Tag: Government Debt

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Philippine debt edges higher, still controlled

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Outstanding Philippine government debt ticked up slightly to P16.684 trillion by end-March 2025, a 0.31 percent month-on-month increase, signaling stability rather than strain.

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Digital lender launches CIMB Prime with 3.5% interest rate and zero fees

Banking & Insurance 0
CIMB Bank Philippines has introduced CIMB Prime, a new premium banking segment offering higher interest rates, reduced fees, and priority customer service for qualified clients.

Philippines courts hybrid export hub with Mitsubishi

Transport & Logistics 0
The Department of Finance said Monday the Philippines is on track to produce its first locally manufactured hybrid vehicles, as Mitsubishi Motors Corp. advances plans to set up dedicated hybrid electric vehicle (HEV) production at its Philippine unit’s plant in Santa Rosa, Laguna.

Philippines pushes inclusive, resilient ASEAN finance agenda

Banking & Insurance 0
As this year’s chair of the Association of Southeast Asian Nations (ASEAN), the Philippines will steer a round of financial talks, setting the tone for deeper regional cooperation to boost economic activity and expand financial inclusion across Southeast Asia.

NTA steps in to resolve tobacco pricing, grading issues

Agriculture 0
The National Tobacco Administration (NTA) has ordered its branch offices to quickly arrange talks between tobacco farmers and buyers whenever disputes arise, especially on grading and pricing.

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