World

Philippine external debt rises in Q1, remains manageable: central bank

Jun 14, 2025

Manila [Philippines], June 14: The Philippines' external debt rose in the first quarter of 2025 due to increased borrowings by the national government and the banking sector, the Philippine central bank said Friday.
The Bangko Sentral ng Pilipinas (BSP) said the outstanding external debt reached 146.74 billion U.S. dollars at the end of March, up 6.6 percent from the previous quarter and 14 percent year-on-year.
This was equivalent to 31.5 percent of the country's gross domestic product, higher than the 29.8 percent recorded in the prior quarter, but still indicative of a manageable debt level, the BSP added.
Source: Xinhua

More news

Infosys: Differentiated AI strategy and a sharp focus on value unlock propels 29% sequential growth in AI revenues

Bengaluru (Karnataka) [India], October 23: Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in AI-first business consulting and technology services, delivered $5,145 million in Q2 revenues, year on year growth of 1.5% and sequential growth of 1.2% in constant currency. Operating margin was stable at 21.0%. EPS growth was 8.7% year on year in rupee terms. TCV of large deal wins was $5.2 billion, with 62% net new. Robust Q2 large deal TCV at $5.2 billion with 62% net new; lays solid foundation for future growth. FY 27 revenue guidance revised to 1%-2% and margin guidance retained at 20%-22%.

Oct 23, 2026