IMF, World Bank begin push to swap debt relief for green projects
The idea of forgiving debt held by poor countries in exchange for "green" investments gained ground this week during the ...
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Petron to issue US dollar-denominated securities
Oil refiner Petron Corp. said Thursday it plans to issue US-dollar senior perpetual capital securities as part of capital raising ...
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Phoenix board okays plan to sell assets to lower debt
Phoenix Petroleum Philippines Inc. said Wednesday its board granted an authority to the management to negotiate with third parties on ...
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PhilHealth to settle P265 million due to PRC
The Philippine Health Insurance Corporation (PhilHealth) will pay the Philippine Red Cross (PRC) P265 million in dues this week after ...
Read moreDebt of poorest countries hit record $744 billion in 2019: World Bank
The debt of the world's poorest countries hit a record $744 billion in 2019 prior to the coronavirus pandemic but ...
Read moreRoxas & Co. restructures P2.6-b debt
Roxas and Co. Inc., the listed holding company of the Roxas Group, said it restructured P2.6 billion worth of debt ...
Read moreMiddle-class Chileans protest crushing debt
By Jordane Bertrand It is not poverty that is driving Chile’s middle class into the streets to join massive protests: ...
Read moreDebt default to worsen Venezuela’s problems
CARACAS"•Luber Faneitte has lung cancer but there’s no medicine to treat it. She cannot make ends meet. Crime is rampant ...
Read moreCan China inflate its debt away?
By Christopher Balding China is witnessing something most of the world’s major economies haven’t seen in quite some time: rising ...
Read moreJapan has to spend less on well-off elderly
By Noah Smith When discussing Japan’s debt, most people get caught up in the issue of fiscal solvency. As everyone ...
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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.