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.
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.
For Philippine manufacturers, the next factory may require more than retained earnings and a friendly bank. The Securities and Exchange Commission (SEC) is urging them to look beyond traditional financing and prepare to tap the capital markets as they scale up.
In high school, our mentors taught us noun declensions, Caesar’s campaigns in Gaul and four-part harmony. Somewhere between Latin and music, we also acquired the comforting belief that we were neither rich nor poor. With P50 in our pockets, we could go places and still come home with change. Life was a picnic. We did not realize the picnic had an expiry date.
The road to a MICHELIN award does not always pass through a famous culinary school. Sometimes, it begins with an overseas job, a stint aboard a ship, and years spent building a career far from home.