Government outstanding debt rises by P99.44B to P14.24T in July
The Philippines’ outstanding national government debt increased further in July, rising by P96.44 billion to P14.24 trillion.
US judge says Universal Entertainment does not have to close SPAC deal
A Delaware judge ruled on Thursday that an affiliate of Japan’s Universal Entertainment Corp does not have to complete a special purpose acquisition company merger deal with 26 Capital Acquisition Corp that related to Okada Manila, the largest casino in the Philippines, a Reuters report said.
Germany stuns US; meets Serbia in all-Europe FIBA World Cup 2023 Finals
Germany, 11th in the FIBA world rankings, stunned the U.S. and the rest of the basketball world Friday night as it wrested the last slot in the finals of the 2023 FIBA World Cup, arranging an all-Europe championship with sixth-ranked Serbia.
Philippines July trade balance still in deficit; narrower on-year at $4.20B
The Philippines’ balance of trade with the rest of the world still showed a wide deficit in July, with exports still lagging the value of products bought by the country to sustain the economy.
Global goods trade show signs of upturn in Q2—WTO
Trade in global goods showed signs of a turnaround in the second quarter of 2023, driven by strong automobile production and sales, according to the World Trade Organization (WTO).
