Tag: Government Debt

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Outstanding government debt up slightly in May

The outstanding debt of the Philippine government rose to P16.92 trillion at the end of May 2025, up nearly 1 percent from April, according to the Bureau of the Treasury (BTr). Despite the increase, the agency described the debt level as “manageable,” citing steady market confidence and prudent borrowing strategies.

Philippine debt edges higher, still controlled

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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Amertron expands Clark operations amid AI demand surge 

Semiconductor manufacturer Inari Amertron Inc. (Amertron) is expanding its Clark operations, adding about 600 jobs and increasing production capacity by around 30 percent as the global artificial intelligence (AI) boom fuels demand for advanced chips and electronics.

APECO seeks for Pacific gateway projects 

The Aurora Pacific Economic Zone and Freeport Authority (APECO) is stepping up its bid to transform Aurora into the country's next Pacific gateway, seeking government support to prepare four big-ticket infrastructure projects for private investment.

Delta nonstop Manila flights lift US tourism prospects

The Philippines is poised to strengthen its biggest inbound tourism market after Delta Air Lines announced its first-ever nonstop flights between Los Angeles and Manila, adding capacity to a route fueled by leisure travel, business demand and one of the world's largest Filipino diaspora communities.

Cebu sees surge in interest from Vietnamese summer travellers

Cebu has emerged as the fastest-growing destination for Vietnamese tourists ahead of the upcoming summer travel season, according to data from the digital travel platform Agoda.

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