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An official selects a journalist to ask a question at the news conference to release the white paper “Fighting COVID-19: China in Action” in Beijing on Sunday. China Daily/Asia News…
Six years after breaking into the American market and reuniting with its mother brand at the expense of an enlarged debt, Campos family-led Del Monte Pacific Ltd. (DMPL) completed the…
This year’s expected weak revenue take has forced the government to borrow more and in the process jack up the debt stock to a record-high P9.59 trillion by year’s end.…
Buenos Aires, Argentina — Argentina missed a Friday deadline to reach an agreement with international creditors to restructure its massive debt, but negotiations will continue, its minister for the economy…
A five-month record low inflation in April allowed the Bureau of the Treasury to award P15 billion in 35-day T-bills at a lower rate on Tuesday (May 5). It helped…
National government debt rose slightly in March to P8.18 trillion, or twice the national budget in 2020, as an increase in domestic borrowing that month offset payments made on foreign…
President Rodrigo Duterte’s chief economic manager on Tuesday (April 14) said Sen. Imee Marcos’ proposal to suspend Philippine debt payments was “narrow sighted” and was not likely to be adopted…
UNITED NATIONS — The International Monetary Fund approved $500 million on Monday to cancel six months of debt payments for 25 of the world’s most impoverished countries so they can…
FDC and FLI president Josephine Gotianun-Yap. INQUIRER file photo Gotianun-led conglomerate Filinvest Development Corp. (FDC) has fully retired $300 million worth of offshore debt using excess cash and proceeds from…
While loans from China to its bilateral partners like the Philippines carry higher interest rates than the World Bank’s, Washington-based Center for Global Development (CDG) said these would not lead…
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