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#OFWTips: Getting out of bad debt

Aug 03, 2016 - 5:50 PM

Burdened by debt? Here are some tips from wealth expert Vince Rapisura

#OFWTips: Getting out of bad debt

FDC calls Aquino 'biggest loan addict' among leaders since 1986

Feb 20, 2016 - 8:59 AM

(3rd UPDATE) An official of the Department of Finance, however, refutes the civic group's claims, saying that debt indicators are 'at the best they have ever been since 1986'

FDC calls Aquino 'biggest loan addict' among leaders since 1986

5 money lessons for newlyweds

Mar 17, 2015 - 11:15 AM

Because marriage is a life-long commitment, it is best to iron out differences and make compromises as early as possible

5 money lessons for newlyweds

Are you financially fit?

May 06, 2014 - 11:48 AM

Check your personal financial ratios

Are you financially fit?

Getting a credit card? Pay your debt first

Mar 09, 2014 - 12:00 PM

If you have outstanding payables, don't add to your burden by getting an additional billing statement in your mailbox every month

Getting a credit card? Pay your debt first

BSP to local govts: Ask permission before borrowing

Sep 02, 2013 - 11:08 AM

All local loans of local government units must have prior approval of the Monetary Board before banks release them

BSP to local govts: Ask permission before borrowing

PSALM to borrow P20-B from govt in Q4

Jul 29, 2013 - 11:54 AM

State-owned Power Sector Assets and Liabilities Management Corp. (PSALM) has reduced its borrowing program for the year

Moody's lifts US outlook to 'stable' from 'negative'

Jul 19, 2013 - 1:10 PM

Ratings firm Moody's raises its outlook on the United States to 'stable' from 'negative,' citing progress in putting the federal government's debt on a more sustainable path

Why San Miguel shares tanked

Jul 17, 2013 - 10:43 PM

San Miguel president Ramon Ang blasts a report hinting the country's biggest business group is on the verge of defaulting on its debts

Why San Miguel shares tanked

Brazil announces $6.65-B spending cut

Jul 06, 2013 - 11:56 AM

The announcement was meant to reassure financial markets by signaling that Brasilia can maintain fiscal discipline

Brazil announces $6.65-B spending cut

China vows to keep cash flowing after market jitters

Jun 28, 2013 - 12:07 PM

China's central bank says it would 'adjust' liquidity to ensure stability after a weeks-long squeeze that has rattled financial markets

China vows to keep cash flowing after market jitters

China credit squeeze raises worry over economy

Jun 21, 2013 - 6:57 PM

Analysts warn the cash crisis is raising worries over the already slowing Chinese economy

China credit squeeze raises worry over economy

Each Filipino owes P56,468 in April

Jun 15, 2013 - 8:15 AM

Debt stock of the government at end-April reaches P5.039 trillion, P27.3 billion more from March

Each Filipino owes P56,468 in April

Debt-to-GDP hits record low in Q1

May 31, 2013 - 4:19 PM

The government's debt-to-GDP eased to 48.9% in the first quarter, reflecting a lower share of the country's economic output being allocated for debt payments

No more foreign borrowing for PH in 2013

Apr 23, 2013 - 6:30 PM

The local bond market and concerns about the strong peso prompt the Philippines, one of the most active players in the global bond market, to no longer tap the foreign commercial debt market this 2013

No more foreign borrowing for PH in 2013

PH debt reaches P5.4-T in 2012

Feb 20, 2013 - 5:52 PM

Each Filipino owe foreign and domestic creditors P57,840 at end-2012

PH debt reaches P5.4-T in 2012

Reader's Digest is bankrupt - report

Feb 18, 2013 - 4:32 PM

The publisher of iconic magazine Reader's Digest files for bankruptcy to cut its debt and focus on online media

Reader's Digest is bankrupt - report

San Miguel, Lopez holding firm pare down debt

Feb 08, 2013 - 4:06 PM

Two of the country's biggest business groups announce moves to reduce their debts and take advantage of favorable market conditions

Ayala's Globe completes takeover of Lopez's Bayantel

Dec 27, 2012 - 3:42 PM

Gobe says it has assumed 98.26% of Bayantel's debt and 100% of RCPIs debts

Globe sweetens tender offer to remaining Bayan creditors

Dec 05, 2012 - 8:11 PM

Ayala-led Globe Telecom has dangled more sweeteners to its tender offers to holders of debt instruments of the Lopez-led Bayan Telecommunications

Globe sweetens tender offer to remaining Bayan creditors

Each Filipino owes P55,457 as PH debt climbs to P5.2-T in Sept

Nov 13, 2012 - 9:44 PM

The total outstanding debt of the national government reached P5.213 trillion as of September, bringing the equivalent debt of each of the 94 million Filipinos to P55,457

Each Filipino owes P55,457 as PH debt climbs to P5.2-T in Sept

National debt up 6% to P5.1-T in June

Aug 13, 2012 - 3:25 PM

National debt reached P5.1 trillion as of end-June, slightly up 6.4% against year-ago levels but P46.67 billion less from end-May 2012 level

BIR exceeds June target tax collections

Jul 12, 2012 - 12:31 PM

The tax agency collected P81.34 billion for June, 7.88% higher than the target of P74.5 billion for the month

BIR exceeds June target tax collections

Philippines, Italy enter into P158-M debt-for-development swap

Jun 13, 2012 - 3:20 PM

The Philippines signs a deal to convert its P158-M debt to Italy into development projects worth the same amount

Indonesia to restrict the use of subsidized fuel

May 30, 2012 - 4:52 PM

Indonesia plans to restrict the use of subsidized fuel in a bid to shield the state from surging costs after the government failed to pass a price hike through parliament in March

Indonesia to restrict the use of subsidized fuel

Moody's upgrades outlook for PLDT

May 30, 2012 - 3:48 PM

A day after Moody's Investor Service revised its outlook for the Philippines, the international debt watcher says it is also revising its rating outlook for the country's largest telco firm

Moody's upgrades outlook for PLDT

Spain's borrowing risk premium rises to record

May 30, 2012 - 3:47 PM

German 10-year borrowing rates fell to a record low level on Wednesday, May 30, and the gap with the interest rate which Spain must pay widened also to a record

Greece faces repeat elections as coalition talks collapse

May 16, 2012 - 9:31 AM

Debt-stricken Greece must hold fresh elections after talks on forming a new government broke up without agreement Tuesday, May 15, prolonging a tortuous crisis which could see Athens exit the troubled eurozone

Greece faces repeat elections as coalition talks collapse

Gov't owes 57.5% of P4.9-T debt to local creditors

May 09, 2012 - 6:46 PM

In keeping with the strategy to borrow more from domestic sources instead of foreign ones, bulk of the government's total outstanding debt as of end-February are owed to domestic creditors

Gov't owes 57.5% of P4.9-T debt to local creditors

PH forex reserves post third monthly decline in April

May 07, 2012 - 4:47 PM

Forex reserves are down due to government debt payments

Total Philippine debt climbs 5.3% to P4.99-B in January

Apr 15, 2012 - 4:20 AM

The government’s total outstanding debt climbed by 5.3% in January as fiscal agencies turned more to local investors to help plug the budget deficit

Gov't debt payments down 48% to P60-B in Feb

Apr 12, 2012 - 12:46 PM

The government debt payments reached P60.439 billion in February, down 48% from P116.52 billion in the February 2011

Amid debt crisis, archaeology becomes Greece's Achilles heel

Apr 05, 2012 - 1:13 PM

Faced with massive public debt, Greece is finding that its fabled antiquity heritage is proving a growing burden -- with licensed digs postponed, illegal ones proliferating, museum staff trimmed and valuable pieces stolen

Investors snap P5,000-worth retail bonds

Feb 23, 2012 - 5:26 PM

Treasury has decided to stop the sale of its recent retail treasury bonds (RTB) after only 3 days as cash-flushed investors snapped state-backed instrument that requires a minimum investment of P5,000

Philippines, from IMF borrower to lender

Feb 22, 2012 - 4:26 AM

The Philippines lent over $125 million to the ailing economies in Europe through the IMF in 2011

Despite euro crisis, PH bonds raise USD 1.5-B

Jan 05, 2012 - 4:25 PM

Investor confidence in the Philippines makes it easier to access funds for roads, ports, school buildings

PH eyes USD 1.5-B global bond to fund spending

Jan 04, 2012 - 2:45 PM

These debts will help fund the P142-billion budget for roads, ports and school buildings