The foreign debt of the Philippines climbed by nearly $10 billion, or 8.3 percent, to reach $128.7 billion as of end-March from a year ago, the Bangko Sentral ng Pilipinas (BSP) said over the weekend.
It said that on a quarter-on-quarter basis, the external debt rose 2.6 percent from $125.4 billion as of end-December 2023.
The BSP said despite the uptick in the debt stock, the external debt ratio (EDT expressed...
Society Pass Inc. (Nasdaq: SOPA), a leading Southeast Asian data-driven loyalty platform, announced Tuesday the acquisition of Pushkart.ph a leading online grocery delivery service...
Solar Philippines Nueva Ecija Corp. (SPNEC) plans to raise P10 billion from a stock rights offering.
SPNEC said in a disclosure to the stock exchange...
TOKYO, Japan—Japan’s economy rebounded in the last part of 2021, as virus cases slowed and restrictions were eased, spurring demand before the Omicron wave...