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                    [Title] => Government debt payments soar to P189 billion in August
                    [Summary] => The government jacked up its debt service by almost three times to P189 billion in August, with the bulk going to amortization to domestic lenders.
                    [DatePublished] => 2023-10-30 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1475310
                    [AuthorName] => Louise Maureen Simeon
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => https://media.philstar.com/photos/2023/10/29/9_2023-10-29_18-20-32774_thumbnail.jpg
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            [1] => Array
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                    [ArticleID] => 943247
                    [Title] => Bank resources up slightly to P8.229T in Jan-Feb
                    [Summary] => 
Bank resources bounced back in February as a slight decrease in funding for big lenders was more than offset by an increase in those of thrift banks, data from the Bangko Sentral ng Pilipinas (BSP) showed.

                    [DatePublished] => 2013-05-18 00:00:00
                    [ColumnID] => 0
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                    [SectionName] => Business
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                    [ArticleID] => 922403
                    [Title] => Gov't urged to end '5-6' practices
                    [Summary] => 
Senatorial bet Eddie Villanueva on Thursday said the government should institute a policy to end the culture of  “kapit sa patalim (gripping the knife’s edge)” that is so prevalent among poor Filipinos by putting a stop to "5-6" and other unconscionable lending practices.

                    [DatePublished] => 2013-03-21 15:29:27
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                    [SectionName] => Nation
                    [SectionUrl] => nation
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                    [ArticleID] => 798229
                    [Title] => Consumer watchdog eyes discrimination by lenders
                    [Summary] => 
The Obama administration's consumer-finance  watchdog says it is cracking down on lenders that discriminate against  minorities and women.
                    [DatePublished] => 2012-04-19 04:40:00
                    [ColumnID] => 133272
                    [Focus] => 0
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                    [SectionUrl] => 
                    [URL] => 
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                    [ArticleID] => 534580
                    [Title] => Some US newspaper publishers that filed Chapter 11
                    [Summary] => 
A look at some of the other newspaper publishers that have filed for Chapter 11 protection
                    [DatePublished] => 2009-12-22 09:27:53
                    [ColumnID] => 133272
                    [Focus] => 0
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                    [ArticleID] => 460492
                    [Title] => Chrysler's fate rests with debtors as clock ticks
                    [Summary] => NEW YORK (AP) – With a government deadline just seven days away, Chrysler LLC is running out of time to work out deals with debtholders, its unions and a foreign partner.
                    [DatePublished] => 2009-04-24 16:55:59
                    [ColumnID] => 133272
                    [Focus] => 0
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                    [ArticleID] => 460469
                    [Title] => Chrysler's fate rests with debtors as clock ticks
                    [Summary] => NEW YORK (AP) – With a government deadline just seven days away, Chrysler LLC is running out of time to work out deals with debtholders, its unions and a foreign partner.
                    [DatePublished] => 2009-04-24 12:10:56
                    [ColumnID] => 133272
                    [Focus] => 0
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                    [SectionUrl] => 
                    [URL] => 
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                    [ArticleID] => 272887
                    [Title] => De Venecia seeks debt-to-equity conversion for RP
                    [Summary] => Speaker Jose de Venecia Jr. urged lenders yesterday — whether nations or banks — to convert part of billions of dollars in loans to poor nations into equity for infrastructure and other social projects.


This is the only way poor and underdeveloped nations like the Philippines can begin to allocate more funds for development instead of paying the money to lenders as amortization for loan principal and interest, he told a group of parliamentarians attending the ongoing 112th Inter-Parliamentary Union assembly. 


                    [DatePublished] => 2005-04-06 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097047
                    [AuthorName] =>  Jess Diaz
                    [SectionName] => Headlines
                    [SectionUrl] => headlines
                    [URL] => 
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                    [ArticleID] => 98888
                    [Title] => Wincorp debunks raps
                    [Summary] => 

Westmont Investment Corp. (Wincorp) debunked yesterday allegations of fraud and
misrepresentation made by Pearlbank Securities and its president, Manuel Tan,
against the investment firm before the Securities and Exchange Commission
(SEC).

In a formal answer filed before the SEC, Wincorp cited documentary evidence
showing that the complainants, availing of a credit line signed by Tan and his
wife Juanita, borrowed a total of P324 million from several lenders through
Wincorp from Nov. 29, 1995 to October 1996.
                    [DatePublished] => 2000-05-03 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
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                    [SectionName] => Business
                    [SectionUrl] => business
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lenders

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                    [ArticleID] => 2307493
                    [Title] => Government debt payments soar to P189 billion in August
                    [Summary] => The government jacked up its debt service by almost three times to P189 billion in August, with the bulk going to amortization to domestic lenders.
                    [DatePublished] => 2023-10-30 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1475310
                    [AuthorName] => Louise Maureen Simeon
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => https://media.philstar.com/photos/2023/10/29/9_2023-10-29_18-20-32774_thumbnail.jpg
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                (
                    [ArticleID] => 943247
                    [Title] => Bank resources up slightly to P8.229T in Jan-Feb
                    [Summary] => 
Bank resources bounced back in February as a slight decrease in funding for big lenders was more than offset by an increase in those of thrift banks, data from the Bangko Sentral ng Pilipinas (BSP) showed.

                    [DatePublished] => 2013-05-18 00:00:00
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                    [SectionName] => Business
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                    [URL] => 
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                (
                    [ArticleID] => 922403
                    [Title] => Gov't urged to end '5-6' practices
                    [Summary] => 
Senatorial bet Eddie Villanueva on Thursday said the government should institute a policy to end the culture of  “kapit sa patalim (gripping the knife’s edge)” that is so prevalent among poor Filipinos by putting a stop to "5-6" and other unconscionable lending practices.

                    [DatePublished] => 2013-03-21 15:29:27
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                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Nation
                    [SectionUrl] => nation
                    [URL] => 
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                (
                    [ArticleID] => 798229
                    [Title] => Consumer watchdog eyes discrimination by lenders
                    [Summary] => 
The Obama administration's consumer-finance  watchdog says it is cracking down on lenders that discriminate against  minorities and women.
                    [DatePublished] => 2012-04-19 04:40:00
                    [ColumnID] => 133272
                    [Focus] => 0
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                    [SectionName] => 
                    [SectionUrl] => 
                    [URL] => 
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                (
                    [ArticleID] => 534580
                    [Title] => Some US newspaper publishers that filed Chapter 11
                    [Summary] => 
A look at some of the other newspaper publishers that have filed for Chapter 11 protection
                    [DatePublished] => 2009-12-22 09:27:53
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
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                    [ArticleID] => 460492
                    [Title] => Chrysler's fate rests with debtors as clock ticks
                    [Summary] => NEW YORK (AP) – With a government deadline just seven days away, Chrysler LLC is running out of time to work out deals with debtholders, its unions and a foreign partner.
                    [DatePublished] => 2009-04-24 16:55:59
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => 
                    [SectionUrl] => 
                    [URL] => 
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                    [ArticleID] => 460469
                    [Title] => Chrysler's fate rests with debtors as clock ticks
                    [Summary] => NEW YORK (AP) – With a government deadline just seven days away, Chrysler LLC is running out of time to work out deals with debtholders, its unions and a foreign partner.
                    [DatePublished] => 2009-04-24 12:10:56
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => 
                    [SectionUrl] => 
                    [URL] => 
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                    [ArticleID] => 272887
                    [Title] => De Venecia seeks debt-to-equity conversion for RP
                    [Summary] => Speaker Jose de Venecia Jr. urged lenders yesterday — whether nations or banks — to convert part of billions of dollars in loans to poor nations into equity for infrastructure and other social projects.


This is the only way poor and underdeveloped nations like the Philippines can begin to allocate more funds for development instead of paying the money to lenders as amortization for loan principal and interest, he told a group of parliamentarians attending the ongoing 112th Inter-Parliamentary Union assembly. 


                    [DatePublished] => 2005-04-06 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097047
                    [AuthorName] =>  Jess Diaz
                    [SectionName] => Headlines
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                    [URL] => 
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                (
                    [ArticleID] => 98888
                    [Title] => Wincorp debunks raps
                    [Summary] => 

Westmont Investment Corp. (Wincorp) debunked yesterday allegations of fraud and
misrepresentation made by Pearlbank Securities and its president, Manuel Tan,
against the investment firm before the Securities and Exchange Commission
(SEC).

In a formal answer filed before the SEC, Wincorp cited documentary evidence
showing that the complainants, availing of a credit line signed by Tan and his
wife Juanita, borrowed a total of P324 million from several lenders through
Wincorp from Nov. 29, 1995 to October 1996.
                    [DatePublished] => 2000-05-03 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
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abtest

Government debt payments soar to P189 billion in August

By Louise Maureen Simeon | October 30, 2023 - 12:00am

The government jacked up its debt service by almost three times to P189 billion in August, with the bulk going to amortization...

Business

Bank resources up slightly to P8.229T in Jan-Feb

May 18, 2013 - 12:00am

Bank resources bounced back in February as a slight decrease in funding for big lenders was more than offset by an increase in those of thrift banks, data from the Bangko Sentral ng Pilipinas (BSP) showed.

Business

Gov't urged to end '5-6' practices

March 21, 2013 - 3:29pm

Senatorial bet Eddie Villanueva on Thursday said the government should institute a policy to end the culture of  “kapit sa patalim (gripping the knife’s edge)” that is so prevalent among poor...

Nation

Consumer watchdog eyes discrimination by lenders

April 19, 2012 - 4:40am

The Obama administration's consumer-finance watchdog says it is cracking down on lenders that discriminate against minorities and women.

Some US newspaper publishers that filed Chapter 11

December 22, 2009 - 9:27am

A look at some of the other newspaper publishers that have filed for Chapter 11 protection

Chrysler's fate rests with debtors as clock ticks

April 24, 2009 - 4:55pm

NEW YORK (AP) – With a government deadline just seven days away, Chrysler LLC is running out of time to work out deals with debtholders, its unions and a foreign partner.

Chrysler's fate rests with debtors as clock ticks

April 24, 2009 - 12:10pm

NEW YORK (AP) – With a government deadline just seven days away, Chrysler LLC is running out of time to work out deals with debtholders, its unions and a foreign partner.

De Venecia seeks debt-to-equity conversion for RP

By Jess Diaz | April 6, 2005 - 12:00am

Speaker Jose de Venecia Jr. urged lenders yesterday — whether nations or banks — to convert part of billions of dollars in loans to poor nations into equity for infrastructure and other social projects. This...

Headlines

Wincorp debunks raps

May 3, 2000 - 12:00am

Westmont Investment Corp. (Wincorp) debunked yesterday allegations of fraud and misrepresentation made by Pearlbank Securities and its president, Manuel Tan, against the investment firm before the Securities...

Business