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

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Tradition with a Twist: 71% of Gen Z Believe Diwali Is Best Celebrated the Traditional Way, Reveals Sanrio Survey

Mumbai (Maharashtra) [India], November 5: India's Gen Z may be redefining self-expression, but tradition remains at the heart of their Diwali celebrations. A new survey commissioned by Sanrio, the global lifestyle and entertainment company best known for its beloved characters such as Hello Kitty, Cinnamoroll, Kuromi, My Melody, Pompompurin and Gudetama, reveals that 71% of Gen Z respondents believe Diwali is best celebrated the traditional way, while 66% want more playfulness and fun. The findings resonate with the values of friendship, kindness, positivity and inclusivity embodied by the globally iconic character Hello Kitty, as young Indians blend cherished traditions with their own personal touch. 66% want more playfulness in their celebrations, reflecting a generation that is embracing tradition while adding its own personal touch. Thoughtful gestures and meaningful connections take centre stage, with 64% favouring personal gifts and 70% believing everyone should feel included during Diwali.

Nov 05, 2026