loan program for MSMEs

SBCorp launches loan program for MSMEs

Jekki Pascual, ABS-CBN News
Posted at May 06 04:59 PM

The state-owned Small Business Corp (SBCorp) on Friday launched a new loan program for businesses that have been affected by the COVID-19 pandemic. Read more »

Metrobank posts P8-B net income in first quarter 2022

Metrobank posts P8-B net income in first quarter 2022

ABS-CBN News
Posted at Apr 29 11:50 AM

Metropolitan Bank & Trust Company on Friday said it posted a net income of P8 billion in the first quarter of 2022. Read more »

BDO posts P42.8 billion net income in 2021

BDO posts P42.8 billion net income in 2021

ABS-CBN News
Posted at Apr 25 10:55 AM

BDO Unibank said Monday its net income for the year 2021 reached P42.8 billion, higher by 51 percent compared to the previous year. Read more »

BDO posts P11.7-B net income for Q1 2022

BDO posts P11.7-B net income for Q1 2022

ABS-CBN News
Posted at Apr 22 04:22 PM

BDO Unibank said its net income for the first quarter of 2022 rose 13 percent to P11.7 billion. Read more »

How to get into business class with credit card points

How to get into business class with credit card points

Aneth Ng-Lim
Posted at Apr 04 04:19 PM

When it comes to rewards points, it’s important to know if they expire. Read more »

Bank lending expands in February

Bank lending expands in February

ABS-CBN News
Posted at Mar 31 04:59 PM

BSP said said the outstanding loans of universal and commercial banks, net of reverse repurchase placements, grew 8.8 pct year-on-year in February. Read more »

PH posts P12.09 trillion debt in February

PH posts P12.09 trillion debt in February

ABS-CBN News
Posted at Mar 31 11:40 AM

The Philippines posted a total of P12.09 trillion in outstanding national government debt as of the end of February, the Bureau of Treasury said. Read more »

S&P cuts Russia's ratings to 'CC' on debt default risk

S&P cuts Russia's ratings to 'CC' on debt default risk

Reuters
Posted at Mar 18 08:22 AM

S&P on Thursday lowered its long-term sovereign credit rating on Russia to "CC" from "CCC-", as the country reported difficulties meeting debt-service payments on the due date on its US dollar-denominated 2023 and 2043 Eurobonds. Read more »

Philippine debt hits P12.03 trillion in January 2022

Philippine debt hits P12.03 trillion in January 2022

ABS-CBN News
Posted at Mar 04 10:38 AM

The national government debt has reached P12.03 trillion as of the end of January, the Bureau of Treasury said Friday. Read more »

High debt-to-GDP ratio not cause for worry: BSP

High debt-to-GDP ratio not cause for worry: BSP

ABS-CBN News
Updated as of Mar 01 12:51 PM

The Philippines' over 60 percent debt-to-GDP ratio for 2021 is not a cause for concern, Bangko Sentral ng Pilipinas Governor Benjamin Diokno said Tuesday. Read more »

How to wipe out your record of credit card debt

How to wipe out your record of credit card debt

Aneth Ng-Lim
Updated as of Feb 28 06:10 PM

Sorry to burst your bubble but your unpaid debt is not a secret that will stay only with you and the bank or credit card company you owe. Read more »

Bank lending expands 8.5 pct in January: BSP

Bank lending expands 8.5 pct in January: BSP

ABS-CBN News
Posted at Feb 28 02:42 PM

Bank lending expanded further for the 6th consecutive month in January, according to the latest data released by the Bangko Sentral ng Pilipinas on Monday. Read more »

US Fed official sees big hike at March meeting, warns of Ukraine impact

US Fed official sees big hike at March meeting, warns of Ukraine impact

Agence France-Presse
Posted at Feb 25 02:39 PM

The US economy is healthy enough that interest rates should go from their current zero level to one percent by summer, and the first hike could be twice as big as normal, Federal Reserve Governor Christopher Waller said. Read more »

Pag-IBIG to defer hike as fund posts strong performance

Pag-IBIG to defer hike as fund posts strong performance

Jekki Pascual, ABS-CBN News
Posted at Feb 24 06:42 PM

Pag-IBIG said it will defer the monthly contribution increase which was supposed to start this year, as the fund posts strong performance despite the pandemic. Read more »

Metrobank says net income up 60 pct in 2021

Metrobank says net income up 60 pct in 2021

ABS-CBN News
Posted at Feb 24 09:58 AM

Metropolitan Bank and Trust Company on Thursday said its net income rose 60 percent in 2021 partly driven by its strong earnings performance. Read more »

Cutting debt is top task of next admin: DOF

Cutting debt is top task of next admin: DOF

ABS-CBN News
Posted at Feb 22 04:21 PM

Bringing down the country’s debt, which ballooned during the pandemic, should be the first task of the next administration, said Finance Sec. Carlos Dominguez III. Read more »

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