Gov’t outstanding debt decreases to P12.50T
The government’s total outstanding debt as of end-May 2022 declined P267.41 billion or 2.1 percent to P12.50 trillion from the ...
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Debt-free Alphaland has P1.5 billion cash
“The Balesin idea: attract the world’s high net worth individuals to enjoy the most unique beach resort and nature enclaves” ...
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Better economy, higher debt await next admin — BSP
The Bangko Sentral ng Pilipinas (BSP) on Monday said the incoming administration will inherit a better economy, but faces higher ...
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PH debt soars to P12.68T, Palace vows ‘for good use’
The Philippines has recorded P12.68 trillion in outstanding debt as of end-March this year, compared to the P12.09 trillion recorded ...
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IMF asks Sri Lanka to restructure debt before bailout
The International Monetary Fund said on Wednesday that it has asked cash-strapped Sri Lanka to "restructure" its huge foreign debt ...
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High debt could slow countries’ recoveries, IMF warns
NEW York, United States—Debt accumulated by businesses and individuals worldwide could slow economic recoveries from the pandemic crisis, the IMF ...
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Citing high inflation, Fitch downgrades Turkey to ‘B+’
WASHINGTON, United States—Fitch Ratings on Friday downgraded Turkey’s debt from BB- to B+ with a negative outlook, citing high inflation ...
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Despite looming P13-T debt, Isko to push projects
With the specter of inheriting an estimated P13-trillion debt, Manila Mayor Isko Moreno Domagoso on Friday said that if elected ...
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PhilHealth: We owe hospitals P16 billion, not P20 billion
State-run Philippine Health Insurance Corporation (PhilHealth) clarified Friday it owed private hospitals around P16 billion—and not P20 billion as claimed ...
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Evergrande pays overdue interest on offshore bond
Beijing, China—China’s troubled property giant Evergrande has made a key offshore interest payment a day ahead of a weekend deadline, ...
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Manila Standard website (manilastandard.net), launched in August 2002, extends the newspaper’s reach beyond its traditional readers and makes its brand of Philippine news and opinion available to a much wider and geographically diverse readership here and overseas.