Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 201562
                    [Title] => GIR declines to $15.981B in March
                    [Summary] => The Bangko Sentral ng Pilipinas (BSP) reported yesterday that the country’s gross international reserves (GIR) fell slightly from $16.145 billion as of end-February to $15.981 billion as of end-March 2003 due to the continued servicing of the national debt. 


The GIR represents the country’s total holdings of foreign currencies, including special drawing rights (SDRs). 


According to BSP Acting Governor Amando Tetangco, the current GIR level was comfortable and enough to cover 4.7 months worth of imported goods and payment of services and income. 


                    [DatePublished] => 2003-04-05 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 199863
                    [Title] => Commercial banks’ increased lending reflects high liquidity, says BSP
                    [Summary] => The Bangko Sentral ng Pilipinas (BSP) said yesterday that the increase in commercial banks’ lending was an indication of how liquid banks have been in the last few months as interbank lending dropped by almost P10 billion. 


BSP Deputy Governor Alberto Reyes said the actual volume of non-performing loans reached P247.46 billion in January from P245.1 billion in December 2002. 


                    [DatePublished] => 2003-03-22 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 199645
                    [Title] => Banks’ bad loans rise again
                    [Summary] => Bad loans are on the rise again in the banking industry, despite an increase in total bank loans that should have reduced the proportion of non-performing loans to the total loan portfolio of the country’s commercial banks (KBs). 


Preliminary estimates by the Bangko Sentral ng Pilipinas (BSP) showed that the NPL ratio of commercial banks climbed from 14.95 percent in December to 15.05 percent in January. 


                    [DatePublished] => 2003-03-20 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 198588
                    [Title] => Peso nears 55-to-a-dollar
                    [Summary] => The peso lost another five centavos against the dollar  yesterday, pulled down by the weakness of the Japanese yen and the Thai baht as regional markets traded under the shadow of a looming war in the Middle East.
                    [DatePublished] => 2003-03-12 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [4] => Array
                (
                    [ArticleID] => 198076
                    [Title] => GIR dips to $16.15B in Feb
                    [Summary] => The Bangko Sentral ng Pilipinas (BSP) reported yesterday that the country’s gross international reserves (GIR) stood at $16.150 billion as of end-February 2003, slightly lower compared to the end-January 2003 level of $16.426 billion. 


The GIR represents the country’s total holdings of foreign currencies including special drawing rights (SDRs). 


According to BSP Acting Governor Amando Tetangco, the current GIR level was comfortable and enough to cover 4.8 months worth of imported goods and payment of services and income. 


                    [DatePublished] => 2003-03-08 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

ACTING GOVERNOR AMANDO TETANGCO

Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 201562
                    [Title] => GIR declines to $15.981B in March
                    [Summary] => The Bangko Sentral ng Pilipinas (BSP) reported yesterday that the country’s gross international reserves (GIR) fell slightly from $16.145 billion as of end-February to $15.981 billion as of end-March 2003 due to the continued servicing of the national debt. 


The GIR represents the country’s total holdings of foreign currencies, including special drawing rights (SDRs). 


According to BSP Acting Governor Amando Tetangco, the current GIR level was comfortable and enough to cover 4.7 months worth of imported goods and payment of services and income. 


                    [DatePublished] => 2003-04-05 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 199863
                    [Title] => Commercial banks’ increased lending reflects high liquidity, says BSP
                    [Summary] => The Bangko Sentral ng Pilipinas (BSP) said yesterday that the increase in commercial banks’ lending was an indication of how liquid banks have been in the last few months as interbank lending dropped by almost P10 billion. 


BSP Deputy Governor Alberto Reyes said the actual volume of non-performing loans reached P247.46 billion in January from P245.1 billion in December 2002. 


                    [DatePublished] => 2003-03-22 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 199645
                    [Title] => Banks’ bad loans rise again
                    [Summary] => Bad loans are on the rise again in the banking industry, despite an increase in total bank loans that should have reduced the proportion of non-performing loans to the total loan portfolio of the country’s commercial banks (KBs). 


Preliminary estimates by the Bangko Sentral ng Pilipinas (BSP) showed that the NPL ratio of commercial banks climbed from 14.95 percent in December to 15.05 percent in January. 


                    [DatePublished] => 2003-03-20 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 198588
                    [Title] => Peso nears 55-to-a-dollar
                    [Summary] => The peso lost another five centavos against the dollar  yesterday, pulled down by the weakness of the Japanese yen and the Thai baht as regional markets traded under the shadow of a looming war in the Middle East.
                    [DatePublished] => 2003-03-12 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [4] => Array
                (
                    [ArticleID] => 198076
                    [Title] => GIR dips to $16.15B in Feb
                    [Summary] => The Bangko Sentral ng Pilipinas (BSP) reported yesterday that the country’s gross international reserves (GIR) stood at $16.150 billion as of end-February 2003, slightly lower compared to the end-January 2003 level of $16.426 billion. 


The GIR represents the country’s total holdings of foreign currencies including special drawing rights (SDRs). 


According to BSP Acting Governor Amando Tetangco, the current GIR level was comfortable and enough to cover 4.8 months worth of imported goods and payment of services and income. 


                    [DatePublished] => 2003-03-08 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

GIR declines to $15.981B in March

By Des Ferriols | April 5, 2003 - 12:00am

The Bangko Sentral ng Pilipinas (BSP) reported yesterday that the country’s gross international reserves (GIR) fell slightly from $16.145 billion as of end-February to $15.981 billion as of end-March 2003 due...

Business

Commercial banks’ increased lending reflects high liquidity, says BSP

By Des Ferriols | March 22, 2003 - 12:00am

The Bangko Sentral ng Pilipinas (BSP) said yesterday that the increase in commercial banks’ lending was an indication of how liquid banks have been in the last few months as interbank lending dropped by almost...

Business

Banks’ bad loans rise again

By Des Ferriols | March 20, 2003 - 12:00am

Bad loans are on the rise again in the banking industry, despite an increase in total bank loans that should have reduced the proportion of non-performing loans to the total loan portfolio of the country’s commercial...

Business

Peso nears 55-to-a-dollar

By Des Ferriols | March 12, 2003 - 12:00am

The peso lost another five centavos against the dollar yesterday, pulled down by the weakness of the Japanese yen and the Thai baht as regional markets traded under the shadow of a looming war in the Middle Ea...

Business

GIR dips to $16.15B in Feb

By Des Ferriols | March 8, 2003 - 12:00am

The Bangko Sentral ng Pilipinas (BSP) reported yesterday that the country’s gross international reserves (GIR) stood at $16.150 billion as of end-February 2003, slightly lower compared to the end-January 2003...

Business