Debt

How big is the Philippine debt? It’s P10.3 trillion—P647 billion of it for COVID response

Published by rudy Date posted on March 29, 2021

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Unpaid consumer loans hit near 10-year peak in September

Published by rudy Date posted on February 2, 2021

by Ian Nicolas Cigaral (Philstar.com), 2 Feb 2021 MANILA, Philippines — Soured consumer loans held by banks soared to their highest level in nearly a decade as of the third quarter last year, as several households struggled to pay debts after a pandemic-induced recession threw job markets into turmoil

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Unpaid consumer loans hit near 10-year peak in September

Published by rudy Date posted on February 2, 2021

By Ian Nicolas Cigaral(Philstar.com), 2 Feb 2021 MANILA, Philippines (UPDATE 7:56 a.m., Feb. 3) — Soured consumer loans held by banks soared to their highest level in nearly a decade as of the third quarter last year, as several households struggled to pay debts after a pandemic-induced recession threw job markets into turmoil.

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Government foreign borrowings surge to $13 billion in 9 months

Published by rudy Date posted on October 24, 2020

by Lawrence Agcaoili (The Philippine Star), 24 Oct 2020 MANILA, Philippines — Foreign borrowings by the national government surged by 44.2 percent to $13.14 billion in the nine months to September as the country turned to the offshore debt market for more funds to bankroll key infrastructure projects and to control the COVID-19 pandemic.

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BSP issues guidelines for 60-day debt reprieve

Published by rudy Date posted on September 30, 2020

by Lawrence Agcaoili (The Philippine Star), 30 Sep 2020 MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) has approved the guidelines of a new law extending a 60-day grace period for the repayment of all existing loans to ease the burden of consumers and companies severely affected by the COVID-19 pandemic.

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Banks told to implement debt reprieve

Published by rudy Date posted on September 20, 2020

by Lawrence Agcaoili (The Philippine Star), 20 Sep 2020 MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) has directed banks and other financial institutions to immediately comply with the provisions of a new law including the 60-day reprieve on loan payments amid the coronavirus disease 2019 or COVID-19 pandemic.

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PH corporate debt rising fastest in Asean, says S&P

Published by rudy Date posted on October 8, 2014

MANILA – Philippines companies racked up debt faster than their Asean peers in the last seven years. In a report released today, Standard and Poor’s (S&P) said 17 of the Philippines’ biggest companies nearly tripled their debt holdings between 2008 and the first quarter of 2014.

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Foreign debt rises 4.4% to $59.8 billion in Q3

Published by rudy Date posted on December 30, 2010

MANILA, Philippines – The country’s external debt rose to $59.8 billion as of end-September 2010, 4.4 percent higher than the $57.3 billion recorded as of end-June, Bangko Sentral ng Pilipinas Governor Amando M. Tetangco Jr. reported yesterday.

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July 30 – World Day
Against Trafficking in Persons

“One life trafficked, one too many!”

 

Invoke Article 33 of the ILO constitution
against the military junta in Myanmar
to carry out the 2021 ILO Commission of Inquiry recommendations
against serious violations of Forced Labour and Freedom of Association protocols.

 

Accept National Unity Government
(NUG) of Myanmar.
Reject Military!

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Time to support & empower survivors.
Time to spark a global conversation.
Time for #GenerationEquality to #orangetheworld!
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