Tag page - utang

Filipino families tend to be more cautious and conservative in their approach to debt when compared to their neighbors in Southeast Asia. With a debt ratio of only 12.6 percent, Philippine households recorded the lowest debt burden compared to those in Indonesia, Vietnam, Singapore, Malaysia, and...

Many fans were hurt after Willie Revillame decided not to renew his contract with GMA-7. Some were quick to deem the the 61-year-old veteran TV host, actor, and singer as "walang utang na loob." On the last airing date of "Wowowin" on GMA, Willie took time to address the issue, reiterating...

If elected president, Ferdinand “Bongbong” Marcos Jr. said Wednesday, Jan. 19, he will not appoint anyone in a government position based on "utang na loob" or debt of gratitude), especially if he or she is not an expert in the field. Marcos Jr. said he might rather designate a political rival...

President Duterte said he would "personally see to it" that Senator Richard Gordon gets slapped with a criminal charge, possibly malversation, for allegedly failing to return some P86 million worth of public funds. President Rodrigo Duterte (left) and Senator Richard Gordon (Photos from...

Government debt snowballed to a record high of P11.61 trillion as of July this year. Peso bills Based on the Bureau of the Treasury’s report on Tuesday, Aug. 31, the public debt increased 26.7 percent from P9.164 trillion in the same month last year, or an addition of P2.446 trillion in the past...